I own a couple of apartment buildings in Mexico City, Mexico, and have been successful leasing with everything included. By "everything" I mean water, electricity, internet, cable/satellite TV, renters insurance and b...
I'm about to put an offer in on a duplex contingent on the current lessor/owner going through the proper channels for removal of tenants before closing date. I will be living in one half but the tenant who lives in th...
Investment Info:
Single-family residence private money loan investment in Enid.
Cash invested: $27,600
Contributors:
Matt Mesick
UPDATE: (10/02/2022): Borrower has defaulted on the loan a...
I've recently seen people giving advise to take out a HELOC as a means to pay your normal everyday expenditures including bills, and at the same time, taking your paycheck from job and applying it every month towards ...
@Brandon Hall @Natalie Kolodij @Linda Weygant CPA <3 What's the best way to account for business expense deductions during a joint venture flip? I have read websites like http://www.double-entry-bookkeepin...
Hey BP'ers, I would appreciate any advice experienced landlords could give me on this one. I am screening an applicant now and trying to make a good accept/reject decision. The applicant has a job grossing 2.8 times t...
Hello everyone! just had some quick questions. I am close to purchasing my first 4 unit property which I will live in, and there are already tenants in place, does anyone have advice and resources for inheriting t...
Bill Gulley Does anyone know if a private individual who funds mortgages is required to provide a TIL? If so, and they failed to do so, what are the penalties? Thanks.
Hey everyone!I know that your time is valuable so I'll get right to the point. I need your advice!I'm putting the finishing touches on a new course called "Stop Flipping, Stop Renting: Owner Finance your way to Financ...
So, newbie question here. Hypothetical situation: I have an LLC that owns 3 sfh properties, and the NOI for the year is $20,000. Do I HAVE to pay the taxes on that $20,000 if I choose to keep it in the LLC and, for ...