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Hi,I recently got my primary residence leased out this month. I’m excited about it but lacking the knowledge behind being a landlord and the responsibilities that come with it. Curious if anyone had some Do/Don’ts , s...
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My CPA suggested forming seperate LLCs for each rental property I purchase. He states that this limits my liability if there is an issue with one property. I have just one property currently, but I plan to purchase a...
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I'm trying to understand what options I have to gather more information regarding an abandoned home in a neighboring town. The house has been vacant for a couple years and is in a nice neighborhood (values around $40...
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Hey BP community,I am looking intently on doing some buy & hold out of state investing and trying to come up with a good strategy. Some of the options and pros / cons i have been evaluating are listed below:1) Tu...
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I sold my house this spring and have $100k to invest. I'm looking for ideas from seasoned investors on how to best invest this capital.I live in Portland, Maine. The housing market is high and bidding wars over proper...
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The tenants ‘boyfriend’ leaves the property and oddly enough, another male shows up for a short amount of time. This happens regularly, according to the on-site care taker of the property. There’s either drug dealing,...
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So I've got a problem and thought the great minds on this site could help me out with my bookkeeping issue.
Our business is starting to grow to the point that keeping the books is taking more time than I want to spen...
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Hello, I’m curious to hear from experience investors about how they structure/ organize there LLCs. From local real estate meetings , real estate attorneys, and other local investors I’ve heard different ideas and I’m...
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We have an applicant trying to complete an application for one of our rentals, but they do not have a social security number or a driver's license number- which are required fields for our background and credit check....
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Below is just one example of the many websites and forums popping up around the country, depicting landlords as greedy, evil monsters. What's most interesting is the growing number of people that believe housing is a ...