Help BP friends - We recently closed on our next flip project. The former tenant was evicted by the previous owner but never removed all of his personal property (a house full of stuff). Can anyone tell me what I am r...
Hi, I bought a furnished 3 bedroom condo last year in North Myrtle Beach as an LLC and received a notification from the county that I have to pay a personal property tax on the furnishings. I have no idea how to place...
A question on depreciation for residential investment properties. When calculating depreciation, the regular schedule is to depreciate the property over 27.5 years. Do I need to separate out personal property (applian...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $169,000
Cash invested: $14,000
Sale price: $200,000
We bought this property as a primary residence to also fix...
First foreclosure auction purchase from auction.com. If nobody is living in the property and it is full of random junk and garbage, are you allowed to clean it out and trash everything? Property has random stuff, like...
I’m fixing to start looking for a Property Manager. To handle my properties. I have 24. Plus a regular job
That takes a lot of my time plus the Family.
I have it in the works to add 50 more this yea...
I have 2 properties that I own personally and 3 properties that me and a partner own under an LLC. I have a GV number and separate bank accounts, however, do I need a separate email address? Seems trivial, I know, bu...
I have a remodel property project that I am planning to switch under single owner 100% LLC and get private financing to finish the project. I am out of funds and I can get the financing only under LLC. Once I am finis...
So I think I have a fairly safe way to enter the world of real estate investing but I wanted to post my plan here and see if I was missing anything. I've done a lot of reading & research so I think I have a good h...
We are selling our home and relocating to a new house that has a nice apartment built in the attached garage. We are considering doing a STR but curious about challenges of having guest while raising three children. ...