I own a condo in a highrise building in San Diego with about $400k in equity, It used to be my primary residence but have had renters in it for about 3 1/2 years. So other than keeping it if I sell are there any othe...
Planning on purchasing a condo in Tulsa, Ok and was calling around insurance quotes. I called Allstate and asked for a quote on a landlords policy. For a decent policy that covers fire etc they quoted me $187/month.
T...
I currently am owner-occupying a duplex and renting the other side out. I bought it with a 3.5% down FHA loan. This property doesn't cashflow with me living in it, but it allows me to live very very cheaply. I like ...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $295,000
Cash invested: $88,500
Sale price: $442,000
4th Buy & Hold investment - Two adjoining duple...
Hi all,How would you record the "Capital Contributions" to an LLC in the ledger section for the following scenarios: Scenario 1: Let's say the equity in the property is $60K and mortgage is $140K before the transfer. ...
I have a situation where an underground hot water line broke and I need to replace or run new lines. Until complete there is no hot water in the unit. We decided to run new lines. The issue is that the unit is occupie...
#AskBPSo I have an opportunity on a mutli and playing around with the rental properties calc here on BP (unlimited usage is why I upgraded to Pro - worth it). All my #s stay the same but altering the income /expense y...
I'm in Houston, TX. I have a few Short-term vacation rentals that owned by an LLC. I have been managing them in this existing LLC. I plan on scaling up and adding a few more of these. Should I create a property manage...
Or do you hand it to them as they leave?
I have a condo in south Florida. I wanted to rent out the unit and then a flood occurred. A pipe in the condo association main drain back up and caused a sewage flood to enter my condo through the shower drain. The...