David Kuhlke
CPA charging me $3,000 to prepare simple tax return?!!!
Hello BP community, My wife and I work w-2 jobs and own 3 rental properties... nothing crazy. Is it normal for my CPA to be charging me $3,000 to prepare our tax return? This is my first time using a CPA and I don't k...
Dillon O'Connell
How do I get started flipping houses?
Hi BP community, I looking to break into the Fix n Flip REI strategy and I have a few questions. 1) What is the first thing I should do? Is it finding local properties in disrepair, finding hard money lenders, or get...
Nathan Gesner
Landlords: What is your #1 time-saving system?
As our portfolio grows, it's necessary to develop systems to handle the routine tasks. What is your favorite time-saving system that has allowed you to protect your time, maintain your sanity, save money, or continue ...
Joseph M.
Do you use a separate LLC for each investment property?
Do you use one LLC for all of your investment properties or one for each property? If not an LLC, which entity do you use and why? Doesn't the added cost of maintaining an LLC substantially eat into profit, especially...
Chris Newton
Tenant entered property 3 weeks after lease expired!!!!!!!
Hi guys, I am furious. My tenant caused damage by leaving carpets with excessive cat urine and vomit all over, burnt holes in it with hot coals in a plastic bucket and pretty much never vacuumed stairs, cleaned showe...
Lisa Marie
Home office reimbursement for LLC members (taxed as partnership)
Hi, my husband and I are the only two members of an LLC (partnership status for tax purpose). The LLC owns a property outside the state where we live. We have a dedicated office in our primary home that we use exclu...
Austin Swanson
Perfect BRRRR - Detailed Investment Analysis
IntroductionOn 1/31/2020, I purchased my first two rental properties. One of which I just sold last week, on 5/27/2021. The following write-up is a detailed analysis on the numbers, from purchase and closing costs...
Reggie Rearden
To continue with our salon or lease out
So we are in a little situation. We have a salon in the Aiken / North Augusta SC area and charge booth rent. The rent total from all (5) stations is $420/week when rented at full capacity. The issue is its been almost...
Jen Senecal
Investing as a couple with a partner
I am new to real estate investing and looking to invest in south San Antonio area. My boyfriend and I will be partnering up with our good friend who is also a newbie. I was wondering if anyone has any advice for how t...
Brandon Mitchell
Starting Off; Building A “Team”
Hello Bigger Pockets!What are the individuals that you need on your “team” to get started when purchasing a Multi-Family Apartment Unit?