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I am on contract with my first property and just got the inspection report back. This will be my first investment property and I am not sure how to handle all of the suggestions from the inspector.
How do you typical...
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Looking at a mutlifamily with over 20 units. Last roofed and sided in 1996.Owner asking for a certain price but I found out the roof will probably last another 5 years at best.Class C property would generate $50K ye...
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I'm working on getting all of my rentals transferred to my LLC and setup in Quickbooks. I'm using Nancy Neville's book: "QuickBooks for Landlords who hold & flip" which is a great help.I have a few personal unsecu...
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I live in a subdivision that was built in the 70's. Four years ago I purchased a house that was in rough shape. I ended up doing a total renovation, it turned out great and I have a lot of equity. During that time ...
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AS we all know its rampant... I was just signing a sale contract on a CA flip we sold and there is now a CAR form that buyer and seller sign that delineates the risk and how to protect yourself against wire fraud.talk...
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Hey there!All our policies (personal residence, auto and our rentals) are with Liberty Mutual.We filed a water damage claim at our residence after the flood in our 2 bedroom 1250 sq ft house 1.5 weeks ago, and it's be...
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Good Afternoon BP,
I was wondering if anyone here has formed an LLC before buying property? I’ve met a few individuals in my city that chose to form an LLC because they planned on purchasing a lot of properties. Plea...
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Not sure if many people here go step by step through their process of acquiring and setting up their STR or any rentals for that matter. I am new to STR but my wife and I are under contract expecting to close end of ...
Hi BPers,I'm in the processing of hiring my cleaner for my first property. Does your house cleaner normally give you an invoice after every clean? Probably for your records, it would make sense to have invoices for al...
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Admittedly, the challenges facing entrepreneurs are daunting. As reported in the Arizona Republic, nearly 2 in 5 business owners have come close to failing. In fact, 13 percent said that they had previously owned a bu...