I provided a tenant with a 3-day Notice to Pay or Vacate. The total amount is based on the back rent due, plus all late fees incurred up to the day I provided the notice. Per the lease I have an initial late fee, the...
Do you guys recommend getting a property manager if you’re starting a house hack? I have 2 other bedrooms in my house that I want to rent out for extra income.
I'm curious if I will be taxed differently if I assign a deal, versus closing on the property then selling after the fact. I might be thinking way too hard lol, thought it was wort asking!
I'm in the process of establishing an SDIRA, which will hold 100% of the member interests of a to-be-formed LLC. Does anyone have a sample "IRA LLC" operating agreement (or web link to an op agreement) which you woul...
Can Realtors invest and do wholesale while being under a Broker?? And if so, do we still have to split the money even if it’s a personal business decision??
Kansas City, Missouri, has become a hotspot for real estate investors in recent years. With its affordable housing market and growing economy, many investors are looking to purchase and rehab single-family homes (SFH)...
Hi All!This is my first post on BP and I'm excited to start our investing journey. My husband and I just sealed our PA for our first duplex in Canton, OH. We've been wanting to get into real estate for quite some ti...
Hello guys,Just wondering if anyone can help me out here. Just about to close on a property soon and was wondering what my tax hit will be under these circumstances on a sales of a Los Angeles multi family property.Or...
I have an inherited tenant lease that is expiring at the end of Feb. They were at market when I purchased, but property needs major rehab to re-lease. I estimate $9-$11k including make ready, lost rent, and lease fee....
Fellow investors: it is so annoying to rehab a cash- or hard-money-purchased rental then have to wait six months before doing a traditional/conventional/conforming/Fannie/Freddie cash-out refi. I know that I could ju...