Michael Birklett
Texas Series LLC Formation | Notice of Series Limitations
Hey Guys,
I'm finally starting my journey into realty investment and decided that one of my first orders of business was to establish a Texas Series LLC. (FYI - The $300 Texas LLC formation fee is waived for veteran...
William Masters
NNN Lease Reconciliation methods
Hi! For Triple Net Leases, how are the net charges generally handled/administered? Does the landlord send an invoice monthly/quarterly/yearly for the actual tax/insurance/maint costs to the tenant to pay up, or does...
Lori De Stefano
HOA intentionally held payment so they could put a lien on my home and collect attorney fees
Need to know legally what I can do. After a battle with my HOA over unpaid dues they never notified me about for 8 months I agreed to pay the dues and the late fees but not the attorney fees unless they could legally ...
Isaac El
Can a home owner sell house with insurance claim?
I found a house that is boarded up and got intouch with the home owner. He tells me he doesn't want to sell because he is waiting for insurance money. Can he get insurance money and not fix and still sell me the hou...
Eric C.
Always REFI for the MOST you possibly can?
Is it a good idea to always refinance for the most you possibly can? On one hand it's great because if you REFI for say 20k more than you paid on an investment property, that's a quick 20k "dividend" so to speak on th...
Ryan Landis
Taxes, Useful Life, and Licensing
Hey everyone,So far BiggerPockets has been nothing but amazing for helping me on my ways to a successful real estate career. I have a couple of quick questions for those out there that have been in this for a while th...
Michael Slockers
How to financially account for a lost security deposit
Hello all:When a security deposit is received on a new long-term rental lease, I categorize that in my accounting system as "deposit", separate from rent. It isn't income, doesn't show as a gain, etc. When that same t...
Jonathan L Berhow-Rivera
Tax Guidance? I am like a sponge, with my first property rehabed
Does anyone know where I can find a checklist of what is deductible when being a buy and hold investor? I m looking for any guidance that is out there to start getting documents, reciepts and invoices inline.
Jai Nigam
Selling property during Tenant's Lease
Hi,I am considering selling a property I've had for a few years. The tenant's lease goes until August 2020; however, given the cooling market, I wanted to get the highest selling price right now. I am wondering about ...
Arturo Borges
Is the 50% rule accurate enough?
Hey!Is the 50% rule accurate enough for someone to rely on it when analyzing a multifamily deal? What exactly are the expenses one incurs with a multifamily property?Thanks!