I've got a few multi-unit properties with rental units. Each has its own checking account and credit card. I recently created a property management LLC to manage the property LLCs.I would like to consolidate and pay a...
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Since 2009, I have purchased, managed, and operated 5 single family residences and 1 multi-family 6-unit building. I am interested in going full-time in REI, but I don't want to be a broker, agent, or something else ...
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Unique situation that I’d like advice on. I own a rental property in NC. I also co-own a rental property in AR with my business partner. He and I created an LLC for NC a few years ago when we were thinking of buying a...
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Tax season may be a few months away still, but what should you expect if you're a first-time limited partner?
What to Expect: Equity Investors
As an equity investor, you will receive a K-1 from your op...
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I live in Kansas, and have a few rentals in Kansas and Missouri. I would like to structure my rentals for privacy and liability. I also manage all and do repairs, sometimes hire contractors if I can not do the work.
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I’m considering going in with an investor on a new cabin. I would help manage the construction and also manage the cabin booking, etc. The other partner will own the cabin and take care of all financial obligations. ...
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I am so excited for Airbnb and the short term rental market in the upcoming year. There is still so much opportunity to invest in property that are perfect for Airbnb. However you have to make sure you do your home wo...
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Hi,
We, my sister (not in Florida state) and I, are planning to buy a property, single family or 2-4 units with sub to or seller financing. I will be living in one room/unit and renting out the others.
I am plannin...
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Hello Investors!I am curious how common it is in the RE industry to use bookkeepers and if you find value in it?
At how many doors/properties does it usually make sense to hire bookkeepers? (any rule of thumb?)What ...
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Hello,I purchased a vacant old nursing home that is in a low income area of the Dallas / Fort Worth area. The place has 30+ Rooms and is over 15,000 square feet. I was going to convert this 1950's building to an assi...