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My wife and I have taken over a property management business and are wondering how much property managers usually add in to the monthly rent percentage for quarterly inspections? Or do you charge a flat fee the month ...
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Hello everyoneSo we are under contract for a quad in Columbus area and currently shopping around for Home insurance. I have a nice recommendation list of providers from my RE agent, but a lot of those do not provide c...
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I am trying to understand the safe harbors as it relates to expensing rather than depreciating items. I've read some of the forums and blog posts, and everyone's examples always seem to be slightly different than min...
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I’ve been looking into some online banks for my own personal accounts, and possibly my business accounts. What cards/banks have worked well for you? I think I will go with a Home Depot card as I am a contractor and do...
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I have about $2M of equity in three single homes (technically a triplex but not connected) on a hillside in Eagle Rock in NorthEast LA. Annual rents are $160k. I haven’t had earthquake insurance for the last 15 yea...
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I am starting out in wholesaling and I'm currently taking a real estate course just to have my license. Will the license stop me from making any deals if I'm not working for any brokers or companies? I went to a local...
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Okay, so I'm learning more and more about my insurance needs:
Builder's Risk Policy - when undergoing renovations
Vacant Home Policy - when house is renovated, but empty
Landlord's Policy - when the house is rented
...
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Has anyone gone through the process of creating their own LLC in the state of Michigan? I want to hopefully do it myself and not have to pay an attorney since at this point I only want to lock up the name and once I f...
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Ok, in my quest to over-analyze everything to the Nth degree, I have a question for those of you who have a written business plan and actually use it.I have owned several businesses over the years and have written pla...
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I invest primarily in SFH in North Florida and my average tenant stays in place over 3 years. I love the stability, but it does mean I slowly fall behind on NOI as costs for landscaping, taxes, etc slowly creep up. ...