If you travel to go see properties and attend open houses as a real-estate investor are you able to write-off your hotel
costs, and food tab? If so, what kind of documetation do you have to supply your CPA?
Anyone renting rooms in Baltimore City? How is it going? How do you find tenants? Are you using any programs? Pros/Cons? Do you collect weekly/monthly? What do you cover? Lots of questions.
Hi,Long time lurker posting for my first time.Just wanted to see what you all thought was a fair equity to give an investor putting 80% of the cash for my first REI deal (other 20% is coming out of pocket).Planning on...
Hi all! I am currently looking to purchase a home with significant settling issues in St. Louis, MO. The house will need piers, and my guess is it will cost about 20k. Its been sitting on market for a while and i beli...
Hi! I have W2 income and my wife works on and off at retails. We have 3 rentals that both names are in title. Those 3 properties are under my own LLC, and my wife is NOT in LLC or she does not have her own LLC either....
Hi BP,I recently looked into a duplex deal in a C+ class neighborhood. The house had a major fire about 4 years ago and was not touched afterward. After being exposed to the Florida weather that long, there's nothing ...
I have a rental property that has a workshop in the yard. It is basically dilapidated, with multiple leaks, rotting floor, doors don't latch, etc. My question is what should I do with this building. I don't want to...
How do you make sure a contractor is not ripping you off when purchasing materials. How do you verify what they purchased and what they used. How do you make sure they dont buy something and then return it?
I have some properties in mind that I think would work well (both short and long-term) but I don't have money for down payments. Advice on getting started? Two properties already have tenants and the other has a stron...
Hello all! I have a question regarding construction bids. When the contractor that I hired signed the contract with me, he said that materials are to be covered by him, and all fixtures are to be covered by me. Now he...