Hello! I’m new to the Bigger Pockets Community as well as property management. I have been reading Brandon and Heather Turners “The Book on Managing Rental Properties” and have found it extremely helpful. I just have ...
Hello BP!
I need your opinion on the flooring job in my latest acquisition. I pulled carpet and had a local contractor sand/refinish the original wood floors. He tells me this is the best he can get them to l...
When you have a Property LLC owned by a single member Holding LLC, how do you obtain an EIN# for it? Do you apply for the EIN# using your SSN as the member and owner of the Holding LLC or you obtain it by using the H...
What is your experience with the quality of the rental application Zillow provides prospective tenants for $29? Do you feel it provides sufficient and accurate information?
Hello Everyone! I am looking for some advice regarding the 1099 / 1099-NEC tax forms and whether or not I must issue these to contractors for my specific rental property. I currently own just one property (a duplex) a...
Hi everybody, I'm a newbie looked to purchase my first rental property with a conventional loan. I applied with a few lenders and they pulled my credit score. Both commented that I had an excellent score, in the high ...
Hello, I have a single member llc and plan to hire my spouse as w2 employee so she can contribute to solo 401k. Right now I have my solo 401k set up at Etrade. I asked me to add my spouse to the plan but they say she ...
Hello All,What ratios do you use when you are analyzing properties? I created an excel spreadsheet and calculates cash flow, NOI, ROI, Cap rate, and the %1 rule quickly so I can process properties on the MLS as rapid...
I just found out my offer has been accepted on a property that I offered on like a month and a half ago. I'm excited, however I am already under contract for an other property and won't close for another 2 weeks. Usi...
Hello, my name is Logan and Im 18 years old and after careful consideration I've decided that I want to make Real Estate investing my career. After willingly moving out of my parents house from Alberta to BC at 17 it...