Hey there and happy holidays from Florida! First time homeowner who purchased a multi-unit with my boyfriend. We're renting out one unit to a longterm tenant and Airbnb'ing the other. We both work full time, regular 9...
I just recently finalized the purchase of my first two investment properties. Both these properties are long term buy and holds. I just wanted to get a sense from experienced investors out there on how you guys go abo...
As a relatively new real estate investor I am learning a lot every single day. Some of this knowledge comes from other REI but even more is from trial and error. One of my biggest weaknesses is staying organized. I...
started an LLC, actively working on the renovation of SFR #2 (about $17k of anticipated reno costs). Daily trips to the home store for materials and doing all the work myself. Random piles of receipts, some probably s...
Hello,I am really enjoying learning here every day. But each day brings more questions. Let's say you have $300 positive cash flow on your only rental. You plan to set aside (totally random numbers) $50 for repair fun...
Hi guys,I finally have my first rental property under contract. As long as the inspection goes good on Monday I will have my first rental property. I'm so excited.Questions:1. When should I start setting up LLC to put...
As an introduction, I'm not the most organized person. I'm reading "Getting Things Done", and hope to implement that level of organization soon, however it's tough to allocate the proper amount of time.Anyway, I've r...
Everyone's "favorite" time of year is upon us.... I'm talking about tax season!
I’m curious about how much time you all spend prepping for tax season before your CPA (or tax preparer) officially files your returns?...
Hi, I’m new to real estate. I was wondering what is the best way to keep your tax items organized and the best way to have them prepared for when it comes time for taxes. Thank you.
Hello everyone,I have listened to many books in the last two years that cover the real estate gamut and several business books that include generic concepts like how to manage people and structure your business howeve...