The property in question is a SFH, needing new flooring as a major repair and also several minor repairs such as hardware, cracked tiling. Is it more cost effective to just have a PM take care of this or do they gener...

What Should You Get for Property Management Fees?

Hello BP Family,
Just wondering your thoughts on New Builds as an investment- whether it be a build and sell or build and hold long term as a rental. Does anyone have any experience doing this? What is the process li...

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*This link comes directly from our calculators, based on information input by the member who posted.

The city in question is Reading Pennsylvania. I'm looking to buy my first owner occupant rental property. My experience is essentially nil so let me get you in on my thought process so you can critique it:In no partic...

Hi,

I am leaning towards using a PM (property management co.) from day one.

Are the tax benefits (deductions) worth enough to the bottom line to offset the costs of service? Do you only realize a benefit when you g...

We are new investors and looking to put an offer down on our first property in the next week as a STR.  My question is for tax purposes, are we hurting ourselves in terms of the qualification of materially participati...

Hi,

I'd like to know what is the best app for a real estate small LLC (BRRRR focus) to track, per property, all financial data like assets and expenses for tax purposes and business management.
Quickbook
Freshbook
...

Hello,

I live in Los Angeles, CA and am strongly considering purchasing a rental property in Michigan, my home state, in a town ~3 hours away from my home town.

A couple questions:
1) Does anyone own rental propert...

Hey guys! Can someone provide a breakdown off all the expenses involved with managing a rental property. I understand the basic expenses such as PITI. However, I'm struggling when accounting for maintenance costs and ...