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Hey guys, just wanted to get some advice on my situation. I have been in RE for a few years and have done everything in excel and turbotax so far. My lawyer convinced me to get a couple LLCs and start them for the n...
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Let me start by saying that I am a new landlord or at least a prospective landlord. I am attempting to rent out my home of 12 years now . To that end I have followed Brandon's recommendation to use smart move . ...
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Hi BP, Better weather is here so people are out and about! My tenant called me and told me that someone threw a brick at my rental property in Indiana and smashed a window. Its an older window so it will need to be re...
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There are plenty of sources to to run crime reports. How do you decide if area is good or not in regards of crime? Is it better to buy fresh reports or to use free information on internet? How many square miles should...
Im doing my first long distance deal and Im having the agent walk the home along with a general contractor. The contractor will be giving a list of needed repairs or costs to remodel. Question:What is typical for cost...
Client's building burned in fire. Residential rental property. Fire occured on 10/01/2020. Cost: $400,000Depreciaiton: $120,000 up to 09/30/2020Insurance paid $635,000. Assume no Salvage value.Insurance payment w...
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If you are researching for a property out of state or looking to buy a turnkey property, Roofstock offers multiple reasons to buy a property on their website because of its investor friendly features. Below are some o...
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Hi, I am a landlord using a property management company for one time placement and not ongoing management. The property management company is refusing to share tenant information such as credit report and proof of emp...
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View report*This link comes directly from our calculators, based on information input by the member who posted.Hi All, me again! I need help understanding why this deal would be bad. A similar deal ...
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Hi, I am new to the Bigger Pockets forum and to REI. I am an "accidental landlord" and am renting out a townhouse that was my personal residence. I decided to become a landlord because my townhouse development is st...