Starting on this business and do have a property being rented. I do have a set amount to save every month from what I receive for future maintenance. My question is, what is a good set amount to have save for maintena...
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I have multiple business entities owning real estate as many of you do. LLC 1 owns 5 properties, LLC 2 owns 3 properties, etc.... I can't get a straight answer from my CPA so curious what you guys do. I am looking to...
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Hi. I noticed the rental market in Miami is very strong. Does the landlord still pay for broker fee in Miami?
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I just received an application for my rental unit and wanted some feedback.Non-married couple who dont currently live together.One member of the couple has 710 credit score the other has below slighty below 600 score....
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Hey Chicago real estate friends!I am looking for a refinance loan at 80% LTV or higher with a lender that will use the income approach (aka DSCR loan) on (2) 2-units. Both buildings are fully occupied with great sect...
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I have been doing my bathroom rentals pretty simple. I buy 60 cent sq/ft beige tile from Lowes and use it for a tube surround and on the floor. I typically do a glass mosaic accent strip in the shower surround 3/4 the...
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Hey everyone, I was just offered a high paying job in the Bay Area, would an offer letter be good enough to get pre approved? Or do I need two pay stubs still?
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I received an email from a CL add I posted that says "I buy mobile homes" from a very motivated seller. They were asking 2500 cash but it needs to be moved which generally costs about 3k. I called a local MH moving...
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Hi BP Community, I am closing on my first duplex in Logan Heights, San Diego. (92113) West of the 15. What are the MUST have insurance policies I should have/consider? Just basic, Fire, Earthquake, all of the above? T...
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THE DEADLINE IS JANUARY 31!
Should you even bother?
Your first question might be – why should I? Well, three top reasons come to mind:
It will allow you to deduct their earnings on your own tax return.It is require...