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Last year I bought my first two rental properties in Michigan. I've been keeping paper receipts in folders all year (gutted and rehabbed them), didn't really have the time earlier to do anything else with them. Now I ...
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So I currently have one rental property. It is under my name and not an LLC, but I plan to create an LLC and quit-claim it very soon (any advise on this would be greatly appreciated).I have been using my personal che...
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I'm trying to automate and digitize more processes of managing long term and shortterm rentals.
Curious to learn what other landlords and STR listing owners are doing to automate day to day processes?
How much time...
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Hi All,
I've recently acquired a few properties and have started using Stessa (since I get it for free with a BP Pro membership) for bookkeeping. All of my properties are being managed by a property manager and it ...
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A young married couple wants to rent a single family home I own in a low- to middle- income neighborhood. They check decently (good references from present/past landlord, no criminal history/bad debts/delinquent accou...
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I put in an offer on a duplex. And there are tenants on both sides. One of the tenants are being evicted. The other side is on a year lease....there is a property manager already in place which I may consider keeping....
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I have had a rolled over IRA invested in mutual funds for the last 10 years and am interested in diversifying my portfolio with real estate. There is roughly $60k in the account. Is this possible without penalty?
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Curious what everyone does to keep track of all utility accounts and monthly bills for your properties. We have 7 units across 3 properties right now and varying accounts for each one - Gas, Electric, Water, Trash, Se...