Marissa A Morford
Accounting Software for Investors
Patriot, Quickbooks, Freshbooks, Xero? What do you use and why?!
Thank you!
Trina P.
Do I need a tax planner
My husband and I are close to purchasing our first property out of state. We wanted to hire a CPA who can give us guidance and answer questions--about business structuring, tax savings, etc.--before we purchase our fi...
Jonathan Small
Is each property in a LLC realistic or best advice?
I have heard that you should keep each property in its own LLC. I have owned rental property since 2007. I have never meet another investor that keeps each property in its own LLC, especially SFH. I do keep larger m...
Fabian Friedrich
Analysis: HoA vs CapEx for Condo/Townhomes
Hi,
When analyzing deal I am looking at Condos and townhomes here in NoVa which often have $200-$400 HoA fees.
At the same time I kept 8-10% for Maintenance and CapEx.
Is that overkill as HoA should take care of mo...
Jacob Brenyo
STR Management Software Recommendations
I recently launched an STR management company in Kissimmee FL and decided to set up an account with Hostaway. Overall it seems pretty good, but I am curious about other similar options. Appreciate your recommendations
Mike Shemp
Can I put vacation home into LLC if we don't rent it out?
Hi BP Community,Just wanted to get some opinions on this question!My wife and I own a vacation home in New Hampshire. We currently do not rent it out, and we are interested in moving it to an LLC. I am aware of the ...
Seth Vanorsdale
Rental Inspections "COVID 19" Style
Hello, we have 32 mobile homes rented and require quarterly inspections. With COVID going on, some renters don't like people entering the home. We do have 2 renters on oxygen and we completely understand the worry. It...
Daniel Sterling
CT Lease Agreements
Is there any reason why Connecticut is the only state without a downloadable lease agreement? I'm not a Pro member yet, but I intend on beginning my real estate journey this year. The lease agreement feature will be a...
Lauren Cooper
Best way to receive Rent Payments online
My ideal rental payment management software would include:
Receiving rent payments from tenant (Autopay or not autopay from checking account or credit card)Able to add fees as needed (Pest control, minor damages, lat...
Danielle Hake
100 amps to 200 amps electrical upgrade for 1000 sq ft unit?
Hello! My property manager is telling me I need to upgrade the electrical panel on one of my units from 100 to 200 amps - the cost will be around $4k. For reference, the unit is a 2/1 and around 1000 sq ft. It is half...