Does self managing a rental that you own under a LLC make it easier to pierce the corporate veil? With self managing, I mean you personally interact with tenant, collect the rent, personally make repairs? Or will you ...
Hello BP! Looking to see if anyone has a basic template of an operating agreement for a business partnership of two parties involved in the fix and flipping business? We want to detail the responsibilities, capital co...
Hello BP'ers -We are currently underwriting a mobile home park with all park owned homes.>>>The homes are in bad shape and the repairs line item eats 1/3rd of the Gross Income!Does anyone have any tips or exp...
Tenant texted me saturday morning saying ac is not working. I offered to stop by the same day (last time the battery needed to be replaced in the thermostat) but he said it was not a good day for him. Sunday morning h...
Hello All,This is my first year owning rental properties and was fortunate to buy 2 small properties. What should I be doing throughout the year to best maximize my tax returns each year? Any tips, advice, things to k...
Hey BP, I'm working on doing a full unit rehab (after the inherited tenant moved out). When we're done the rehab & get it rerented we'll conservatively cash flow 600 a month after cap-ex, repairs, etc. Do you use ...
From my research in property management, one of the things I have noticed that is a good property manager has a list of vendors they can call on for repairs. But I also noticed that appliance companies have services t...
If I pay a contractor for work performed should he give me a receipt or do I 1099 him? He uses his own tools and I give no training or anything. Thanks
I am new to Real Estate investing. What expenses can I deduct on my Income Taxs?
I have a difficult tenant who will not allow entry so I can make repairs. Anyone evicted for this issue?