We converted a LTR into a STR September 1, 2022.Of course i've waited to the last minute to complete my taxes and am struggling with this.I have completed my taxes for 20+ years using Turbotax - but this is a little c...
I have recently come across this opportunity of an 11 unit property which was converted from a hotel. Some of the units are rooms with shared amenities, so essentially it’s like a boarding house. The area is decent bu...
Spring Is Real Estate’s ‘Rush Hour’ — Here’s How to Tell If You’re PreparedThe most popular time of year to buy a home is in the spring, and this means that if you’re preparing yourself for getting into the real estat...
Can the operating agreement be drawn up before the LLC and bank account is created?
Just bought my first property, thanks BP! Is a 2br/2ba that rents for $1350 and I close on Dec. 1st.Any tips when finally starting out? How to prepare etc. (may be even some informal ones)I plan to make a nice long l...
Hello, new investor here. I'm preparing to wholesale real estate in the Central Florida area. I'm wondering if I could get any advice on the best neighbourhoods to look for in this area? Ideally, I'd like to isolate a...
If I purchase an occupied property but their current rent is below market is there a correct way to raise the rent on the inherited tenant to get up to market and increase my cashflow without overt risk to occupancy? ...
I own one rental property in Mesa, AZ. (1120 s/ft, 3Br/2.5Bath, townhome). I have had the same tenant in my unit for 13 years. I have been charging her below market rent because she has been there for so long and in...
My five-year goal is to have a portfolio of mid to large multiunit properties. What should I do to prepare myself now to get into these types of deals in the future? I've found a mentor that does single family and sma...
I just took the NJ REAL ESTATE TEST and it was SO hard, it was NOTHING THAT I STUDIED. I studied for hours and hours each day. I have no idea what I did wrong. Does anyone have any idea how to study for it, how to pre...