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My Parents are renting out thier former primary residence in Southern Mississippi. Their market is now soft, and they are waiting for it to turn around. Currently, they are choosing from two tennents. One from an ...
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Hello Bigger Pockets! I'm a new member and first time poster. I'm 25 years old and have been living in my first home for a little over a year. My strategy is to 2 year live-in flip the house, and I've also been house-...
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Hello everyone, it's Jude.
I making this post because I want feedback from the BP community on a decision I am thinking about making. Approximately a year from now my spouse and I are looking into purchasing a duple...
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I have 3 rental properties all in individual LLCs. My intention is to continue to add to the number of total properties over time. Which LLC/bank account structure is best practice?A) All LLCs have their own bank acco...
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I know deposit money is not considered income unless you keep the deposit at the termination of a lease but how do late fees factor in to taxes? Are they simply added in with the rest of your rent rolls? I guess the s...
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So it is recommended to have each property in its own LLC. However, having to run separate books for each entity is a hassle. Is if possible to have one LLC own multiple LLC.s ? Then just run one set of quick books ...
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new here at BP i hope i found the right forum for this question. I've been collecting rent through Venmo out of convenience and for tracking payments. I would love some feedback on any Cons y'all see in using this pla...
Good day everyone,
I see all of these Gurus talking about investing in real estate without any money (including finding lenders that will finance 100% of the purchase+rehab). None of these guys talk about holding cos...
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My wife and I have a portfolio of 4 properties (6 units) and we are preparing to purchase software to self manage. We have played around with the trial period for Buildium and explored Cozy. Does anyone have experienc...
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It's been awhile since I posted regularly and my situation is about the same if anyone remembers. I own three properties with no mortgages and one is a three family. In my three family building, it now is best for ...