Hello!,As a military family, we have purchased properties at almost every assignment, then converted them to rentals we were reassigned.  Now we want to form an LLC (or multiple LLCs) and are not certain where we shou...

Question for RE / tax gurus:If a property is worth $100k, can two parents gift 50% equity of a property to their child and their spouse in one calendar year (2018), and the remaining 50% of equity the following calend...

Hello all, my first post here. Tried searching but couldn't come up with the answer I was looking for. First im looking for an opinion on the legality of my late fee clause pertaining to charging a 5% late fee for 1) ...

Philly Landlords,
I am paying the water utility on my East Kensington duplex and just got hit with a $485 water bill (when it averages $112 in the summer)! I sent the plumbers in, and they found a leak in the wall du...

Guys,

I am trying to figure out my post-tax cash flow from my pre-tax cash flow and other stats on buy and hold properties. How does it work again? Please correct me if this is wrong:

From the net operating income...

Ok, I'm not actually going to buy but, I've been looking at this site excessively, and decide to give my valuation skills a go. After a few days of going over properties via, realtor sites, craiglist, etc studying the...

Hello BP friends! What's the rule of thumb for creating a capex reserve? (as a percentage of total revenue) At day 1 of owning the property, do you typically have some $ sitting in the reserve? 

Hi everyone, As I continue to read and try to educate myself a question has come up. I'm a resident of Connecticut, but if I want to invest in let's say Massachusetts, will my LLC protect me?

I have spent the last TWO months dealing with the KC Water Services company. The Water shutoff valve in the front of my new property is completely broken and needs to be dug up and fixed. I've spent days trying to get...

Hello, I have a couple of rentals properties out of state and I currently rent an apartment in Los Angeles. Next year I'm going to get rid of my apartment, put all my stuff in storage, and live utilizing short term re...