Hi guys, I'm currently looking into a deal in a low end part of Dallas where a 3 bed 2 bath SFH is on the market for $55k. The current tenant pays $750 and the rental comps support it raising to $850-$900, along with...
I am new to insurance for landlording and need help to see if i can save more on insurance. I bought for 49.9k with 11700 for down and closing. Worth 82k fixed up in Wichita, KS
Does anyone use a virtual assistant? My main questions are:
How can I easily give access to passwords? (I use a ton of online tools)How can I pay them?Has anyone had any luck with any of the services? Thanks,Trevor
I have done only buy and holds up to this point, and my focus will continue to be buy and hold in the future.I have two LLCs, #1 is more established with 4 rental properties right now. With all the tax write offs incl...
My current tenants lease is coming due at the end of this month, and I am currently seeking new tenants. I have told my tenants that instead of having potential tent and physically see the property that I will do a on...
I lease a retail space. First year. I put about 20k into remodeling the space this past year. What's the best way to account for that expense on taxes? It's commecial, and I don't own the space, just the biz...
Hello to everyone, and congratulations for making such a fine community. I've looked over a lot of the information here, and there is a lot of helpful people on this site.
I am wondering if anyone knows or has done r...
Will quit claiming our personal home's deed to my wife protect us from a lawsuit pertaining to my business or my rental properties? She is far less exposed on a liability level.
Hey BP -I've got my investor friends to weigh in on this, but would love to hear the collective wisdom of this communities input.Background: bought a SFH with a tenant in place. It's been a little rocky with them so f...
short back story, I'm a salseman for a fairly large roofing company in Kalamazoo MI. I'm 36 years old and have been remodeling houses for myself or working under someone else since I was 15 (summers and evenings)
I've...