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Eviction was filed on the tenant for non payment. Upon inspection of the property, it was discovered that the tenant had moved out but allowed someone to stay in her unit. When the PM found the guest inside the unit...
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Hello Everyone.I am looking to start my own real estate investing company where I plan on mainly wholesaling, but also flipping properties and buying rental properties. I feel like most people use and LLC for there co...
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Hi there,Don't know if this should go here or in the technology subforum, so I'll try here first.I'm at the point were I need to set up real accounting. Quickbooks seems to be the way to go. And since everything is ...
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Hi all,First time posting here at PB- listening to the podcasts a while now so glad to be actually participating.I own a 4 unit multi-family in the north east and was crushed this year by heating costs. This was our f...
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I am thinking of doing a master key system on my boarding house where my key can access all three floors and all 11 rooms. But I want the person in 1a to have one key that can access the entry, floor 1 only and his 1a...
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Several years ago I set-up a Self-Directed Checkbook LLC IRA. I am aware (mostly) about prohibited transactions. Most are clear cut. In this case I have some money in the LLC checkbook. I'd like to invest it since it'...
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Exactly what is the definition of a Millionaire?Net worth, but does that include the net worth you have in your primary residence, or is that excluded?What are the thoughts of our experts?
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Hi All,
Question for you pros, and maybe I'm thinking too deeply on this, but does Dodd-Frank (or its attendant regulations) set any restrictions on purchasing mortgage notes, or only on loan origination? What about...
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There has been a lot of disparagement of Legal Zoom as not being the company to set up an LLC with. However, I have never heard anyone state a case in which Legal Zoom has failed any customer in regards to setting up ...
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I am wanting to pull my 401k out to make it a self-directed 401k and use it for some real estate transactions. I am having trouble finding CPA that knows all the nuances and inter-workings of this process, setting the...