Jay Makda
Debt Collection Agency or Attorney?
I have a judgement against a tenant that I have evicted. I am trying to find the best way to recoup the money. I have approached the former tenant and he has no interest in paying me. He actually has a decent job a...
Joseph Kirk
Duplex COC Return discussion
What is everyone’s thoughts on a turnkey duplex providing a 12% COC return? however, that is not allocating anything to capex, maintenance and vacancy. if we allocate 3% to each, the COC return is 7.97%. Is this a goo...
Justin Springborn
Real Estate Rookie Looking to Connect, Learn, and Get into The Game!
Howdy!My name is Justin Springborn, a young buck new to real estate and the Dallas Fort Worth area, looking to purchase my first investment property within the next 6-8 months. My goal is to purchase a small multi-fam...
Jimmy S.
Due Diligence: 1-4 Unit Property Managers in Greater Indianapolis
As more and more clients ask me to recommend property managers for their SFH, Duplex and Fourplex properties, I'm updating my due diligence checklist when comes to what to ask a property management provider:Here are s...
Michael Sepe
Property Manager Fees
Finally purchased our first rental property! Being a newbie, I just wanted to reach out to the BP community and ask if these fees are usual or customery?100% of the first months rent.10% of the montly rental.3% of a y...
Harry Campbell
Almost done with my Rental Prop Taxes
Thanks to this forum I found NOLO's Landlord deduction guide and it has been a god send. It's answered pretty much every question I had and the examples are super helpful too. Great recommendation.
Anyways,...
Alicia Marks
BiggerPockets Book Club Real Estate by the Numbers- Part 1
Welcome to our first ever BiggerPockets bookclub! This will be a chance for us to talk about what inspired us, where we have questions, and how we can become more effective investors. Please note our forum rules (foun...
David V.
For QBI - are 4 rental properties part of a combined business
When entering information on my Turbo Tax Premiere software I see a screen that asks the following: If this business shares common ownership and operates co-operatively with another business, you may want to report t...
Brendan Reilly
LLC questions and taxes
I started an LLC at the beginning of this year and purchased my first investment property shortly after. The issue I have is that the LLC was meant for another business I planned on starting before this BRRRR fell int...
Account Closed
LLC or sole proprietor?
Well... I have been talking about if for years. I think for many, a may have sounded more like a talker and not a do-er. I'll be closing on my first 2 unit in a week or so. I just went ahead with the formation of an L...