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To Turn Key or not to Turn Key, that is the question. What is the better investment strategy? Buy wholesale and fix up a property to hold for a rental or invest in a Turn Key rental that already cash flows?
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I am looking for some advice on behalf of my Father who owner financed some acreage an hour North of Dallas, Tx. My Father and I both purchased land from the same developer, I used a land bank for the mortgage, my Fat...
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Hi everyone,
I was thinking that there should be a way for tenants to pay rents others than by mailing a check, money order to the landlord ( no property manager ).
What are some ways to do this ?
Also, how do you ...
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Hi guys,I just got my taxes done by my accountant and it turns out that I have to pay over 3K for 2014 (yes I was waaayyy behind but finally got my act together and pulled everything into an accounting package). Unfor...
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Hi, I live in Charlotte, NC and I am brand new to house hacking and real estate I have 4 rooms in my house to collect rent from and I am looking for the best software/way to collect rent/manage the property. I need a ...
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I am currently in the process of negotiating with a property management company to manage a multi-family rental and I'm curious about how others in the BP community structure their accounts. Can anyone advise on wheth...
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We are looking for recommendations for a good alternative to the tax accountant our company is currently working with. Our accountant has been reliable in completing our company tax returns, but we are looking for som...
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We have a duplex and a PM taking care of both sides while we work over the road. What software/spreadsheet do you use to track expenses and income? We don't have a LLC or anything, but want to take advantage of tax sa...
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I am renting out a house I own in Norman Oklahoma. I currently have tenants in place with utilities included in their lease. They have been using much more electricity than I expected. My question is: am I able to rai...
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Hi,Any tax guru can help me out on this question:I want to pay my kids for working for me...but don't really know the pros/cons between W2 - payroll vs Issue 1099?Thanks in advance for your help.