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Where the heck are all those pit bull type animals living? My insurance company doesn't allow me to rent to people with these dogs but they are all over the place. My real question: Perspective tenant has service ani...
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Hi BP Community,My business partner and I live in Houston, Texas but for various reasons have been investing in Montgomery Alabama. We recently sold our first flip in Montgomery, AL - managing the process from 670 mi...
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Hello digi-neighbors,
In this economy the top priority of the electorate is job creation. With my previous marketing consultation I found it interesting that when we are the entreprenuers at first opportunity, we ou...
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I have a question, I heard that you could use your 401K to buy real estate without having to pay penalties or taxes, is this true?
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For my first deal I had to take title and mortgage in my own name as the bank would not lend to the LLC. However I do keep all the property's income and expenses in and out of an LLC that I formed because someone told...
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Hi, I'm a newbie to the industry, hoping to buy my first rental property this year. I'm considering using money from my 401k as a downpayment on an FHA loan. I want to househack a multi-family and live in it for a ...
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From what I've read in the forums it seems that conventional wisdom here is it's best to hire only contractors & handymen that are insured. I adopted this perspective when I started as a landlord as I tend to trus...
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Hi, guys. I appreciate all replies. So I have 2 STRs. Drying linens and towels is definitely the slowdown. Both of my STRs are 4 bedroom/2 bath with duvet covers for the comforters. So when all 4 beds are used, there ...
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We have 3 rentals, and Turbotax says we made about $27k off the 3 combined last year, so I ended up having to pay the IRS $8k. Currently the tenants pay us directly to our bank accounts. Would we owe less if we set up...
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