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Hi All,My CPA is questioning whether a Management Fee that I am claiming deduction on is appropriate if I am not acquiring these services from someone else. IE, I'm setting aside 10% of total rent as a management fee...
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I have an opportunity to do a "subject to" deal in CT. Based on what I know, the numbers make sense, deal wise. What I am looking to find out is (I know this subject has been talked about before and I have read other...
I got some advice on door knocking as the best strategy from a couple of smart investors here , I’d prefer to door knock early in the mornings and get it out of the way, but logically I believe it’s not the smartest s...
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Good Morning,I live in New York, I am looking to move out of state. I have maybe 3 or 4 states in mind, I am trying to see where I could move that would be the most cost efficient for me. I would like to maybe buy lan...
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I am looking for an easy, consistent way to collect rents.
Hey everyone, so I've been looking around near me in westchester county New York for a multifamily property investment opportunity that I can get financed with a bank. Now every time I come across a deal, I can't get ...
Hi BP,I am seriously considering suing my PM, and would like to hear what other landlords would do in this situation.Recently one of my Dallas rentals became vacant. It was originally rented to an elderly couple and t...
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Hi all, I just want a sanity check from the BP folks here.I just asked my dad to add me as an authorized user to one of his credit accounts in the US to help me rebuild my credit scores there (since I closed all my ac...
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Hey everyone! Got another question for you all. @Raymond Northcutt and I are hoping to hit the road in about a year, and we're trying to prepare for the issue of collecting rent. As of now, we are just having tenants ...
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I am trying to decide if it's a good investment to purchase an AU or two before I apply for funding. (I'm going either the HML or Portfolio route). If they look at income, liquid assets, and debt to income, would avai...