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My tenant is consistently late on rent for the last 3 month. This month is even worse:6/7- I sent out a 3 day notice to pay or vacate per law. She replied and asked to pay rent and late fees on 6/16 due to emergency. ...
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So it's time to celebrate my very hard earned 2nd win. Unlike the first time around, I decided for the 2nd rental I want to look for something that I can purchase with $0 money down. I went ahead and searched for this...
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We have our 3rd Property under contract and plan to close in a week. The house is in a high appreciation area. Trying to figure out what the best exit strategy is. We are open to suggestions for different strategies t...
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I just closed on my first property a triplex in Peoria Il, but i currently live in Georgia. I’m struggling on how to set up my bank account for my investment (s). I know i cannot use my personal bank accounts. Please ...
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Hi my name is Elliott. This is my first post here. I've been saving and educating myself over the past couple years and am about ready to make my first investment in a rental property to help on my way to financial fr...
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I've devoured all Youtube videos and form posts related to setting up an appropriate entity structures. I've also spoken to a few services popular here on BP. At the end, I'm still confused.Here is my situation- W2 ea...
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Hi BP community, Im living a real life real estate nightmare on my first flip. So I just recently finished my first flip with my general contractor who i know personally from him remodeling my own personal residence, ...
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I currently have 2 4-plexes under contract. My financing will not be finished until after our scheduled closing date so I went ahead and lined up a hard money lender just in case. Before I finalize with the hard money...
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I am considering purchasing a small handgun for protection when going to look at properties in unfamiliar areas. Is this something I can write off at tax time as a business expense?
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Hello Everyone,Piggybacking on another post about CPA recs, I wanted to share my experience with my current CPA and get feedback My CPA does not disclose up front what costs would be associated with meetings, advice a...