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I've heard of landlords who give their tenants deposit slips so the tenant can pay directly into a bank.If I have two tenants, both with the same rent (let's say $1200), how do I know who paid and who didn't if I see ...
Hi everyone!
My name is Krystin I'm 28 and I love long walks on the beach and real estate. I joined bigger pockets because I've always been interested in becoming an investor in real estate but was very scared to mak...
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Looking for advice - purchased first STR 2023 and we qualify for active income based on rule 3 of the material participation test. Current CPA says we can't take losses off of W-2 because W-2 income is greater than 24...
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Hi-Wanted to ask if it’s typical to get a copy of current tenant leases prior to having offer accepted and going under contract? I believe one of the units in the fourplex we are making offer on has several single me...
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I am a stay at home mom in Peoria, AZ who recently came into an inheritance and believe real estate investing is a good way to make my money grow. I would love to do fix and flips, however, I'm not Nicole Curtis and ...
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Hi all,
My name is Mark. I am 25 and I'm from Lincoln, Nebraska. I have been interested in real estate investing since I was 17 and have been reading books ever since. I got started on Rich Dad Poor Dad where...
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Ok, not sure if this is correct category for this question but here goes. Below is a deal I was presented. I am not buying or selling this deal. I have my thoughts on it, but I figured I would ask and see if this ...
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Hi All,
I know this question probably comes up often, but I wanted to ask: if you're using QuickBooks to manage your rental properties, which plan are you using?
Currently, I'm managing 17 units using Google Sheets,...
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I feel as if im at the point I can't learn anymore about real estate untill I get out there myself and start doing deals. The only thing holding me back from marketing and talking to sellers is not having buisness car...
Hello friends,I am looking into selling on of my rental properties, my renter has lived there for about 2 years. By selling I’m looking to profit around $140K before taxes and notary fees etc...My question is tax rela...