I am in early stages of looking at this off market deal. 24 unit apartment building. Sellers is asking 1million and provided the numbers below.

Below the income numbers they ran some numbers for financing at the fu...

I read that I can hire my children to work at my home base business, which is an LLC. We live in NYC, but our LLC is filed in NC.

Question: If I hire my 11 year old as an employee to do of course reasonable work for...

Hello,

I have a 3rd story occupied unit that needs a heat pump replaced. Current heat pump unbeknownst to me is leaning against a chimney and supported by 2x4s and on a peaked roof. HVAC contractor went to replace ...

Hey BP! I have been looking for a good system for getting rent money and sending bills to tenants. I came across the Tellus app and was wonder what the communities thoughts were about it. It seems like it would be pre...

Sorry if this isn't the right place for this. Just found out about the podcast and have listened to a ton of them! We are in the middle of buying our first home. We've ran into some problems. We love the house but hav...

Hi I'm purchasing a property on 8/31/2020 in Wisconsin that has a month to month tenant that will come with it. The current owner is using a local property management company. I'm unsure what will all happen before an...

So I had someone apply the other day, middle aged couple with 3 kids. Seemed very nice and professional. I am running their background and everything looks good so far. Employment is solid, previous landlord ch...

I am getting laid off my w2 job here in a few weeks. I also have a active real estate license in Texas. Im thinking about going to work with a buddy of mine who works for a wholesaling company. He said you get 20% of ...

Recently heard about NestEgg, which is basically a software that helps manage rental properties. The idea sounds great, I'm just not sure if it'll pan out in practice. I've also heard of apps like Rentfolio and Buildi...

I've heard many people getting an LLC and using it towards their rental properties. I just had a few questions to clear up and ask like:1.) What is an LLC and how can you use it towards your properties?2.) What is the...