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I had a tenant that missed rent for 2 months. During eviction proceedings, we came up with a settlement that she would pay an extra 200/month until she is caught up. At the time, I had a really lousy management comp...
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I own a property through an LLC with 5 partners. I know I need to prepare form 1065 and K-1s, but I can't figure out how rental income/expenses fit into Form 1065? Is rental revenue my sales, where do operating expens...
I purchased a house in 2021 and lived there for two years before converting it into a rental property. I had not considered opening an LLC until recently when I learned about its potential benefits for liability prote...
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I am interested in buying a two family house using seller financing. Any advice about how to find a list of deals?
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Been doing some more research and tryouts for image generation in real estate. I thought of sharing it here for others to try as well. So in short, the past six months have been quite an adventure, left my day job, st...
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I'm trying to figure out how to best communicate with my tenants regarding this difficult time of the corona virus.I'd like to be sensitive to what's going on, but I also want to be able to cover my mortgages, bills e...
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Hey BP!I was just curious as to how many of you got started in regards out of state investing? How did you go about the process outside of an agent in that area? Did you make the offers through them or try to contact ...
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Hey everyone!Our property management company is growing every day and our turnkey clients LOVE us. We're always trying to improve, though, so I'm wondering:1. What are some stresses and issues you've had with your pro...
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Hello BP!. My first Post, looking for some guidance and advice. I have 5 STR listings that i help manage for a friend and was wondering what are some tricks for getting bookings on the off seasons and best way to pri...
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Hi all,
In my quest to streamline efficiencies for rehabs I defaulted to my normal way of managing projects- namely using Microsoft Project or Excel. In thinking of all of the dependencies that go into a reh...