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Hi BP!I am under contract for my first rental property. It is a 4 bedroom 3 bath home that has 2 units. The top floor unit is a 3/2 and downstairs is a 1/1. Both units have full kitchens and are rent ready. The total...
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Looking to set up a website for my Realtor business. I'm (sadly) not tech savy, but I would like to be able to manipulate the site rather than paying someone else. Needs to have the ability to have an email capabili...
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Anyone have a recommondation for a good place to form a LLC online? I have been looking at mynewcompany.com They seem to be reasonably priced.
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I searched previous forums but could not find the answer I was looking. Does anyone know of a book or website that shows how to set up quickbooks for a RE investor? Amazon only had a few and the descriptions and rev...
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Hello BPers, wondering what the consensus is out there for categorizing capital vs operating for appliances? Window A/C units? Painting? Refinishing floors? Carpet? I'm leaning to treating it all as expenses.
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The rental I purchased last week had fairly significant security deposits in place, a portion of which was labeled as "non-refundable".
Am I correct to assume that's essentially income?
If so, from a tax perspective...
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I'm trying to figure out the best route going forward regarding accounting software a d tenant/property management software. I'd like to choose the best solution that allows for scalability. So far it's looking like...
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Hello BP, First off, thanks for taking the time to read this. I will be buying my first primary residence in Central New Jersey here in the next few months. I obviously will only buy if it’s a deal that needs so...
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I have been thinking about buying a "tenant only phone" for a while now. Getting texts and calls on my personal phone at all hours is not ideal .
Hello - I recently won a property at a Pennsylvania Sheriff's Sale auction. It was auctioned with a "free and clear" title. There are currently tenants residing there who referred me to their landlord (property owner ...