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Hi, I am embarking into the house flipping business in south florida. I personally am an electrician from NYC and am quite efficient in home remodeling in all almost all categories. Not that ill be doing all or most...
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Investors who own commercial property such as apartment buildings how do you pay property taxes? I was reading an article on this link https://www.nolo.com/legal-enc... and it said you complete an income and expense f...
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I currently have one LLC for buying and rehabbing single family homes throughout the US. I am in the process of putting in an offer on an apartment complex that is in a different state then my current residence. I'...
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Started off in computers in 1992 long before anyone knew how to power them on. Had a lucrative career in computer networking from 1998-2003 before I retired and moved into real estate. But I have to admit that I am no...
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Hello everyone. I am new to real estate investment here in the Denver area and working on filling out my team. I am interested in setting up an LLC and wondering if there are any recommendations for good attorneys wit...
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Good morning. Here is my situation.I am a w2 employee. All of our insurance/retirement is tied up w/in my job. My wife does not like her job and is making the leap to open an in home daycare as soon as our new house i...
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This week's Tuesday Tip is for anyone still doing their bookkeeping on a Google Sheet or Excel file. Bookkeeping is an essential function to any real estate investor's business, the reason being is that when done righ...
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I am trying to determine the best path forward for how to deal with rental income (yes I'm late!) and major renovations. It is clear to me it is best to expense it in the year it was spent, but unclear what the CRA wi...
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Hi,I have an opportunity to purchase a few duplexes via seller financing. I am in the process of conversations with the seller and I want to show them some of the benefits of an arrangement like this. My question is c...
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I am looking for software to help me manage my rentals. I have been using QuickBooks online and generating recurring invoices for the rent and receiving payments against that. That's not an ideal approach and as I h...