I have the following situation. I have two properties, each in their own LLC. If I have an expense that's only related to one property, say a utility bill, than I can expense it under that LLC. However, sometimes I ha...
My husband and I purchased a multi-family unit a little over a year ago which we live in on the 2nd and 3rd floor and we rent out the 1st floor. Our first tenant was already living in the 1st floor apartment when we b...
Ok, so I know that there is no way this meets code but I saw this in a possible investment home yesterday and I had to share. Just think, you could take a shower and plug in your hair dryer and then if the breaker ha...
I recently have attempted to use Craigslist to search for leads to BUY. I am in the business of buying, wholesaling and rehabbing homes. I've been emailing 10-15 people a day with the same letter, but changing it for ...
Does anyone have a sample for an introducton letter to inherited tenants?
I don't want to miss important points, so if anyone has an example it would be appreciated.
Hello fellow BP Members,Newbie investor here, gearing up to purchase my first property in Austin, Tx (Round Rock, Pflugerville, Cedar Park area) within the next 4 months. I was interested in any recommendations on sma...
I did a search on MileIQ and didn't see any post here so i will start a post about MileIQ here if anybody is interested.One of my co-worker recommended me the App. I started using it and it is wonderful ever since. it...
Hi there,So I have been looking at the Atlanta area for buying a rental property. I am not into fix and flip for now and would like the purchase an SFH to generate enough cash to cover the mortgage and expenses. I am ...
I've still got a long way to go, but I would love to give up my day job and be full time into real estate. Currently I would need to make $150k a year in real estate to match my near term earning potential at my job (...
I understand the "I'm not an attorney" caveat, but I'm going to be purchasing my first REO to fix and flip with a group of trusted guys. My question is thus: I have numerous contacts with local banks, never discussed ...