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I have an opportunity that I would like a second set of experienced eyes to look at with me.I am following up on past leads that I did not close.I have learned more since my first meeting with them and think I can sol...
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To protect my personal assets, is it better to form an LLC for each individual investment property I purchase, or to just get an umbrella policy?
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Hello,
I'm looking to just gauge an average monthly rate that landlords pay for property insurance on their rentals. Really just looking for a ball park figure. $1000 a year? $2000?
Also, anyone know what they base ...
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Hey guys, I’m kinda stuck. I am 20 years old and can become a realtor in either Bergen County, NJ or Scranton, PA. I have a massive pros and cons list but it basically split down the middle with how high the cost of l...
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Hello all,We recently purchased and rented out a town-home, and discovered that after the tenant had moved in, signed lease - that although we had cleaned the place (basic carpet, windows, walls, counters etc.) we did...
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Hello everyone. I am a relative newbie to BP.com and have been reading a lot on how to identify and analyze a good deal for rental real estate properties. My question has to do with how those of you more seasoned in ...
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Hi All,I've been reading various articles regarding renting but wanted to ask from experience what people think regarding buying rental property in a medium/low vs medium income location? Say for instance if you had t...
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Hello everyone, So, I have found a house worth pursuing. B- neighborhood. C multi-family. Cash flows very nicely. The draw back is that the owner currently pays for all utilities (electric, gas, heat, water, etc). N...
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Hello all,I'm currently a buy and hold REI in the Syracuse, NY area. In an effort to shore up my savings, I was planning on wholesaling off market properties in the Queens area. If anyone is wholesaling in NYC, could...
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Hi, for those here who own rental properties 1-4 unit residential, Are we able to use bonus depreciation when filing taxes on these assets? I was told that you are only able to depreciate These assets with their norma...