Hello, I have been reading some similar posts as mine, but most are several years old. I apologize if redundant, but I wanted to get some updated opinions about this. I'm planning on purchasing a condo as a rental pro...
Hey all,
I have an offer accepted for a two-family property that I plan on utilizing as a rental. The property illicit great numbers (ROI, cash flow, sale price, etc.) Just before signing my contract, however, the se...
Hi BP!When it comes to turn-key investing, I'm aware it's generally frowned upon, because it eats up so much of ones potential income.That being said, I'm currently in a position where I have very little free-time, un...
Hi BP nation.
I only have 1 property and I am relatively new to landlording. My tenants have sent checks on time every month. Usually arriving no later than the 28th each month.
It's the 2nd and the mail man just ca...
Today was my worst day ever landlording. I evicted a 86 year-old lady and her 50-something unemployed daughter. I purchased the property back at the end of May. Right after closing I gave the lady the option of paying...
I'm starting to really expand my portolio with a lot of houses. As it grows I'm also creating more LLCs. Isn't this going to get overwhelming to have in my wallet a Credit Card, and Home Depot Card for every property?...
I'm sure everyone has some knowledge to bring to the table but might not know everything about saving money on your taxes so this thread is here to help make a collective list of ways to save money on your tax returns...
Hello fellow investors,In 2016 I got audited by the IRS, and it got started due to my real estate investing activities. This was a full-blown FIELD AUDIT, where they went through everything of mine. I have lots of bus...
You could say that Real Estate is in both my husband and my DNA yet in two different ways;Growing up my parents not only built their own home (including falling the trees and milling the lumber themselves) but also fl...
Hey everyone!
I was hoping to share some exciting news about our new rental home, but that’ll have to wait. I have a quick question for you all: Should you disclose a locked thermostat to guests? If you’re curious ab...