I just created an LLC for my rental property, so this is all new to me. Is there any reason to pay a salary to my spouse? If I pay her, to make this simple let's say $2k a month, she'll pay taxes on that which means...
Has anyone out there ever partnered with a contractor to do a rehab? In this situation, I'm thinking that you buy the property (using whatever means) and the contractor rehabs the property for a percentage of the prof...
Hi I'm a multi family investor looking to move to investing in medical office buildings.
I'm looking at a package of 2 100% leased stand alone medical office buildings that has a terrific cap rate, north of 10%. The...
Our insurance guy is telling us that we should have a requirement in our lease that the renter have renter’s insurance for $500k liability. He said most policies are at $300k, but it’s only an extra $10/yr to bump up...
We just started a new secondary market for rentals... for lack of a better term- SFRABS.
Details here.
Hey folks,
i am considering buying some land in or close to Bryson city NC and building the most low maintenance, durable dwelling on it. Something not too big (a prefab cabin/ maybe a steel cabin - enough room for m...
I have almost completed my first flip. Found information on flat fee MLS listing services. Appears to be a service that is commonly used however I have never heard of it until recently. Does anyone have personal exper...
I am in the process of buying a $170K house. I plan to own it in an LLC. I am quoting insurance companies and for liability coverage, I was wondering if the liability coverage should be approximately the same value of...
Hey BP!So I live in OKC and I am in a conundrum. I want to househack, but I am having three issues. 1) Very few fourplexes are on sale in OKC. I can generally find only 1 to 3 in a 50 mile radius.2) Of those 1 to 3 fo...
Hi BP world! I love real estate!! I have been investing for a little over a year and have two rentals and am currently doing my first flip. I have got 3 quotes on replacing the electric wiring on my 2100 sq ft 4 br 2 ...