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Any one management remote properties without using property managers?I'm a husband and wife team that managements local properties. We are venturing out further and curious if anyone have a good successful process fo...
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BP,
Lots of ambiguous info out there regarding these tax matters (to be expected). If I have 6 rental properties, all under a single-member LLC, is it worth exploring the option of listing income on schedule C and t...
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when analyzing deals I am using 10, 5, 10 and 12 percent for repairs, cap ex, property management and vacancy rate respectively. These are conservatively high in my area just so I know we can “hit the mark”.Question:...
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Request legal advice. We are small time investors with a property in SE North Carolina and my tenant had her LCSW provide medical paperwork requiring an emotional support animal (ESA). As we are in compliance with fai...
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Hey BP,
So we're planning to relocate to Austin, TX right before our daughter starts school in a couple of years. We are currently placing offers on homes in the area and should complete our purchase before the end ...
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***Please disregard if you do not do business in CA***
Came across this post the other day and thought the BP community could benefit. For all you bird dogs and real estate consultants out there who are not principal...
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I Talked to very many people, investors, lawyers and other fellow landlords.Some say a LLC is a must and other says its a complete waste of money and a umbrella policy for 1 or 2 million is the way to go including a f...
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I have a partner here in the state of WA with me, and we want to flip houses remotely in other states. Although I already have an LLC that I do flips with here locally, my partner and I want to create a new one for t...
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hello BP,
For those who've owned rental property outright...here's a scenario:
Single family 3 BR currently rented for $1150 per month.
Purchased cash for $50k + $12k to fix it up. With settlement...
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I have 5 years of experience with REO investment and have done well. Most of my cash is exhausted and I have just some left. Recently I was approached by two investors who were following my success for last few years ...