I have searched the forums and blogs on the subject, and it seems to be slightly leaning toward CPA/professional preparation.I have used a professional for the last 10 years and each year, my costs have increased (we ...
Happy New Year!
I am from Houston Metro and have been investing in out of state (OOS, or remote) for about 9 years. I own rental properties in five US states (UT, ID, CA, FL, TX). I started investing in 2012 and inv...
My relative died and left his fairly new home to my mother, and we were wondering whether to Airbnb or rent it out. She is very stubborn and says she’s tired of maintaining and paying the bills every month, she is eag...
I know how I feel about this but I would like to hear from other contractors and investors. As a contractor/investor I get asked often toShare my subs with my fellow investors. This is kinda a grey area for me because...
I'm looking to start investing in properties this year. I find myself leaning towards properties that I can rehab on some level to ultimately gain more equity overall. However, I see a lot of experienced investors b...
I've recently moved from Texas to Ohio and currently working on the paperwork for my first wholesale deal in Dayton, OH. I'm licensed in the state and know that disclosure is absolutely neccessary. With that being sai...
How many of you are aware of your personal balance sheet? While, I don't worry about pennies, I do track my balance sheet.
A personal balance sheet is slightly different than a business balance sheet.
Major Elemen...
Hey everyone,I just recently bought a rehabbed property in KS, MO. my PM just informed me that someone is interested in renting the property. This individual just hit a jackpot and wants to pay the one year rent upfro...
Hi everyone, I am a complete newbie but I have been listening to as many podcasts as I can and I also read "The Book on Rental Property Investing" by Brandon Turner. I found the chapter on planning to be especially us...
I currently have a 1rst floor tenant who has been a reliable payer of the rent for the last 2.5 years. They pay 1050 for a 3 bedroom apartment that currently would rent for around 1450-1500 in the present market. ...