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Tenant Screening - Now more important than ever! This has always been the a crucial part of the rental process, but now landlords and Property Managers should be even more meticulous because the CDC Moratorium has bee...
Hi,Recently I had to break my apartment lease due to personal reasons. I had given 30-day notice that was acknowledged by landlord and luckily they were able to re-rent the unit RIGHT AWAY. However, recently I receive...
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I’m just starting out and wondering if I can put the property I’m interested in buying into an LLC. Its a multifamily apartment with 3 doors, and I would have to take out a mortgage after putting down 20%. The reason ...
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I'm building my real estate investing team and recently enlisted the help of a real estate attorney to create a trust and start an llc. I was surprised when the quote to create the LLC was around $1050 (including fil...
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Hey y'all! I am looking at a PNL report for an apartment complex, and I am confused about a couple things. These might seem like dumb questions, but hey, I'm brand new to this! 1. What is the depreciation expense?...
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So I purchased my second property (first is live in flip that I'm gearing up to flip this year since 2yrs is up) back in mid-November with hopes of renting it out. Now that I've been rehabbing this property and gettin...
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Hello BP Community! Newbie here looking for some advice and guidance for a first-time homeowner!The WHY: I'm hoping for this to be the foundational starting point for myself to escape the rat race along this journey a...
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I'm a rookie, so please be kind!
I have a medium term rental ( 3 month minimum as required by my HOA) I'm right next to a Level I and Level II hospital and I have my first pair of traveling nurses moving in at the en...
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Hello everyone! I am moving out of state and would like to rent out my house rather than sell it. I am wondering if I should create an LLC for this rental (this would be my first rental property). If I open an LLC for...
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I'm wondering which makes most sense. I can buy a 2-4 unit for myself to live in one unit and rent out the rest in San Diego County. OR. I can go to another part of the country and use the same amount of money and b...