Debbie Bone
Buy as LLC or individual ?
I have two lots under contract under my name, containing 2 vacation rentals with potential for 5 more, or 15 unit motel. I want to develop the properties and hold. Should I close under my name and quit claim into an L...
Jeanette Gadut
Should rehab property be kept as buy and hold or flipped?
Staring at a property on auction. After rehabbing the property, it wouldn't cash flow as a buy and hold, but would have immediate equity and continued growth because it's in a desirable neighborhood. Would you keep it...
Ikenna Okoye
Move out costs and charges
Hi all,I have a question, specifically to those in Washington state. To set up my question, I lived in an apartment in WA state and moved out with cleaning fees deducted from my refundable deposit earlier this year. T...
Berkley Bossard
Feedback on Bookkeepers
Has anyone taken Robert Kiyosaki's advice on hiring a bookkeeper early on? If so, do you think it has made a substantial difference in your growth?
Derek Smith
first time REI
My friends and I have recently talked about going in together on a 4-plex. There are 4 of us, so it would be a purchase in which we all live in each of the units. I have two questions:
1. Has anyone else gone...
Bill Robinson
Reducing AGI
All,
I've been reading, which tends to be dangerous for me, and thought it was possible to reduce your AGI by contributing to a Keogh or SIMPLE retirement plan. I asked my accountant about this and he responded that...
Sam Crochet
Short Term Rental on Lake Oconee (Georgia)?
Hi Everyone! My siblings and I are interested in buying a lake house for family use, but would like to rent it out on Airbnb on the weeks we’re not using jt (probably 75% of the time at least). Does anyone have experi...
Al Caan
Building insurance expensed
So my management company added building insurance deductions to the statement, but I already paid this up front for 12 months with the insurance company. So does anyone know why is she charging me this?
Quan Chau
Thoughts about Renting to Parents
Hello BP Community,
Has anyone has any experience with renting to their parents? I bought the property from my parents in 2018 since they didn't want the property under their name anymore and want a lower monthly pay...
Robert Campbell
Long term plan while new properties decrease my net DTI..
Looking into the future and putting together a plan I’m seeing an issue with my DTI ratio. Currently I have about $170,000 in real estate debt, and $70,000 income. So effectively about 40%. If I purchase an $80,000...