House bought in 2009 with $115,000 left on 30 year note.

Pmts w/o Taxes&Ins = 705.11 @ 5.8%

Property taxes paid separately @ $3360/yr

Rent estimates at $1300/month

Ins pmts about $200/mo...

I currently have one property rented out, I own and manage it under one LLC (I am the only partner). My question relates how to properly pay for and deduct business expenses across multiple entities. Especially if the...

My first post! thank you BP. I was planning on buying a house next year with my savings until I found BP and other RE channels. Performing Asset vs Liability.1. I am 35 from nyc have about 200k in cash savings, making...

I inherited tenants from my first purchase and their leases will expire in a few months. I've sent them notices of rent increase for when their leases expire and requests to sign into new leases. I'm wondering, if the...

Hi Team!

I recently purchased 3 buildings(43207 & 43206).I have a tenant who is not responsive at all and refuses to sign the lease. I spoke with my lawyer and drafted a 30 day notice.
After the notice is give...

Having a bank account should be a necessity for a renter you may approve. If a renter says they do not have a bank account and will only pay everything with cash, this request could be a big red flag for them performi...

Disclosure: I represent Affinity Loss Prevention Services, the chosen loss prevention partner of NREIG/AGMThis question and a few items came up in another thread and warranted further discussion.@Gautam Venkatesan @Da...

Hello,I was living in a three family home in NJ for just a year. Prior to me moving in, two tenants were terminating their lease and moving out early. This was my first apartment so I didn’t think nothing of it. I am ...

Good idea? Where would you handle most expenses? Divide them out or under one specific Llc example.. Gas to drive to the property and lawn equipment to maintain the property along with other home office expenses.

hi,Im very new to rental properties and thanks to Brandon Turner and his books i wil be in the game for the long run.My issue is the following; I just found out my tenants have an extra dog and person living in the ap...