Hudson Doyle
Unexpected Paper Profit Tax Liability
I bought a 2 family the end of 2012 and have now completed my first year as a landlord. My accountant recently provided me with my Schedule E tax return for 2013 and I was surprised to see that my taxable income i...
Lala Weiss
Running the numbers as a newbie, Cap ex, COC, NOI oh my!
HI BP Community. I've been following the forums for some time now and I would love some clarity about how investors are 'running the numbers'. Numbers have never been a strong point for me and I would like to improve ...
Mark Updegraff
Investor Payroll, who's in your wallet?
I thought it would be nice to hear from other investors about how their payroll came to be, and what positions are on it.
If you could rank your employees in order of importance and put a brief description of their d...
Robin J.
First rental investment in a "rougher" neighborhood in Oakland
Hi all,New Oakland investor here and was hoping to get some advice/thoughts from experienced multifamily experts in the Oakland area. I've been looking to house-hack my first investment, as a means of utilizing max le...
Nick Pittari
Lifestyles Unlimited
Hello all,
I am located here in Dallas, Texas and attended a free introductory seminar from Lifestyles Unlimited REIA last night. I enjoyed listening to what they had to say and the speaker was very informative.
I ...
Javier Bustos
Property management companies. Pros and Cons
Hey everyone,Getting started in REI here. Haven't bought anything yet, still doing research. Can anyone give me the story on management companies? Should I use one or not? How do they make a profit from my (future)hou...
David P.
In escrow for property-Should seller or buyer pay cash for keys
Hi Guys,
Currently in escrow for a tenants occupied duplex in Los Angeles. We already got the tenants to agree to cash for keys to move out. They agreed to accept $2500 each (1 months rent) upon move out Oct 2020. ...
Thomas Corso
Duplex with small cash flow advice
duplex for 400k price, profit will be $3250 a month, cost $3100 a month. Is $150 cash flow worth it in anyone’s opinion?
Natalie Kolodij
Tell me about a time when your LLC saved you...
We always hear about needing LLCs, Several LLCs, Heck- put every property in an LLC. I've never seen the flip side of that. I want to hear stories of when your LLC actually protected you and how?
Michinori Kaneko
what's your property management fee?
Hi All, I'm curious what kind of property management fees everyone is getting. can you let me know 1) where you invest, 2) how many properties you have (and approximate combined gross rent if possible), 3) what your m...