Ryan Christopher
Cost to Start an LLC
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...
Thomas Oakes
PNL report for apartment complex
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?...
Courtney Fricke
Should I flip or buy and hold this property??
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...
Oscar Zhang
First Property Purchase (Long Term Advice)
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...
Jenny Milu
Renters Insurance for 3 to 9 month rentals?
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...
Tristan Desforges
Moving, want to rent my house out - LLC or no?
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...
Donald Hlava
Hotel to MF Conversion
I have a closed 18 unit hotel in my community and am interested in analyzing the feasibility of converting it into one bed room apts. Has anyone been involved in a conversion or know someone that has? General cost per...
Brandon Fredricks
Financing My Second Rental Property
Hi all, First time poster, long time reader. I'm interested in purchasing a second rental property, and looking for input/advice on how to finance it. Here's my situation...I currently own a single family rental prope...
Account Closed
Evict vs collections?
Hi everyone! We have two properties in IN. In one property, the tenant wasn’t paying rent and upon inspection by the PM, the property had significant damage, so we asked them to move out and their account was put int...
Justin R.
Convert from QuickBooks to Stessa?
Now that Stessa has gotten a bit more established I am looking into its capabilities and qualities.Has anyone left QuickBooks and gone with Stessa?I personally feel QuickBooks is just too much for an investor like mys...