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Do you hire someone to clean your properties and then bill the tenant or do you write if off as an expense? My state says property must be left in "broom clean" condition which does not equate to clean. I sent a list ...
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What should someone generally expect to pay for tax preparation? I currently work a W2 job and have 5-6 rentals in my personal name out of state. Looking at Federal plus 2 state tax returns and associated real estat...
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Hi All,
I am interested in investing in rental properties. I’ve been doing a lot of research and I think the best way for me to get started is by house-hacking a multi-family home. Ideally, this would be done around ...
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My grandmother is putting her home on the market, very desirable neighborhood and a rapidly growing & family friendly city within 1 hour of Minneapolis (Rochester, MN). I've been reading about BRRRR and am thinkin...
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Hi all ,
Just curious for those who already own a rental for 30 years plus , I undestand when you sale it will be a huge tax bill to pay. What do you do after owning the property for 30 years? Still renting it out ...
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Hey BP, I feel I'm starting to get to the point where I need to seriously consider scaling and how to go about that? I am of course incredibly uncomfortable giving up control like I'm sure many others are, BUT I hear ...
Hi all,
My wife and I have been investing for a few years now. We are up to 17 units (8 properties) and are trying to decide if we should continue to buy more duplex/triplexes. We are buying and holding so that the c...
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In Northern California San Francisco Bay Area, the market seems to be going up despite a record run up and COVID. This doesn’t make any sense to me. Should I invest now or wait for the market to drop.
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Hello, I'm considering buying a house in Ohio that has gone pending twice and is back on the market. My realtor found out that the well is not working. We know that it needs a pressure tank, tank tee, switch and misce...
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When I think about buying land, the first thing that comes to mind is finding land somewhere that developers will eventually be interested in. I figure you go and get land somewhere on the highway where a gas stati...