Hey Gang,I just had a renter who's lease was set to end on June 30th, send me an email on May 20 of their intent not to renew. I had my property manager start finding new tenants and he was scheduling showing the pla...
I recently closed on a property that I purchased through an assignment from a wholesaler. I am under contract with a buyers agent and used them to run comps as well as other services on the property. At closing, the w...
Hey everyone! I have purchased my first note, and it is about to be boarded. Once I start getting payments, I am wondering about everyone's strategy for how to track the note within my LLC's quickbooks company file....
Can I deduct the cost of buying air conditioners and fans from rent if my landlord doesn't want to fix our central AC/heat unit?
The 12-month lease started May 2018. The AC/central air does not work. It turns out the...
Hello, what started out as initially looking into self storage facilities moved faster than anticipated and I now have a 100 unit facility with some flex space under contract. Inspection is next week but outside of a...
We are working to rebuild the BiggerPockets forums in order to better serve our members. In doing so, we're hoping to get your suggestions for doing so.
If you have any ideas for features that you'd like to see on t...
My rental will soon be turned over to me, and the tenants name will be off the utilities. Do I need to leave them on in order to sell the place? I get concerned about agents/buyers coming in, turning the AC on to "co...
I found your club through myspace.com. I spent the better part of the day reading through threads and posts of which I found very informative. However, I did not find anything about starting a leasing company or creat...
Say I have this example
Rental Property: $100,000
Loan Amount: $75,000
Loan Rate: 5%
Years: 30 Year Amortized
Monthly Payment amount: $402.62
LTV ratio: 75%
My money is bei...
Hello, I am currently in the Residential business, but thinking about going into Commercial for time being. It makes the most sense with the economies of scale. So, lets say I was able to locate a a decent retail or...