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We are looking to build a portfolio but don't quite have the resources to pay cash and/or finance another property this close to our last deal. Is seller financing a good idea to pick up a foreclosure in a location w...
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Hi! So, my husband and I are self-employed and bought a home to live in in September 2014 at almost the max we were allowed to purchase, according to what our tax returns say. We make more than what it says on paper a...
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PMs - How do you keep up with the whirlwind of bookkeeping involved with vacation rentals? I've tried different vacation rental softwares that feature "integrated accounting" without much luck. For years I've used s...
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ive had some issues with a tenant smoking in one of my rental houses. Ive been soft on them because this happens to be my gfs house and ive basically hidden the issue from her so she doesnt flip a gasket, (i told he...
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I live in Texas and have one rental property in KS. I'm looking to acquire another rental property in TX, and I'd like to establish an LLC to benefit from the liability protection. What do I need to know about a TX LL...
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Hello! I have been using excel for my accounting for 6 years. However with 38 units across 14 properties its becoming an issue. I do use Buildium to do applications, background checks, rent collection, tracking ect. B...
I am hoping to get some input on the community as to how to best handle this issue:Last week a gun was fired in a tenant's apartment, it passed through his unit and went into another unit. Luckily nobody was hurt. I...
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There are so many challenges when trying to achieve something as difficult as starting your own real estate business and making it successful I often find myself seeking some help/guidance on an on-going basis.
I oft...
Looking for advice on the following situation:Unit was rented out to a couple - let's call them Bob and Alice. Both Bob and Alice are listed as tenants on the lease - but financials are mostly provided by Bob.2 months...
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hello BP first off i want to introduce myself. my name is rito altamirano I'm 23 from las vegas and i decided this is what i want to do with my life i just don't know where to start or who to turn to!! I've always wan...