My lawyer recommended talking to a CPA about my rental properties. I've never used one before (I've done the itemized deductions by myself once--last year, with Turbo Tax--for my rentals).
Do you typically have the ...
I have seen several conversations lately which have had some form of Due On Sale or Alienation Clause concept in them. As such I want to address the topic and provide a little opinion as well.
First let's start wi...
I own several rental properties all single family homes and considering another. However, I want to expand my real estate experience by trying a flip. My strategy is to purchase a foreclosure at our County Court Hou...
One of the many calls that I had today. I am using Michael Quarles advice about getting the seller to give me their minimum. I have had success and failure with this. Here is the part of a phone call that I had tod...
This is going to be long, hope it makes sense. 9.5 years ago 6 investors got together and purchased a 42 door condo complex. 3m cash was put it and a 3m loan was taken out. Rents have paid down the loan and it will be...
Hi everyone I need some help and your opinion on this. Please educate me and leave any suggestion or comment for me. if you think any section or step is useless please tell me. and if you think I need more detail in a...
I received a question about profitabilty of being a PM. I thought about it. I've had PMs at times 10% of rents. I'm thinking around here average rents are probably $500, that's $50 bucks plus first months rent.
$110...
I am trying to find info on property management companies in the Gatlinburg/Pigeon Forge area. Does anyone here use a management company in that area? Could you tell me who you use and why or why not you would recomme...
Good afternoon!First off, I want to say thank you for reading this and spending your precious time helping me out. I'll start by laying it all out there.As most of us here at bigger pockets the idea of working until 6...
Hello good people of BP! I'm currently a armchair Crowdfunding RE investor and have been researching turnkey investments for passive income and wealth building. I have had pretty good #s ( 8% cash on cash) on aver...