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If I opened a separate Chase bank account that is strictly for deposits and expenses related to my single investment property, for tax write-off purposes how do I document cash expenditures to a contractor doing repai...
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I am looking for ideas on how you allocate different expenses between different properties. I am property managing my properties and currently have 31 of them, so I'm not getting a cash flow report from a property man...
Would it be best for my first deal to be though a FHA Loan Or with a Conventional Bank Loan? I know with a FHA Loan I would have to live in the property for a certain amount of time, plus the Down payment is lower 3.5...
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Me and my partner have recently set up a LLC and we are looking into options for a joint account to combine our money for our future purchases. What would some of you seasoned REIs to suggest which is the best type of...
Curious to get opinions on insurance coverage for a flip I am working on. It's a single-family house. Total gut to studs and subfloors. When I closed, I bought a Builder's Risk policy for the maximum amount I could lo...
Hi everyone, I am moving to Jacksonville next month as I got my first job out of college there working at Deutsche Bank. I am hoping to purchase my first property in Jacksonville as a house hack but am struggling to f...
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Despite the ongoing decrease in mortgage rates, the real estate market is facing a persistent challenge as housing sales struggle to bounce back. Notably, the average home price has also seen a decline, with hom...
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Hi all - Any suggestions on platforms/systems to collect rent, manage finances, and potentially find tenants? The first two criteria are most important.I will be self managing 2 single family homes within 10 minutes o...
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Straight from Massachusetts law:(3) (a) Any security deposit received by such lessor shall be held in a separate, interest-bearing account in a bank, located within the commonwealth under such terms as will place su...
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Currently have a Wisconsin LLC with 3 MF properties, we are currently selling 1 (but likely all 3) with plans to move the funds to invest in the South. Our CPA advised that it would be best to create a 2nd/new LLC in...