Neil Narayan
NY and CA are the land of the flee, and Texas is the destination
State government policies like income and business taxes are influencing some people’s decision on where to live and work. Even before the pandemic, less burdensome taxes in Texas drew huge tech companies like Tesla, ...
Joshua Dorkin
Why Investors Should Consider Forming an LLC
I just read a very good blog article of relevance to the discussion about LLCs. Take a few minutes and check out:
Why You Should Consider Forming an LLC for Real Estate Investing
Thanks to Will for the article.
An...
Lorraine Pennington
Witholding Security Deposit due to Cigarette Smoking Damage?
Hi Everyone! I've got a situation that I believe I'm in the Right, however just got off the phone with the tenant and his anger and frustration has got me thinking twice. This is the deal. I bought the property 2 year...
Thomas Morgan
PM Software: Buildium or Rent Manager
So, I narrowed down all of the property management software options from both the BP software list (thanks BP!) and a long CCIM forum list to my final two choices: Buildium and Rent Manager.
I manage an LLC ...
Greg P.
Hiring Carpenter and his brother with no insurance or business
Hello, I would like to know if anyone in their right mind would hire someone who knows what they are doing, but has no insurance or a business name. He does work on the side and has his brother and side helper to get...
Dale Miller
Are Landlords waiting to start evictions
How are the tenants making rent these days and does anyone have to start the evicting process soon or started already?
That has to be a difficult situation and a pain?
Donald MacMillan
First Deal! Now how do I raise the rents?
Hey there Bigger Pockets community. I am in the final stages of closing on my first deal. It is two duplexes on one lot. The lot can be subdivided, which is my plan to add value to the properties as they could then be...
Jason S.
FHFA Bulk REO Rental Program Impact
Though I had thought I had seen already discussed I could not find the thread. Is anyone thinking about the impact of the FHFA/Fannie/Freddie plans to sell Bulk REO to be used as rentals?
How about the depression of ...
Paul Brown
What would you do if you already had 100+ lower skilled workers
I know this is a strange post but I am looking for advice/guidance. I own a moving company in the Chicago area and have ~100 employees (full+part time). We are very seasonal and even during a month busy only at certai...
Michael Plaks
EXPLAINED: IRS audit "insurance" - no more fear of an audit?
This is a follow-up to my recent post about IRA audit myths. In this long sequel, I will discuss hiring audit and "IRS audit insurance."
1. DIY IRS audits.
Can you defend yourself against an IRS audit without hired ...