Jeremy Marek
In what order do you implement your tenant screening?
I am wondering in what order do you screen your tenants?My general thoughts are this: 1.) Get my ads out on CL, doorstep, etc.. 2.) Organize and Host an open house. 3.) Collect applications from those who attend the o...
Bryan Hancock
Would You Trade Your Real Estate Tax Deductions For a Simpler Tax Code?
I am consistently baffled by the complexity of the tax code in the U.S.
What percentage of the tax "savings" that you realize each year go to pay for overhead associated with preparing returns, planning, advice, etc...
Chan K.
Buying - Multifamily - Rental Transfer
Hi BPer,I am in the process of closing a 6-Unit multifamily. I would like to seek your opinion on the following scenario:The seller won't share any tenant information with me, except the name of each tenant for all 6-...
Timothy VanWingerden
Operating expense or capital improvement?
I am working with an accountant as I prepare returns for the first year of owning real estate. I read Brandon Hall’s article from a while back talking about the tax myth’s for real estate investing. One was the follow...
Ken Rishel
A Must Read by Frank Rolfe
ST. LOUIS, Jan. 6, 2016 /PRNewswire-USNewswire/ -- The following is a statement by Frank Rolfe:The PBS News Hour recently ran a segment titled "Bad Bargain? Manufactured Homeowners Feel the Financial Strain", as a par...
Luke Perrin
Does filing one tax return for multiple LLCs negate asset protection?
My wife and I own 2 rental properties in Colorado that we are working on getting into LLCs for asset protection purposes. I also have a single member LLC for work. We have a Wyoming LLC owned 50/50 between the two of ...
Nick Sansivero
Small multifamily property management in Northern NJ?
I'm closing on a duplex in a couple weeks and I'm considering using a property manager vs. self-managing. I was wondering if anyone could provide a recommendation for a reputable property management company in Norther...
Stuart Udis
What is an “investor friendly” lender?
I observe the term “investor friendly” lender used regularly in these forums either by posters seeking financing or in the manner in which lenders market themselves. In many cases the forum inquiries or forum promotio...
Terry N.
What to put in rental ad as first wave of tenant screening?
Can anyone point me to a thread or comment on what they put in a rental ad that would increase the odds of getting quality tenants for a single family home? Thanks!
Jennifer Hudgins
Property Managers BS fees
I seem to be spending lots more than I want to on my properties since I starting using a property manager. Anyone else have this problem?