I am planning to buy a fixer upper and make it a B & B. I'm torn about using a general contractor vs. doing the general contracting myself.CONs of Hiring a General Contractor:1. They are reputed to suck big time ...
I have an SFH and a duplex as rentals, both with mortgages in my name. I want to protect myself and my family from lawsuits and was told by a friend to start an LLC and transfer the properties into that LLC. Since I h...
It was slow in February and March finding a tenant for another rental, though I ended up with 5 qualified applicants and filled it before I had any vacancy. Now I have another house vacant for 3 months and almost no ...
So I went to my accountant to ask how I would be taxed when I finish my first flip and he went off on a tangent and is telling me I should be licensed to flip houses. So that brings me to my questions...
How many of ...
Hey Guys,After researching real estate for a few years now I finally I bought my first home. Its going to work great because I am going to use it as a vacation rental while I work away from home and use it the rest of...
Since some of you are, unfortunately, looking for a new one, what would an Ideal PM provide to you in terms of services, information, reports, etc. and what do YOU feel would be a proper fee structure? Now, be realist...
I have a primary residence and am looking to purchase my 1st investment property pretty soon. When trying to get financed using a conventional loan how does the debt to income ratio work when purchasing additional pro...
I'm a newbie REInvestor in Dallas, TX, but today i'm having some issues with my landlord, and i wanted to reach out to the BP community for some advice. I'll try to give as much detail as possible, but if it doesn't m...
Advice: Recently found out that hard way that to get sewer lines and water lines can be a really big expense for a new construction, even if the lines run up to the lot. Is there any way to analyse this issue before c...
Hello All,
I am closing on my first rental property this week and am extremely excited to get started. I am trying to prepare as best as I can before closing to get everything setup as needed. Once the property is mi...