I want to document my agent's and my own activities so I can claim the 20% Pass-Through Tax Deduction (aka Safe Harbor). I know the logs have to be contemporaneous. Wondering how others are doing this?
I have a tenant that I am self-managing. Her rent is $1,350, she has been there for 1.5 years, always on time. We have a good relationship. She was 2 weeks late this month, she was transparent as to what was going on...
Hello investors?Has anyone ever heard of a skiptrace service called TLO. I was referred by a colleague of mine and I wanted some more insight on the program before I decided to hop in it. I will be using the service f...
Good morning BiggerPocketers,I have a degree in construction management and currently a construction Project Manager for a drywall company. I have done projects anywhere from a 42 stories luxury high rise, luxury reta...
In my experience as a property manager, the most common question is “What will it cost?” Though many questions come into play when embarking upon selecting a property manager, this is the foundation of conversations b...
Hi Everyone,What do you do when your contractor asks for a deposit?My partner and I have always done our own rehab. The next project we are working on we can’t do ourselves and are looking to hire a contractor.We’ve ...
What are the risks of hiring a contractor who is not insured?
Hi everyone,
I'm a real estate investor based out of state and I'm currently facing some challenges with my property manager. I would really appreciate any advice or insights from those who have been in a similar sit...
I have a single family rental right now.Vacancy adjusted, I bring in $21,000 a year in rent.My annual expenses are:Property tax: $3200Insurance $900Washing machine $500Plumbing repair $250Irrigation turn on and turn o...
Hello BP! I have been lurking on this site for a couple of years and have enjoyed reading the various posts and listening to the podcasts, along with reading books and researching online. Now that I'm finished with ...