Help for my sister: She has a 5 bedroom home with two bedrooms and a full bath in the basement that is fully furnished. She would like to rent out one of the basement rooms but does not know where to start. Does anyon...
Hi, I am a real estate professional. Can I use my rental income to fund a solo 401k since I'm managing all of my properties? My rentals are held under LLCs.Thanks!
My wife and I are looking to buy a primary residence in Austin, Texas (3/2 starter, ~1200-1500 sf). We'd like to house hack without giving up too much privacy (i.e., don't want to share our personal unit but okay with...
Hello BP World.I currently have a Bachelors degree and a MBA so I understand basic accounting ( although sometimes I have to google a few things as I am a little rusty lol) but I need some help on Quickbooks.At this p...
I alerted the closing attorney and the real estate agent that I would not participate in closing due to some issues with my divorce from the co-owner/spouse. Since then, the closing attorney and the real estate agent...
Hi,
I recently purchased a 5 unit multi-family home in Massachusetts that is heated by one, very outdated, boiler. To separate utilities, I had the option to go electric (costly for tenants), put in 5 furnaces, use a...
I have a tenant whose gas oven isn't working. The top burners work but the oven doesn't. How do you usually handle these issues?I plan to go get a first hand look at the issue and see if there is gas getting through t...
Hope everyone is well. Currently I am selling my condo in Toronto and will have some money to invest. I've always found the US Market to be promising with all the tax benefits and cash flowing properties. My Questions...
What was the first you did when you started investing in real estate? Mine was to start an LLC. My training and experience as an attorney told me that protection against liabilities is a very high priority. Seven ye...
Looking to turn a 24'x30' garage into a 720 sf 1bd/1ba apartment and seeking input on construction concerns and ideas of interest I need to take into consideration when costing out this conversion. Located 30 mins no...