Hi All,I just entered the Houston market with the goal of buying long term rentals. I closed something in Missouri City the other day, and the insurance was $3,000! The home was worth about 145k. Im now underwriting a...
This might be a dumb question, but I am having a difficult time opening a checking account for my self directed IRA.My custodian advised me to set up a bank account with my SDIRA as the Member (owner) and myself as th...
I am 17 and I am obsessed with learning more to become financially free through Multifamily investing. My parents want me to get an MBA but I don't think that I need that to be a successful Multifamily investor. I wan...
Hello all. I have money in mutual funds which have been doing fine, but if the market goes down again so does my money. I always thought buying a rental in San Diego (where I live) was out of reach and then someone to...
I went to cheap way, and formed an LLC (Florida) online without speaking to an attorney first. I know, fools rush in where angels fear to tread.My LLC just acquired 2 condos that need a little rehab. After rehab, the ...
Asking for BP landlord wisdom on handling a tenant argument regarding additional fee/security deposit for a puppy. I’m in GA.
I just approved a puppy at one of my rentals. This is not typical, but there was a reason ...
Hello fellow investors,In 2016 I got audited by the IRS, and it got started due to my real estate investing activities. This was a full-blown FIELD AUDIT, where they went through everything of mine. I have lots of bus...
Just wondering if anyone is utilizing Section 8 on any of their properties and how they feel it is working for them. I understand the pros and cons of taking this route but wanted to hear from someone that has actual...
We bought a new build in 2022, built by a local guy's LLC. We are outside of the standard build warranty, but are continuing to discover MAJOR corners cut, and getting repairs and pre-emptive fixes is costing us lot.W...
Hi, all. I just closed yesterday on my second SFR with inherited tenants who have been there 5 years. As of today, they have not paid rent for the month ( was due on the first). We tried getting the previous managemen...