Hi all, I wanted to share my recent experiences with turning our garage studio apartment conversion into a short term rental. We have had great success and so far no real issues. The income has paid for the mortgage f...
I'm looking for a small number of people who own/manage between 2 - 10 rental units and looking for a good Excel spreadsheet to keep track of the income and expense. I would like to share the sheet I'm using and tryin...
Ok, so I got my tax prep bill and I think its way high. For discolsure, my accountant had to file 5 forms:1040 US tax ind return1040-ES Estimated TaxKentucky Ind taxKentucky Est taxKentucky Single member LLC tax retur...
We have a tenant that moved into our old house, and she has been there almost 3 years. She takes good care of the property, has a young family, and seems to like living there. She is currently on a month-to-month le...
Buying an STR Condo in Panama City Beach. The complex itself is managed by Vacasa and they push heavy to be the Property Manger of the unit as well. But, also have a smaller, boutique property manager I've consulted...
HiWhat am I looking for to justify buying in an area and where is the best place to find this info?As Im looking at new territory, for me anyway. Multi-families. And most of what Im looking at are out of my familiar a...
Hey BP world I'm a first time investor and I live in Southern California. I have been actively looking for properties here for about 6 months. I'm not having much luck, don't get me wrong there is plenty of inventory;...
I received a CP2000 notice from IRS and send to my accountant who prepared taxes. The inquiry was resolved with a simple letter to IRS explaining where income (rents) were accountant for in LLC return. The issue was...
I'm thinking of putting in laminate flooring throughout a house I just bought. Currently it has carpet. I have roughly 900 sq ft to do.
My main question is: How hard is this to put in yourself? It's advertised as ea...
Hello,
I generate around $30k a month net with my other companies and am looking to funnel it down into real estate. I really don't know where to start and would love to get an idea of what the next steps are. Below...