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I live in the mid-atlantic region. Single family homes are my niche, but I am branching into small multifamily (2-, 3-, 4-plexes) properties. They are different from traditional residential rentals in many ways:- age-...
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Hi Friends!What do you use for bookkeeping, accounting and filing taxes, as you start up? Of course, as you grow, you need a CPA, but for the first 12 months as you start out, what do you use? Do you use an online pro...
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Hello! I've always filed my own taxes and am starting to think this might be the year I need a CPA. In the last year I converted a townhome into a rental and purchased a duplex with a partner. My wife and I also have ...
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Hello BP!I have a question here regarding wither or not I should open LLCs and or a holding company for my upcoming scaling of my rental property portfolio. I have done my reading on Out of State Investing and Section...
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Hi all! Long time listener of Bigger Pockets and this question is HAUNTING me so I jumped on here. First time to post :)I have a small portfolio in small town outside of Lubbock, Texas. When we first started investing...
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I am in the process of acquiring my first investment property(FSBO, no realtors involved). We had the inspection done and we may need to renegotiate the contract based on the inspectors findings(roof & HVAC repai...
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At 19 years old I am thrilled to have the opportunity to buy my first investment property. Being a first time home buyer and owner occupant I was able to put 5% down on a house hack property. This home is in a great n...
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Hi everyone,
One of my tenants recently found a replacement filter for the fridge and wanted me to order more before it expires. It raised a question of whether it’s the tenant responsibility or the landlords to cont...
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Hello!I'm hoping to secure a fix & flip for my next deal and I'm looking out of state (specifically in Oklahoma). This will be my first time managing a renovation out of state so I wanted to find people who have d...
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Curious of what everyone is electing their SFR deductibles to be? My thought was the higher the better to maximize cash flow. I have been keeping them between $9,000 to $10,000, does anyone go higher?