Hey everyone. I am slowly but surely starting my journey into long term buy and hold rentals for cash flow. I am going to partner on this with my father. We have both agreed to terms verbally and have full faith an...
I am very new to the industry, to the point that I think I should start an LLC as a holding company. The local title company says I should talk to an attorney first, but I'm wondering if this is necessary. Can I go st...
What do you recommend for short term savings? I’ve been a bit timid with purchasing my first investment property. Analysis paralysis makes me hesitant at this time with interest rates what they are and anticipating a ...
curious what people do when they still have a loan and only a SFH. llc or no llcAbout to close on my first rental property single family home, purchased in my name. I plan to get umbrella insurance policy to protect a...
Hello all!I have one rental so far, and each month, I set aside 1/12th of the gross rent for future vacancies. Since my property has been rented for two years now, I have enough money in the vacancy fund to pay mysel...
New investor here. I own one duplex and I'm living in one of the units. My goal is to buy at least one 2-4 unit property every year for the foreseeable future. My question is about financing. When I was getting the lo...
The lender I am currently working with for an out-of-state investment property has told me they have just recently started accepting crypto but only if the following guidelines are met:
1. For the proceeds from a bi...
In particular- how was the process when the tenant moved out and there were charges reported against the Security Deposit? Did Obligo pay quickly, etc.?Other feedback appreciated also.
I just bought my first rental house, and I am not sure how to account for expenses for first year accounting. I understand how expenses are calculated for 2nd year. I have been researching and have read mixed result...
Hi BP Family,Couple questions to get my head wrapped straight.1. I intend to purchase a property using an LLC so I would have to collect funds and put them into that LLC.2. I have funds from real estate activities/re...