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Screening tenants is an important step in the property management process. By thoroughly vetting potential tenants, you can ensure that you choose reliable, responsible renters who will pay their rent on time and ta...
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Is it ok to you your own name to wholesale your first deal? And then set up a LLC with the funds. Is there any pros and cons to this?
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I recently evicted a tenant who had never lived in my property. He had signed the lease as a favor for his sister in law (a professional tenant). I could go on and on about this tenancy, but that is not the reason f...
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Looking for a feedback from tax experts on the following scenario:A client is a self-employed (has an LLC taxed as S-corporation). Pays himself reasonable salary of 35% of the business's net profit. Pays health insura...
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I have a vacant unit and I'm hesitate on getting it occupied during the eviction moratorium. Anyone doing anything different with screening? It's unfortunate some individuals take advantage of the system.
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I am currently going through several applications for a unit I have available and was hoping to get some advice on what you ask prior landlords and PM companies when screening a potential tenant.
The main problem is ...
Hi Everybody,I have 188k in a 401K from a previous employer and I want to access this money for real estate investing and of course without penalties or extra taxes. I have read a lot about using a solo 401K. Is this ...
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Hello all, I am out of country investor. Interested in a duplexes in area code 75248. Want to know more about this area like the class of the area? any big company around? war zone? conveniently located? vacancy? Or ...
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Hi BiggerPockets,I have read the book advanced tax strategies and want to take advantage of the Self directed Solo 401(K) I have a few question and was hoping the community could help me out.Currently I have a W2 job,...
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I am currently deployed out of the country and have been working diligently to find my first investment property (I had already planed to utilize deployment money for this very moment). I found an area, and propertie...