Ok, so my parents just bought their first rental property and they just want me to take care of the management of the 3 units. They are held under an LLC that I am not a part of. Would it be illegal for me to manage t...

Hello BP Members, My name is Chris Torres and I been studying real estate for quite some time I been looking into mutli- family and duplexes but not sure if having my first property in NJ is a good idea(Since people s...

If you do some maintenances on your rental property, such as fixing a clogged toilet, replacing a broken door, etc., can you count your own labor as expenses?

Thanks

INVESTORS BEWARE!!!
The first and last 60/40 JV deal I closed with this company (see below) settled on 10/28, Monday morning. It's now Friday evening, 11/1, and I still haven't received my money. An amount sent via ...

I am getting close to purchasing my first SFH to begin my buy and hold investment strategy. My financing is in place and I have spent many months learning about different rental areas and analyzing the most probable ...

My property management still has not deposited the rent into my account that they received on October 1st.Every month I have to call them and ask to deposit it into my account.I know the tenant is paying on time becau...

Hello All,I am currently under contract on a 6 Unit property that has a live in "Building Super" on premise.  The sellers told us that he performs various tasks and does minor repairs around the property, as well as a...

Hey Everyone! I'm a new out of state real estate investor looking to purchase my first real estate rental property in the suburbs of Chicago. I have a few questions on managing and operating the rental from out of sta...

Hello BP,I am currently working as a Commercial Realtor with Keller Williams in the Tampa / Sarasota area. I eventually plan to own my own STRs and LTRs, but for now I am building capital and gaining as much knowledge...

Looking at a 14 unit building and they presently have a Resident Manager and a property manager.  The property management company pays the Resident Manager to vacuum the halls along with general clean up of the proper...