Hi smart flippers,When you have a project going on and your contractor needs constantly buy supplies from HomeDepot, and you cannot accompany him to the store each time, how do you handle the situations? I heard you c...
I had a recent turnover between tenants on my house in Alexandria, VA. My property management company recommended, after the tenants had closed their water company account, that I turn the water back on so 1) prospect...
I have (what I consider) a good chunk of change sitting in a traditional IRA. I'd like to use that money to fund flips (in and out in less than 120 days) and/or use it for transactional funding.
The financial adviso...
Hey everyone, like most people here, I have read Rich Dad Poor Dad several times now and am inspired each time I read it. In there he mentions creating a corporation to significantly save on taxes. He references bei...
Hi,I was almost certain this would have been addressed before but possibly my search skills aren’t great and I couldn’t find straightforward answers.I was wondering what are the different and recommended ways for larg...
I was having a conversation about CPAs and bookkeepers and wanted to get your opinions on the pros and cons of using a CPA and bookkeeper who are the same person or part of the same company, versus a completely differ...
I had to come on here and post because I just can never get over how blatantly people lie about their past and the lengths they go to cover it up. As landlords we HAVE to see the writing on the wall.
When scr...
I'm at an impasse as to structuring our Real Estate Investment Co. Under a TX Series LLC or a standard LLC. I am trying to identify the advantages and disadvantages between the two and I am not adverse to spending mor...
Hi Everyone,
I have been thinking of starting a small property management company in FL and wanted to know of anyone who has successfully done so and give me a checklist of things i need to acquire or do prior to st...
I'm soon to be a landlord for the second time. The first was terrifying as I was leaving the state and trusting my home to a "professional" Property Manager. This time I will be doing it myself. I'm wondering if anyon...