Hello, all! I was hoping for some guidance. Are PMs required to indicate their repair fees, or do most PMs just inflate repair prices? We had plumbing work done. The estimate provided by the PM was 1k more than the es...
Hi,
I'm not sure where to put this post,
I'm looking for either some advice or a Portland Oregon metro area real estate/financial advisor for seniors for my grandmother.
She currently owns a rental property, and...
I've located a townhouse that fits all of my criteria (bedrooms, baths, price, garage, location, age, and potential cash flow) exempt one... it's a townhouse! I never expected to start off with a townhouse as my firs...
Question. I'm thinking higher daily rent with a lower cleaning fee is best? Say $400/night as an example with $150 cleaning fee which would be the going rate in my area so cleaning fee would essentially be a pass th...
Hi everyone. I am in the process of closing on my first out of state (Tennessee) rental property. (Sept 8 is expected closing date) I have a few questions. I am doing my research on setting up an LLC and one thing I...
If for example I had 5 properties, each one sitting inside its own land trust. I have the beneficiary for all 5 of these properties as one Michigan LLC.My question here is if for example I was facing suit for one prop...
I have been managing my own properties, can I pay myself as a property manager? Set up a different business? Pay my wife?
For those that are interested, see the new IRS Notice 2019-07 that was just released. After a quick skim (page 7), it looks like we finally have our guidance on possibly claiming the 20% QBI deduction on rental income...
Hey BP community,
I am a newbie investor from upstate NY and I came across this 4 Bdrm 1.5 bath SFH for sale in a B neighborhood in the small city of Rome, NY when they were holding an open house last month. These a...
Hello everyone . Next week I have phone appointments with some turnkey companies in Ohio and Memphis. This will be my first investment property and first time talking to the companies. Any suggestions of the types ...