I’m hoping to hear how others analyze markets, what tools you use, and sites you gather data from. I just read this blog post https://www.biggerpockets.com/renewsblog/places-invest-real-estate in which 6 markets were ...
Hi BP,I'd love to get this thread started.What are the best practices/ strategies to starting LLCs in the most tax "beneficial" states for their businesses? Why or why not? Great question to accountants .What states a...
Buying out parents?So my father has a small rental unit with a large detached garage at one location and a house that needs work where he currently resides. The problem is that the house he lives in now needs a decent...
Found a good personal finance tip,raise the # of dependants on your income tax to large more dependants than you have is legal to do, and do so,so you do not have ANY refund coming to you per year/so are not giving th...
HI BP fam! Quick questions getting started - 1) Which app or system do you use to manage the details of your properties? Keeping track of details of repairs for a new property rehab, cashflow, vacancies etc....all the...
I'm a new investor. Just closed on my first deal on 11/27/19. The property is two units. I'm renting the first floor and living on the second floor. I was recommended to a CPA who is charging $500 to file my tax retur...
BP,
Wanted to bring to your attention a package of bills introduced to City Council on Thursday addressing Tenants' rights. Three sponsors (of 17 Council members). Some major points in the bill;
Extend the eviction...
Sometime last year I bought my first major project. I am finishing the details but should be done by the end of this month or next depending how things pan out. My question is, normally I am a buy and hold guy, howeve...
I inherited a rental property ( house & 2 bungalows all on same site ) it is free and clear no debts, I own 50% other share is sibling, we have both worked on this property for years together and have no issues m...
Hi all,I have a tenant who is by most accounts pretty good. He is on a month to month lease, single parent working two jobs which I really respect. He has been late on rent one time which we worked through.When he ...