My partner and I are seeking out a creative way to offer a 3rd partner we are trying to bring on board for these 2 rentals. We need to come up with about $20k total for closing cost and down payment combined to get in...

Hi All,My CPA is questioning whether a Management Fee that I am claiming deduction on is appropriate if I am not acquiring these services from someone else.  IE, I'm setting aside 10% of total rent as a management fee...

I have found a 5 unit apartment building I would like to purchase.  I owne a real estate company and a management company and own several of my own single family homes.  This is my first attempt at a multi-unit.  Plea...

Hey All, I need help I have been running numbers on investment properties over and over and I can not seem to make the number cash flow. Please take a look and tell me what ya think.Built in 1962, central Tucson Az, 3...

Just picked up a Mobile Home in Denver suburb. 2/2 "full-gut" rehab. What should I avoid doing to this mobile home that I typically would do on a common SFH flip?A few thoughts:
It has wall paneling, can/should I rep...

Hi All -

First post. I have been trolling around for awhile, but have an interesting deal in front of me and want to get the communities advice.

My landlord has offered to sell me the building I live i...

What is your experience in doing so for the following areas:- Landlord insurance policy (I learned and confirmed with agents that my name would remain, and we just go ahead and add the LLC into it also) (This will als...

How do you guys budget for repairs and capex expenses when estimating cash flow. I have heard people recommend using a percentage of rent but that method doesn't seem practical to me for a variety of reasons. Are ther...

What accounting software are you using for your Airbnb's?

I'm considering a commercial/residential mixed property in Eastern Suffolk with .09 cap rate. It's in a upper middle class area and the price has dropped by a cool 200k since 2015. It's been on the market forever. I s...