Newbie here. Im fascinated with the depreciation aspect of real estate and I have a question.Lets say I own a few different non-real estate related businesses. And my earned income from those businesses equals about $...

First time landlords here. We are just beginning the tenant screening process. What are some key questions to ask tenant references? Categories include: personal references, employers, and landlords?Also welcoming any...

Recently I´ve read two books that I think are a "must", The E-Myth (Michael borger) and The MIillionaire Real Estate Agent (Gary Keller). Specially for us the new ones, I think they can both help you to start your bus...

I'm looking to buy a turnkey property soon. I've looked into a couple so far and see that their property management charges a lot for lease renewals ($175-250). They also keep the late fees if a tenant is late on rent...

HelloI could use some help.  I own a home that has 2 liens on it.  I filed bankruptcy but this house is still in my name.  Between the 2 loans there is more owed than it's worth.  I attempted to get the 2 mortgage hol...

I'm having foam sprayed into a section of a rehab this morning. It's in an attic that was converted into two bedrooms. I don't have a lot of experience with spray-foam; this is my first time to personally use it.
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Hi BP!I thought it would be a cool idea if everyone shared their best tip for managing their rental property.  I'll start if off.My best property management tip is charging a 5% late fee when a tenant fails to make th...

I'm helping a friend start to get her books in order.  I have some experience with Quickbooks Online, but not for RE.  Has anyone purchased a course by Gita Faust at FastTrack Consulting called "Flip with Quickbooks O...

We have fortunately had an opportunity to purchase multiple homes off market that we plan on flipping. We have multiple investors for each project. Our initial plan was to create an LLC for each project, open a chase ...

Hi All,I have been mulling the idea of hiring a contractor or doing the renos/remodels on my own. I am currently thinking of doing basic work such as floors, cabinets, tiling, and bathrooms so projects I believe I can...