I see a few old'ish (4+years) spreadsheets on BP like J Scott's (https://www.biggerpockets.com/forums/67/topics/51045-basic-rehab-analysis-spreadsheet). Do you use anything that's more updated? The calculators on BP l...
A bill passed the House yesterday that would grant additional relief on top of what the IRS granted immediately after Hurricanes Harvey, Irma, and Maria. As some of you know, immediately after the Hurricanes, the IRS ...
Hey biggerpockets family! First things first, thank you for clicking on my discussion. Any feedback is greatly appreciated! My grandmother has given me a single-family house to start my Realestate portfolio. I'm tryin...
Hi I would greatly appreciate input regarding the proper way to structure our real estate business in North Carolina. We have (3) Single family homes as Rentals but only (1) LLC established. Many of the books or podc...
I live in California. My sister lives in Oregon. We own rental properties in Oregon. We want to setup a LLC in Oregon for the properties, but do I need to also setup a California LLC and/or pay the $800 LLC tax in Cal...
A property manager is using Buildium. Can I use it for bookkeeping and share it with the CPA (for filing taxes). Would you recommend doing additional bookkeeping with another software? (In case if I change PM and pl...
I was just curious the pros and cons to having a team vs by yourself.
Here’s a few tips to consider for getting more cash into your business.1) Consider applying the 80/20 principle to your inventory, services you provide, customers/clients you work with, etc.2) Take a hard look at al...
My wife and I are closing on our first investment property in 2 weeks. We used a bank statement loan given that we are both self employed. We plan to use this property as a STR but it's currently under our personal na...
I am trying to figure out which state I should get an llc in. We own property in OH and WV but have chosen not to get an llc for those properties up to this point. They are residential homes with long term tenants. We...