Hi All- Newbie investor here trying to get started w/ a buy and hold strategy. My goal is to build a cash flow portfolio. I live in So Cal, so it's likely that I'll have to go out of state to achieve my goals. Howe...
Hey guys,I've been self-managing for 5 or so years now but recently turned over the PM on a couple properties to a local property management in town. I'm so use to being involved in the day-to-day business of the prop...
When should PM deposit rents? I have a new PM company that deposits rent the following month. So rents on the first of October aren't received until the first of November, and I still haven't received rent from Octobe...
Hi, everyone, I live in Northern Virginia, the house prices here isn't low. I estimate the return on investment property is about 5-7% (assuming you buy house using cash at a fair market value and consider no vacancy ...
I've talked to accountants and tax agents and no one seems to think this is a normal situation, but my understanding from the BP world is that people do this all the time - am I wrong? I want to own my properties in s...
Hey BP gang, I'm not very good at being active on BP, and I apologize for that. But I hope I can get a little help analyzing a deal I'm looking at. I'll try to do better in the future. 6 Unit - Nice residential area d...
Hello,
I recently signed an apartment lease that starts in July. I have all the paperwork and the contract is final. The apartment management is now asking for my previous landlord contact information for a la...
Hey guys, I have been asked by a neighbor of mine to help them manage their 2 short term rental properties they own. I am excited at the opportunity and know how I want to structure it from a business perspective how...
Seen some condotels that seem to be fairly decent price.. however the HOA fees are outrageous like 750 dollars a month.?can you make money on these if they allow you to self manage ? or have any of you made these wo...
The scenario - A 20 unit office building. Can I have an employee do all of the on-site management and maintenance, that I own as an LLC, without a RE license? Employee will do no negotiating.