James Wise
Why do people Live in New York?
7 January 2025 | 1 reply
Overwhelmingly though, the weather and weather related things were enough to offset the negatives.So, I figure a much more interesting question would be Why do people live in New York City?
Kevin Apolinario
Chef, Software Engineer, Real Estate Investor
15 January 2025 | 3 replies
As many of you can probably relate, this book opened my eyes to the power of the dollar, and it got me interested in real-estate.
Igor Sinchuk
Hi BP community! I'm your go-to person for Airbnb Revenue Management
6 January 2025 | 1 reply
So feel free to reach out if there is something I can help you with related to your STR business.Alongside my work in revenue management, I have real estate investments in Canada, focusing primarily on long-term rentals.
Anthony Maffei
How to Best Leverage $500k in Equity for Additional Income
14 January 2025 | 3 replies
I’m a full-time sales professional at a global GSI, so I’m seeking relatively efficient strategies.Has anyone successfully used cash-out refinances, 1031 exchanges, or other equity-based approaches to boost income?
Zachary Palmer
Help reaching an empty neighbor's house-(Trust owned)
6 January 2025 | 2 replies
A more intrusive approach would be to Google the owner name and see if you can find relatives and skip trace and call them.
Cheng Chu
Rental Demand in Mckinney, Texas
12 January 2025 | 3 replies
McKinney and Princeton have been growing a lot and it is a good place to invest, but it is always related to what you are looking to achieve in a rental investment, appreciation or cash flow.At this time that area does not offer a big cash flow and due to the amount of development going on there, rental demand has declined a bit.In any case you have to make an analysis case by case.
Alex Hall
Subto FHA problem
18 January 2025 | 49 replies
I don't see how they relate to wanting to educate myself or asking for reading recommendations.
Chris Shon
Do I need a Real Estate Tax Accountant?
10 January 2025 | 16 replies
Which is very complex and costly and likely warrants professional help.Now, if it's just you and your spouse, then your 2024 tax preparation is likely relatively straightforward:- you will create a Schedule C on your personal tax return- you will NOT report any costs of purchasing the property or its rehab, not in 2024- you will report your business overhead expenses such as marketing, driving, technology etc- you will end up with a business schedule showing zero income and some expenses - not breaking the rules but potentially raising an audit flagCan you do it yourself?
Lina Truong
Please help me get started for mid-term rental investments
15 January 2025 | 18 replies
Hi Lina from Texas-Congratulations on your interest in investing in mid-term rentals and you are wondering how and where to get started.I get this question frequently from investors.Sometimes and investor is looking to keep their property cashflow positive as insurance and taxes have squeezed cashflow by turning units into mid-term or short-term rentals.First off, ideally, the property will cashflow as a long-term rental should something disrupt the mid-term rental model.You will also want to have the property be near where there would be a demand for mid-term rentals (hospitals, universities, research centers).Monthly rents for mid-term rentals are about 20% (+/-) higher than unfurnished similar long-term rentals.There are property managers that will manage mid-term rentals for you and I always advise my clients to use property managers to keep their investment as passive as possible and for compliance issues related to Fair Housing Laws and local regulations.To Your Success!
Carlos Lez
Tenant's cosigner asking to break lease due to medical reasons
14 January 2025 | 9 replies
1) Yiu REALLY need to know what CA will allow you to do, I don’t know, but the state may say too bad landlord, you lose. 2) Assuming your attorney (Or you if you’re able to decode the laws that relate to your situation and are willing to go to court in front of a judge against a “sick” kid.) think you have the right to collect the rent I’d give them two options.