
25 September 2024 | 14 replies
I want my involvement in managing my future properties to lessen, becoming more "passive".

29 September 2024 | 16 replies
No loud music, parties or anything of that kind.The house was built in 1908 and not soundproof.She said she's talked to them directly and hopes that will solve the problem, but she starts school next week and is worried about her sleep.I haven't approached the downstairs tenants yet.There is a noise clause in our House Rules, which mentions "quiet hours between 10pm and 6am", which everyone has signed.I don't want to take sides or get in the middle of this issue, but I also don't want to risk losing good tenants (on either side of the argument).Any advice would be welcome and appreciated - thanks so much!

24 September 2024 | 3 replies
The building is in great condition with a new roof and is professionally managed.

26 September 2024 | 7 replies
Hard money deals often need to close quickly, so being upfront about fees and offering tailored loan structures can really set a lender apart.On the lender side, the biggest challenge seems to be managing the risks.

28 September 2024 | 17 replies
be very careful of lenders from out of state or those that are not familiar with Oregon.SEnd me a PM and i will connect you with Oregon lenders that can help you.

29 September 2024 | 5 replies
We advertised it as a "bonus room/ office" and I think that helped attract the right applicants (they were not expecting a 3 bedroom apartment and then arriving to find out it was only 2 beds with an awkward bonus room).

30 September 2024 | 11 replies
I have not heard of an extension as of yet.Your 100 hours is related to material participation for STR not the real estate professional status, they are two separate items but in a way can be connected (kinda).I'm not sure what you mean by "sell it for no bonus depreciation recapture" because you are required to take depreciation, if you don't the IRS should calculate your tax as if you did.Your head is in the right place and I wish you luck but would highly recommend consulting with a tax professional before proceeding if this is your plan.Best of luck Dennis!

25 September 2024 | 32 replies
And lastly, make sure the property management company has experience leasing and managing Section 8 properties, since there is a lot paperwork and processes, and I've seen experienced property management companies who do this stuff all the time, screw up on multiple Section 8 leases to where the tenant's packet expired because they were so incompetent.

27 September 2024 | 5 replies
If you have the time and can manage the work, go for it.

25 September 2024 | 9 replies
Bigger Pockets is a great place for education and networking and is full of great content.I recommend that you check out the following resources:1.