Hai Loc
Investing in relation of the future of gas fueled automobiles
What will the demand of petroleum fueled cars be in 10 years? Will it only be for a lower class because of affordability or will there be a market for compact affordable electric cars.Which begs this question...Would ...
Gregory A.
Transition from TSP to self directed IRA
Hello BP!
I have about $30k in my TSP(government 401k for service members) that I am looking to roll into a self directed IRA so that I could invest it into a multifamily real estate deal.
How does the logistics o...
Bade Raju
50% rule in evaluating rental property
Hello All, I am evaluating a property at 140K for a rental. The rent is 1200 per month.I inputted all the values in rental calc and found negative amount in 50% rule. What is expected amount in 50% rule? Wha...
Eric Villafana
Can't Finance Rental Home Due to Loss Reflected on Taxes
Happy Sunday!I was recently in the process of gaining a pre-qualification for purchasing an investment home (buy and hold rental). Our starting target range ~$100K. I spoke with a lender who was referred to me by my r...
Rehan A.
Tenant Has Paid Rent But Is Breaching Other Parts of Lease.
I have a tenant in California who has recently decided that paying rent on time is no longer a priority. She has paid late the last 3 months and has not paid the water bill, or the late fees, or the bounced check fees...
Mario Brown
Improving Grounds | 36 Unit
Going through a 36 unit repositon Spartanburg, Sc. First things I knocked out were...-seal coat parking lot-new roof-wrapped fascia board-painted and improved on-site laundryTrying decide wether I should paint the en...
Mag Chan
Can a property management company charge me extra for utilities?
I own some rentals in Indianapolis and recently found out that my PM is charging 15% extra on my electric bills. Is that even legal?
Bruno Almeida
Long distance property management issues - need advice
What's up BP fam ! Hopefully someone can point me in the right direction. Last November, I purchased a rental property out of state with the intention of having a property manager handle everything for me. The house w...
Adam M Sommer
Property Managers Impact on Tax
I'm a newbie to STRs (I have LTRs) and looking to start in Branson (3 hours from home). I am debating self-managing vs using a PM, and am struggling to determine the tax impact of that decision.I know Sch E is where ...
Dan Dahlke
When to get Property Management
Hey Everyone, we are up to 7 doors (2 STRs) which I self manage. Wondering at what point or number of doors it makes sense to get a property manager for. Seems like with the additional 3 doors we just picked up its an...