Trevor Tso
Need advice renting to retired parents
I bought a second home as primary residence and would like to move my parents there (so they can help out for my child care and I can help them with $, they are little tight).
How can I get the most tax benef...
Deanna Boss
Who washes sweaters in bathroom sinks?!
So after spending some quality time to resolve a clogged drain (hair) and replacing some worn parts our tenant's bathroom sink was working perfectly. Draining like a champ. We did not charge the tenant figuring this w...
Rivy S.
AC stolen - how to protect from happening again?
I just did a pre-construction walk through on a property I purchased a few months ago. The house had been broken into and the indoor and outdoor AC units are gone :( The outdoor unit was even in a cage, given that it...
Colin Reid
Learning Book Keeping
I need to learn how to bookkeep. Until now, my real estate investing has been sloppy and amateur. I have three SFRs, two of which were my primary residences. I know I'm making money because there's money in the accoun...
Chad Clanton
Flipping a home after living there for one year...legal/tax questions
Hello again everyone, and thanks in advance for putting up with all the newb questions! My wife and I moved into a 2007-built home in a newish (post-2000) subdivision about this time last year with the intent of stayi...
William Oshea
Short Term Rental in North Las Vegas?
I understand short term rental is getting a lot of regulation in Las Vegas, but North Las Vegas has more lax regulations. Does anyone have thoughts on 1. regulatory environment 2. rental appeal of NLV.
Yadira Valera
My mortgages to an LLC?
Hey everyone, my wife and I and her two brothers all own two homes with mortgages still being paid. All 4 of us are on the titles and mortgages. We all live in the two homes too. My wife and I in one home and my broth...
John O'Neal
New Member/Property Manager
Hey everyone! Just joined BP after seeing some very insightful threads. Here is a brief background of myself:
Started out (January 2011) part time as an intern for a reputable property management company in Souther...
Adam Craig
Is turn key necessarily a rip off?
I am looking to load on up some single family homes in Cleveland Suburbs. There are a couple business that sells turn key properties like the site below
http://www.restoringcleveland.com/Property/1490-S.-Noble-Road-C...
Johnny Alvarez
Inheriting Tenant on first purchase
Hello BP,
Finally did it. Pulled the trigger and now I am 5 days from closing on my first property! It is a duplex in Chicago, with a long term tenant already occupying one of the units. The tenant has been there for...