Elin Trinh
What Cosmetic Changes Would You Make?
Hi BP Fam,
I have a 3/2 duplex in San Antonio and one side will be moving out at end of the month. The property was built in 2007 so it is fairly new. What 'cosmetic' changes would you make after the first tenant m...
Regina Sitterley
Getting a RE license as a rehabber & wholesaler: pros & cons?
Hello all. What do you think the benefits and downfalls are to having a real estate license when wholesaling? In what ways are those pros and cons the same or different with rehabbing?
Michael Slockers
How to financially account for a lost security deposit
Hello all:When a security deposit is received on a new long-term rental lease, I categorize that in my accounting system as "deposit", separate from rent. It isn't income, doesn't show as a gain, etc. When that same t...
Jordan Stone
Aspiring Real Estate Investor - The Defining Moment
*Advise Needed*Real Estate has been something that I have studied extensively for the last 5 years. I have devoted myself to countless hours (4 hours minimum - daily) to build up my real estate competency, so I could ...
Chuck Masters
Short Term Rental Crackdown
One of my strategies is short term rentals in central Florida. I am looking to purchase my second property in the Clermont FL area soon. The first property is rented out to my daughter and some friends who all work at...
Ryan Arth
how much do you keep in reserve per property?
I am in the process of acquiring my second SFH for rental. How much would you keep in reserve per property for repairs, etc?
I do not want to get pinched and have to dip hard into my own pocket, but I also do not wa...
Ramon Mota
When to fire sale property
Last year my mom bought at restaurant in a small northern California town. After puting money into refreshing the eating area she opened. For a total of 39 days and then passed away. I just filled taxes and the busine...
Emily Lopez
Difficulty in finding a broker to allow you to work part time?
Hi all,I have been a buy and hold investor for a handful of years now. I recently passed the real estate license examination. I would like to continue my 8-5 to keep that steady income stream to continue to accumula...
John Morgan
Tax question for rental
I have a couple tenants in dIfferent propertIes who pay me rent in cash. I’ve had them do work on the properties for free rent without any documentation. Is this a problem? I also pay them to do work on my other renta...
Neil Wiseman
Bartlett New Hampshire
Hi
First post here. We have couple STR properties in beach locations,and looking to diversify into somewhere covering winter,lakes area etc..
we're in North mass,and looking at couple properties in bartlett/Glen are...