Hi Everyone,  I recently had a last minute cancellation due to Covid (same day cancellation).   I informed the guests that I would refund there cleaning fee because the cabin would not need to be cleaned.  I informed ...

Hello fellow BP members, I live in NJ and I am looking to meet whole sellers, house flippers, agents, turnkey company, investors. I have a work full-time from home job and flexible schedule. I can buy and manage prope...

I will be rehabbing my investment property (property manager will oversee) and am wondering if contractors expect some upfront payment (e.g carpet layer to buy carpet, cabinet maker for kitchens). I currently have a s...

Has anyone used Radiant Property Inspection for home inspection?Are they good and can be trusted? I am going to hire them to do a home inspection.  I won’t be there, and my broker is out of town till next week Wednesd...

Hey BP!I’m in the process of purchasing my first real estate investment property in NYC which has an open partial vacate and a couple of ECB violations on the property (work without a permit). It appears that the pre...

When you're hiring a contractor, how do you handle payment. Will they want payment before? If so, it doesn't make much sense to pay until you're sure the work is complete, right?

It makes sense to me to pay half be...

So for anyone doing are work or are full time maitnenece guy. He does the work and bills us after the job is done. Should i have him bid it out and then have him do it. OR whats the best way to do this? I would like f...

I've posted this question on the Tax forum and it seems to be a gray area. We've managed to scale the business pretty quickly this year to 5 STRs. Cabins in the Smoky Mountains. Pigeon Forge and Gatlinburg. I'm likely...

I know the IRS doesn't allow passive income - typically long term rentals as qualifying income for a SEPP contribution.   Does anyone know if you can use the revenue from STR's for a contribution? 

How to Communicate with Contractors
Important keys to reduce waste in time and money.
5 Factors for Contractor Success
Without question, if it is necessary to manage your contracting projects and not allow contract...