I have a long term rental in Lake Tahoe (NV side). We had a tennant for a year, who renewed for another 8 months. Two months after renewing she said her company restructured and she lost her job so she wanted to move...
Anyone here can tell me what are some common challenges one may face when starting a house hacking or coliving property, and how can they be overcome? Thank you!
Hello BP,I am a novice investor with three duplexes in St. Louis, MO. I acquired my properties by house hacking FHA loans. Now that I am no longer single the option to house hack is no more and I would like to scale m...
The majority of our STR investors and vacation rental buyer clients ask or elect to close their acquisition in an LLC.
The primary determinant (beyond the tax implications) is whether the lender will underwrite and ...
Hello, I am looking to purchase part of a portfolio. The scenario is: The seller (ie. John) currently owns 6 properties. John is looking to sell 1-3 properties now and reinvest some of those proceeds into the remainin...
I have a note out to my tax person but they take a minute to get around to things sometimes, wanted to see if anyone has dealt with this situation before.Sold property in my LLC and purchased new property with a hard ...
Hi Everyone,
I am relatively new to rental properties and currently own 3 single family properties as rentals. I’m trying to better understand the cost for a tax specialist. With just three properties, do you think i...
Hello all,I am attempting to purchase an out of state BRRRR. A lot of what I read said to attempt to manage rehab yourself, but I don't even know where to begin considering this will be out of state. Pending me find...
My tenant wants to put ceiling fans in the unit he is renting from me. He said, he would buy the fans and his brother, who is an electrician, would do the wiring and install the fans for free. There is no ceiling lig...
Morning BP Community. Looking at a potential live in flip with a ton of upside but the detached Garage has some foundation issues and I've only dealt with basement issues in the past. Was hoping to see if any more e...