Austin Davis
Self Directed checkbook IRA recommendations?
Hello BP,My brother wants to be a private lender to my real estate business and wants to use his Roth IRA money to do it. He lives in Des Moines, so I was trying to find him a local self directed IRA for him to roll ...
Ryan Moran
Accounting for a dummy - how do I keep track of my first rental?
Accounting dummy here. Not that it's any excuse, but as a young guy with very few expenses I haven't felt the impetus to keep track of my personal finances in any way other than the resources provided through my onli...
Greg Teplansky
Should I use a professional designer?
So my wife and I just landed a nightly rental approved condo in a resort area. We’re trying to figure out what to expect cost-wise for furnishings and interior design. I was wondering if anybody has any resources in t...
Andrew Fidler
Anyone else having problems with LMHA Section 8 in Toledo???
Toledo's Lucas County Metropolitan Housing Authority...LMHA which administers the Section 8 program seems to have had a difficult 2016 and 2017 doesn't seem much better.I've been renting to Section 8 for seven years n...
Zach Rumfield
Family cabin in the mountains next to a major ski resort. Why not AirBnB?
I’ve been discussing with my dad the idea of converting our cabin in Ruidoso, NM, into an Airbnb. It seems like a great opportunity—it’s located in a charming, small community surrounded by the national forest, just m...
Account Closed
How necessary is Wifi in a cabin rental?
My husband and I just closed on a cabin near Gatlinburg. There is no available Wifi service to the house, just satellite. We do have cell phone signal and my husband bought a cell booster to help ensure people have go...
Jonathan B.
STR Depreciation/Bonus Depreciation Question
Hi all, we bought a STR in 2022 for 380k, renovated it for 200k in 2023, and rented it out in July, August, September of 2023 with an average stay of just under 6 days. We’re changing our plan for the property in 2024...
Mark Miller
Can a PMC legally refuse to send initial tenant application?
During the PMA contract term, can a property management company legally refuse to send the initial tenant application that contains the background check and income information?If yes, then what about after termination...
Brooks Conkle
Looking for Skip Trace Tools to Track Down Sellers
Anyone have an efficient method (and economical way) to track down sellers of vacant properties?
If I don't find a better way, I'm going to take my returned letters and trash them (I'm just too ADD) - but I know there...
Herm M.
Meeting the BPO Agent....
My recent BPO from WaMu was a drive-by, they didn't check the inside of the home.
I've been told that the next one will also be a drive-by...they don't reveal when it will be done, and there's no appointment set beca...