Juanita Vainas
Vacation Rental Management and filing taxes, w9s, 1099s, etc.
I am beginning to managing vacation rentals . Right now, I am assisting (cohost manager), and the owners are filing the various income /hotel motel taxes, and paying me a percentage to manage the property and guests. ...
Gregory L.
Rent it or live-in flip it?
Hi BP Community! My wife and I own a single-family home in a top school district. The house is a smaller colonial with 3 beds and 1.5 baths. While the interior is nice, the first-floor kitchen and bath are original fr...
Ryan Jones
Newbie Interest from Colorado Springs, CO
I have about $200k equity tied up in my current home and just over $50k for investing now. Knowing what I know now, I would not have put such a large downpayment on a low 2.75% interest (15 year fixed) mortgage loan ...
Julio Gonzalez
Start Planning for the 2023 Tax Season Now- 3 Tips to Prepare
Many people wait until the end of the tax year to start their tax planning. However, there are a lot of benefits to planning and strategizing at the beginning of the tax year instead. Since 2023 has just begun, now is...
Mark Safrin
No Comps Available Problem
I have a triplex I'm lending on in Louisiana. It's in a smallish town but easily makes our 50K MSA minimum.Our underwriters prefer comps to be the same number of units, within 10 miles and 12 months. There simply are ...
Brian Karlow
Newly Aquired 10 Unit - Existing Tenant's Rent Level
Hello BPSo we have successfully closed on the project and distributed our welcome/intro letter as the new Owner/Management. We have two tenants who are up for renewal and would like your opinion on how to proceed wit...
Tim Johnson
Resort Valuation
Hello BP!I have a connection to an older couple that are interested in selling their resort in norther Minnesota. It's been family owned for 60 years. It's beautiful...a dozen fishing cabins in Northern Minnesota on ...
Peter Stewart
Trying to determine if it makes sense to raise rent
I am determining what to do with a townhome I own in Inglewood, CA, and would love some input on my situation.The property has been a rental for me since January 2011 and I've had the same tenant the entire time. She'...
Anthony Wick
April Rent Collection at 100%
We chose to not reach out to our tenants ahead of time to ask or offer economic relief. We felt alerting all tenants to a relief plan before they even decided they needed it would not be in our best interests. We did ...
Coban Scott
Key Real Estate terms
Hi there, I am new to real estate investing and just finished reading Brandon Turner's book on Real estate investing, he mentioned in some podcasts about how important knowing the terminology is and I was wondering if...