Hey yall! I just turned my first house into a long-term rental and bought another home to reside in. Im looking to purchase my next rental within the next 6 months. What advice would you give me for my second rental? ...
Good morning BP World,I have some exciting and nerve racking events on the horizon and I need some advice! First let me start by saying that I am a 22 year construction professional. I have worked, quite successfully,...
I have stayed in vacation rentals that are primary residences and they must couch surf when it is rented; that isn't what I'm talking about.
The recent podcast has my brain chugging about vacation rentals.
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I did an experiment where I bought a fc 2 family in an undesirable neighborhood. 27K, great shape, BRAND new bathrooms, fixtures, etc. All we did was put new carpet, linoleum, paint, THEN enrolled it in the HESP progr...
For 1099s issued to yourself for your compensation of an S corp, one has until the end of February instead of the end of January. I saw an ad at BP for processing 1099s but missed who the vendor was. I also called a l...
I recently read "Investing in Duplexes, Triplexes, and Quads: The Fastest and Safest Way to Real Estate Wealth" by Larry B. Loftis and he recommends finding a broker who will give1.5% of the purchase price to the buye...
Hey BP!Looking for a second market for short term rentals or AirBnB’s in Florida. We’ll be visiting Jan 24-29 checking out a few areas: Boynton Beach, West Palm Beach, Delray and Palm Bay. Heading back in a few weeks ...
I've always wondered which investor would come out on top in the next 10 years of investing.
1. Let's say that Julio buys up $50,000 SFRs and flips them for a profit for $25,000 - $40,000 in the Dallas market. He doe...
Let's say I have $70,000 to invest. I have a chance to get a 5.2% return outside of real estate. As a buy and hold investor, if I can get more than this return, where should I invest/what is the best strategy in order...
I'm working with a seller on FCI Exchange who has not recorded his assignment and says: "We don't record our position until it is under contract. FCI can record our assignment at time of close." This does not seem ...