I am looking to purchase my first house, and will be renting out the extra rooms. Is there anyone that has owned and rented college homes to students, that could pass along some advice for this market? Or perhaps any ...

It sounds odd, because it is. The seller's agent showed us the home, with much emphasis on the basement/ground level floor. In the Hudson County, NJ area, basement level is illegal to live in. The property is priced a...

Hello, I am an 18 year old college student debating if I should start fixing up a distressed house that my parents will be selling it to me for less than 10,000. I will be able to pay the house off in small monthly pa...

Hello BP, When working with a realtor and the seller decides to owner finance, how would you compensate the realtor for sending you comps, submitting offers, etc etc without feeling like their time was wasted? I ask b...

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $185,000

Cash invested: $40,000

My first rental I picked up. It was a brrrr with a complete rehab on the sec...

I've read conflicting information about what triggers you to have to pay self-employment tax on your short-term rentals.There seems to be a consensus that the following does:Airport TransportationProviding cooked meal...

For short term rentals, do you think it's best to go with Schedule c or Schedule e when filing your taxes? I can't seem to get a clear guideline between these two. For the EY guidebook, it appears that C is when you p...

Investment Info:

Single-family residence buy & hold investment.

My first rental.

This 3 bedroom, 2 bath home provides 1329 sqft of living space and a lot of 8,968 sqft. Entry opens to a spacious great r...

Hello all. A residential assisted living facility wants to lease my property to run the business out of.  Besides a leasing agreement what other contracts or forms should I have them sign or is a leasing agreement eno...

Hi BP,How do you property managers handle renter's insurance?  Do you manage the policy and charge the tenant?  Do you just put in a clause for it and hope for the best after the first verification?  What are my optio...