Hello! We are considering 1031 exchanging one of our long-term single-family rentals here in Kansas City for a short-term rental condo in Myrtle Beach. I'm nervous though about getting rid of our cash flowing long t...
Greetings.
If this post isn't allowed, I can delete it.
I was wondering if this roof is salvageable. I have no access to previous owner and permits don't show any roof work or anything for decades, so can't de...
What items at your rentals seem to disappear most often? Mine is the cheap plastic hangers. Now I know they are cheap and not costly to replace, but a PIA to have to keep buying and I know they may break, but I've had...
Hey BP Community,It seems as if a lot of people really like to hear about short-term rental/ AirBnB stories, so I thought I would share a deal that has been “operational” for four months now…First, I live and work in ...
I have recently sought interest in another possible income stream, the Coin Laudry business. I have found a couple in my area and am starting to analyze to determine if this would actually be a profitable and passive ...
Hi all,
Am closing this week on a great little deal - $28k for a 3/1 with a bonus room and attached 1 car garage in a solid area. It already has its C of O for rental occupancy so we can move in tenants right away. ...
Hi All - I've seen quite a bit of confusion on the application of the Passive Activity Loss Rules and Short Term Rentals. Beyond BP, there is a lot of confusion in the accounting community as well but the same rules...
So I have this "friend"...A buddy had invited me to an invitation only meeting. It was a very motivational gathering that left me wanting more. I like to consider myself a receptive type person but ------- this doesn'...
Hey Bigger Pockets Community!
I am working towards settlement on my first home purchase! Settlement is set for early November. My plan with the purchase (a 4 bed single family in Philadelphia) is to rent out 3 of the...
Hey BP members. Would appreciate some insight here. I have the ability to buy a 2-3 bedroom home where I live in Phoenix AZ. I have a few friends that would want to be my roommates and pay a fair, market rental rate f...