Talking to various investors, it sounds like people interpret the "50% Rule" (calculating expenses to be 50% of revenue) somewhat differently. I'm curious how each of you do it?
For example, some people use 50% of g...
Hello BP,Just wanted to run this by a few of you landlords who have had some experience in the game.What are you thoughts on Temp workers or Temp to hire working tenants? When screening a tenant and you see they are w...
For background, my tenant has decided not to renew and we are having an e-mail exchange regarding move out and property maintenance.What sort of tone do you normally take with your clients over email? Do you generall...
Hey Everyone,I think the calculators provided by BP is great! In fact, to the point where I'm considering the PRO membership so I can continue to use it. But I was wondering what everyone else does for analyzing deals...
Does anyone know if mobile homes on leased land (no parcel) and
seller-financed would be eligible for installment method reporting since
they are (i) personal not real property, (ii) the notes cannot be
consider...
Hi everyone,I'm seeking guidance on where to read about the laws of syndication, and Where to read about new laws that are officially coming out in regards of syndication ?What government site ?What government agency ...
I read from the latest ADU progress :(1)https://www.newavenuehomes.com/legislation-update-ab-68-ab-881-and-sb-13-help-address-californias-housing-crisis-through-adus/We first told our readers about these bills in Jul...
I posted this in legal but wanted a broader viewpoint. I have a family member who listed a property and the agent put in additional wording on the listing contract (it has an additional paragraph in our state for add...
Hi fellow Ohio landlords, The law in ohio requires that landlords pay (5% per annum) interest on security deposits over one month's rent that are held longer than 6 months. http://codes.ohio.gov/orc/5321...Will the c...
Hello,I've been searching for the answer to this question, but can't seem to find a solid answer - looking for a CPA who knows.I purchased a SFH in 2014 with the intent to rent it out (which I have) and eventually tea...