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It's official folks! After a little over a month, we finally posted our first AirBnb listing in Portsmouth, VA using one of the units in our quadplex. We are open for business starting tomorrow. My wife and I are expe...
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This is a follow-up to my recent post about IRA audit myths. In this long sequel, I will discuss hiring audit and "IRS audit insurance."
1. DIY IRS audits.
Can you defend yourself against an IRS audit without hired ...
I unfortunately hired a contractor for a house I just started rehabbing and he sounded really good! He came in with all sorts of experience ace telling me how great his work is. The project started and from day one...
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I CANNOT FIND the answer to these basic question on BP (I'm sure I'm just not looking in the right spot - Aahh!) HERE IS MY DIRECT MAIL CAMPAIGN PLAN. 6 mailers (at least) to a targeted list of approx 500 properties...
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My property manager is saying an eviction will cost ~$1000 for a lawyer. Shouldn't the property manager handle the eviction process themself, otherwise, what am I really paying them for? Tenant paid last month ~ 20 ...
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My tenants haven't paid their rent since July. I know, I'm too soft-hearted for this business, but I'm becoming less so, trust me. After they broke their 5th (6th?) promise on Friday, I served them with a 3 day noti...
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Hey everyone,I just recently bought a rehabbed property in KS, MO. my PM just informed me that someone is interested in renting the property. This individual just hit a jackpot and wants to pay the one year rent upfro...
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Hello BP community,
I am currently renting a home to a family that has been in my unit for about 3 months. Since they've moved in there's been numerous complaints about the A/C not cooling to the desired temp and ma...
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Hey Guys!!!
I am in the beginning stages of becoming an investor and I plan on focusing primarily on flipping houses. I'm in the process of doing a lot of research and within the next month I will obtain my LLC lice...
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Does anyone know of a city that attracts tourist and visitors in all 4 seasons. I'm looking to invest in an airbnb property. Currently have 3 in AZ but the summers are low season and bookings drop off significantly.
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