Steve Puglisi
Using PMI as a Property Manager for STR
Hello Bigger Pockets! I just purchased a vacation property that I will be offsetting the cost with some short term/weekly rentals. I have started working with PMI as a property manager but starting to find out there...
Jayce Stewart
Shared Laundry - Electricity Charges
We own a duplex and the laundry is shared in the basement. We just identified that the electricity for the laundry is being placed on one tenants energy bill. In situations where laundry is shared, how are electricity...
Mano Chidambaram
Are these rental turn/make-ready costs reasonable?
After my tenant moved out after his year lease on my 4/2, 2000 sqft, 100K property in Indy, here are the make-ready estimates I got from the PM for the larger items along with a few other minor issues:Paint assorted w...
Taylor Green
How to qualify my wife as a RE professional for tax reasons?
Hi,I was wondering how and if my wife could qualify as an RE professional for tax purposes? I would love to be able to write-off some of my W-2 income.She is a stay at home mom with our 1 year old son, and uses her fr...
Pamela Joveski
How to grow a real estate brokerage.
We are located in Northwest Indiana.We are looking to growing our real estate brokerage. Currently we have 7 agents.We offer high tech lead generating website, software for electronic signatures , no monthly fees and ...
Jorge Vazquez
No free lunches, period!
As an investor and broker, I regularly interact with investors who come across articles about somebody who had brought a property with nothing down. Many investors want to buy properties in this manner. I’m going to s...
Chris Grooms
Better to flip or rent no mortgage paying cash for properties
Hello BP team,I’m a newbie at real estate and would like to buy some properties. I’m torn between rental and selling not sure which to do, I’m paying cash for my properties so no worries on a mortgage only have to wor...
Donald F.
Can multiple partners use depreciation to offset active income?
If my brother and I hypothetically invested in an income producing property together, would only one of us be able to claim material participation in order to allow us to use bonus depreciation to offset our active in...
Andrew M.
Financing Options - Traditional or Hard Money
I'm looking to purchase a potential 2 unit apartment building, but trying to figure out financing. I have enough cash for a 20% downpayment, using traditional financing, but I do not want to tie up all my money in thi...
Jeff Filali
Sold another property today, that I did nothing to... 44% CoC ROI
Purchased an out-of-state foreclosure the end of January, did nothing to it except listed it for sale, 65 days later, finally sold it and made 44% CoC ROI in 2 months, with no work. I'd take more of those. On to the...