My wife and I are hosting on Airbnb and just received an initial message from a guest that instantly booked our place for April. Our current pricing structure is a base price with an extra fee per guest starting at 2 ...

Just heard back from my tax accountant and I was expecting some good news that we were getting a positive return from owning 6 different rental properties (bought 2 in 2019) but instead he tells me that we're just bre...

Thanks for reading this post.I understand that setting up an LLC is not required in RE, and if anything it can be a pain to file returns depending on how you set up your LLC's.However, I am looking at a couple of prop...

Hello,My name is Sam Choi. I currently live in Walnut, CA near Diamond Bar. I would love to get into real estate. Currently, my dad has 1 4-unit property. So I would really like acquire some properties of my own. I wo...

I have been contemplating using money from my IRA to fund an LLC and get started in multi family. I know I'll be taxed and pay penalty for early withdrawal, But I feel I can make up that money plus more with REI. I ju...

This is my first forum question, so thought I'd start out with something light, such as tax reform. I just re-read "The Fair Tax Book" by Neil Boortz and former Congressman Hal Linder. Has anyone read this book y...

Do you use QR codes to advertise your rentals?I started to experiment a bit with it as a way to point them to a web site with more information and details.As you know, if you use Postlets or any real estate web site t...

Jobs are back and the economy is recovering. How do you spin this doom and gloomers?

Jobs Are Back! Recovery Abounds

So, first off, I'm a newbie.  I've done some research and networking and now I'm ready to put together a team to get started investing in notes.  I'm most interested in non-performing 1st and 2nd lien notes.  I'm reas...

I have scoured the BP blog and internet and have not been able to find a clear answer to a few questions I have regarding Debt to Income ratio, so what better place to ask than here! So here it goes!1) I have had a re...