McKellar Newsom
Should I upgrade to BP Pro?
Have you upgraded to BP pro? I am considering upgrading and would like to hear thoughts about BP Pro. Thanks. mck
Ben Anderson
New to BP, in the early stages of house hacking in Seattle
Hi everyone, I'm new to BP and real estate and decided to try and find a house hack type of situation to reduce my fixed expenses and have a way of generating non market based returns on some of my money.I'm currently...
Bryan Clement
Contractors: How to get them to make you their priority!
Hello, When you are a property manager that has to have third-party contractors, what do you do to have them make you a priority? Contractors are notoriously busy, and when you have a limited amount of time to turn a ...
Cathy S.
How to accelerate saving up for down payment for next property
I would like some ideas to accelerate purchasing investment properties that isn't just saving as much money from my full time job and setting it aside to get that next 20% down payment for the next property. Some cont...
Craig Lessler
Airbnb - Active or Passive - Deductibility of Losses Schedule C
I have a long term rental (SFR) which I converted to an Airbnb in October 2019. My property manager is acting as the host and we have already had multiple bookings.
Questions:
1. Is the Airbnb considered "Active" ...
Carmen Sognonvi
Template for figuring out path to cash flow goal?
Let's say I have a goal to generate X amount of monthly cash flow by X year, and I'm trying to figure out different scenarios to get to that goal.Can you recommend any useful tools, spreadsheets, blog posts, or forum ...
Stephen Thomas
How do I lower my W2 income?
HELP OFFSET HIGH W2 INCOME! As the end of the year quickly approaches, I have maxed out my 401k and wife’s 401k and both IRAs. We have a primary residence and a Airbnb rental unit that we own and manage. We purchased ...
Nic Cooper
New member from San Diego CA
Hello! I'm Nic and I live in San Diego CA, I've been in the Navy for 19 years. I have been a part-time landlord in SFR for the past 14 years here in San Diego and have self managed my properties most of the time. ...
Chauncy Gray
Property Management Expenses
Hello,
I want to address the following questions to investors who have hired property managers in the past.
1. I have heard that property managers charge fees for handling a property that goes vacant. May I ask as ...
Rami Khaldi
Private Money Lending Terms
Hey there,I'm interested in utilizing private money lending for financing while I save up to use my own capital along with Hard Money Lending. Im curious about how the successful private money lenders have established...