Ross Kane
LLC piercing corporate veil
Hi guysI am planning to buy my first property soon. I am thinking a duplex. Maybe with tenants already in place. I am feeling overwhelmed and have many questions. But at this point I am going to reduce it to 2 questio...
Cherish D.
I have to convert my Airbnb to a negative cash flow rental SELL?
So I purchased my first home as an investment short term rental near Disneyland in Anaheim CA. I've owned the property for 2 years and now the city has changed the laws and no longer allows short term rentals. The nei...
Kai Hicks
Non-essential Request by Tenant
Good evening BP community,I have a tenant who has requested a full power washing of the house. My wife and I like her quite a bit, she is a sweet and very polite older lady who keeps the house in immaculate shape. She...
Jill F.
The affordable housing situation right now is desperate.
I just listed an apartment on Friday. It's in a "D" neighborhood. It's my first turnover in over 3 years (39 months) in these buildings (2 side-by-side quads). I had **13** solid, completed applications (not just vag...
Rob J.
Police Called on Resident
Would be very interested in some feedback. I've been managing apartments and houses for nine years and this is a first.
We hired someone to trim the hedges at one of our properties. While trimming, one of the resid...
Matt J.
Creating an Air BnB Plan
Hey everyone. We currently have 3 long term rentals that have done pretty well for us and for our next purchase, I want to dive into a short term vacation rental. This will be located too far away from me for me to ha...
Cowan Bucks
Buy a negatively cash flowing property on purpose?
People of Bigger Pockets, First off, I'd like to say thank you to Josh Dorkin and Brandon Turner for this fun and informative site. Also, if any of you have not listened to the podcasts they put out, I would urge y...
Daniel Maciag
Advice on living in hood
I am thinking about buying a 3 Unit MF house within 1 hour of train/bus commute to NYC for about 300-400k. The issue is, this is in the hood. I plan on being in and out within 2 years of renovation and renting out eve...
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Creative ways to make extra cash off rentals
Hi everybody
I was wondering if anybody has any out of the box ideas for creating a little extra cash flow out of your rentals. For example, the apartment i just leased was a one year deal (only did it because I don...
John Jabson
Inflation?
This is such a basic question, but I don't quite understand the basics of it.
If my income increases by 3.5% per year (that's my current raise per year per our contract) and inflation has been between 3-5% pe...