Rachel Anderson
Small Time Investor - Not a 'High Income Earner' - Cost Segregation Study?
Hi there. I purchased my first short-term rental two months ago and I put about $25k into renovations into it. I've never had a CPA before, but recently I've talked to two different CPA's about tax preparation for 202...
Jacob Lockard
Looking for advice to either continue my STR or sell
Hello everyone,Here are some details about my situation. I bought the house in December 2022 to start a short term rental. It's an owner occupy situation, where I live in the home and rent the other 3 rooms on Airbnb ...
Sean Dye
What to look for in a broker as a new agent
I have almost completed my RE class and I am about to take my classroom exam. When is a good time to look for a broker to work with. Also what brokers are very competent to teach aspiring agents and what should I look...
James Mercer
Things to look out for in a STR?
All I hear about is how great STRs are and how in the correct market they can basically be a money making machine. What are some of the cons or risks of owning a STR that a new investor should look out for? Asking any...
Kalen Jordan
How passive are passive rental properties?
I'd love to hear from people that have done a significant amount of rental property investment with property management.I know that in theory you don't really have to deal with much since you're paying for property ma...
Dave Alexander
How hard is it to get + cashflow on owner occupied property (250k+)?
Hello All, I'm new to the forums and am interested in owner occupying a 'plex (2-3 units most likely). Prior to discovering BP I assumed the only rules for successful renting were to not have vacancies and not to take...
Will Eagles
Please help. Deal Analysis. What am I missing?
Hi, So, i have posted before about a possible deal that I was looking at and to be honest, it turned out to be over my head and after walking the property not worth the risk on a property of its size and cost. I have ...
Kelly Choate
Biggest mistakes rookie agents make
Ok, agents....I am ready to take the exam in the state of Michigan. I would love to learn from others' experiences, so tell me, what are some mistakes that rookie agents make? It's a pretty vast and overwhelming world...
Raj Kumar
Tenant did not sign lease, handed Security Deposit, now doesn't want the place and requesting refund
Yesterday, a prospective tenant called and scheduled a showing for one of my warehouse properties. Since I was out of town, I gave them the lock box code to tour the property. They looked at the property and texted me...
Varinder Kumar
Building an ADU in backyard of current rental
So my current rental is doing great. I am looking to building a 300-400sqft additional dwelling unit in the backyard. I called the city already in regards to this an waiting for them to call me back. We are going to d...