Hello all,I recently am about to get into managing my first STR property. I read the book Short Term Rental, Long Term Wealth and they recommended using a property management software but wasn't sure if the recommenda...
Hi All, Newbie investor with a question about an REO in my area that I am hoping someone can assist with. To give some background, I have been searching my area for abandoned/REO properties that have not made their w...
Hi everyone, I'm trying to make a final decision on a HELOC lender in the next day or so here. A local credit union has an option to go up to 100% LTV (up to a $400,000 limit), but hey require you to pay 1% of the bal...
Does anyone have experience with paying an hourly rate for a professional engineer to make necessary permit drawings in Ohio? I am looking for site drawings and complete sets of drawings of the plans and specification...
Is anyone working with Self Directed IRAs? I took a seminar and I was told that putting your properties under IRA SD, SOLO, Goldern, HSA, and Coverdell and that this provides great protection for your assets and lim...
Hi BP Fam,
I understand there are tax benefits to running your rental property under an LLC. Other than listing your entity on the lease, paying your mortgage from a business checking, and keeping rental income withi...
Hello everyone,
I recently purchased a condo in Oceanside, CA and I am looking to rent out one of the rooms. I posted the room on Roomies and Craigslist about a week ago and have only received two interested tenants....
I wanted to introduce myself and get some advice. I'm a teacher in NYC. I own my condo in NY. I have a couple of investment properties (condos) in NJ. I bought these properties over the last five years with a very ...
Hi BP Community! Total newbie here - so bear with me if this question is obvious to others! My husband and I considering putting in an offer on a small 1-bedroom 1 bathroom condo in St. Petersburg, FL. Using the Dea...
Hello Everyone. I currently have a STR, for which I would like to create a direct booking site. What are the pros and cons and if y'all can share with me some recommendations. Thanks in advance.