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Hey BP, I am currently considering a potential tenant with a poor credit score in Philadelphia. He was upfront with me about it when first viewing the property, and explained he does not currently have a credit card s...
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Hey guys,Is anyone noticing a huge uptick in the amount of people applying for apartments who have service and emotional support animals? In just the last 3 months, I swear 7/10 people have had one of the two. I eve...
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As my wife and I research options for our first short-term vacation rental property, we are looking very closely into local regulations in each of the markets/destinations we are interested in. What happens if you hav...
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Anyone have a recommondation for a good place to form a LLC online? I have been looking at mynewcompany.com They seem to be reasonably priced.
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My long term goal is financial freedom. I've started with one "hold" property in Memphis that is cash flow positive. I like houses that are cheap, good rent and no State taxes. Want to hold in other states besides ...
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I know acquisition time or commute time do not count for 500 hours material participation in rental properties but couldn’t find any regulation saying they don’t count for that 750 hours total RE involvement. if that...
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I am just starting to look for small MFRs on the west side of Phoenix (Glendale/Surprise/Peoria/etc). At this point, showing up to the game as late as I am, is my best bet to find another investor who is trying to off...
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Ok I really need help I just bought this property and the tenant has dogs. After looking at the contract the tenant isnt allowed dogs according to the contract. When I approached the tenant about it I found out he has...
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I am a newbie to BP and just in time! I have declared 2015 as the year I begin investing in RE. I have wanted to break into the field for over 10 years but felt completely unequipped. I didn't know how or where to sta...
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HiI bought two properties this year and sold them for a profit. It is my understanding the profit from those flips will be treated as active income and subject to self employment tax. However I didn't even lift a fing...