I know Ive seen a thread re: this but I cannot find it. If you utilize a full time PM company for an out of state rental property can you still deduct expenses for an annual/semi annual visit??
I am a new investor looking to buy my first property in the near future and planning to use the BRRRR method. Currently I'm reading Brandon's book, The Book on Investing in Real Estate with No (and Low) Money Down an...
I've spent the last two years remodeling our 1912 craftsman bungalow home. This process has done two things. One, help me discover I love carpentry. Absolutely love it. I grew up a farm kid and have spent the last 10 ...
I've been reading old posts about the "real estate professional" status (of which there are many) but it isn't clear to me if flippers can utilize losses from their rental properties if they don't self-manage their pr...
Hello friends,In October I had a tenant abandon my SFR. They left the place a mess. Most of the damage was due to their dogs that were in the lease agreement but I wouldn't think that matters. Their security fee wa...
I have been meaning to post this for a while. A big thanks to Joshua Dorkin for helping me with instructions on how to get the video uploaded for BP.
This is one of my flip projects this year in the $1M+ exit value r...
Truth be told, I probably won't update this deal diary beyond this post. I'm blogging about it, which can be found here: https://www.biggerpockets.com/blogs/7199-my-first-...I just purchased my first property and pl...
Just moved to Park City, UT. My fella and I bought our first place, a townhome, 8 months ago. We want to buy a neighboring place to keep as a vacation rental or long term rental. It’s $380k. To my surprise, our real e...
Hi BP world, if my wife and I are diligently saving around 1/2 of our paycheck for 20% down SFH deals (total of seven is the goal- two down, five to go), we may find ourselves low on personal reserves from time to tim...
I am converting a Townhome I own and lived in for the last 2 years into a rental. I have had several potential tenants ask if I accepted Section 8. I have told them that I am not set up to do so yet; however, I am con...