Chris Gavre
How did you fill your mobile home park?
Hi guys. I’ve recently closed on my first mobile home park in South Carolina. I’ve had it about 2 weeks and am looking to strictly rent out the lots. However, as expected, the demand for this is much less as people ha...
Greg C.
What I learned today...
As I'm researching and reading and google searching and listening... I'm learning.I just wanted to use this space to note things I learn as I learn them. I have absorb so much in the past month. Not looking for a lo...
Brian H.
Feel like I'm losing my mind. Seasoned, organized investors. HELP
Hey everyone,I am just completely unorganized. My situation is stressful but I realize I am creating that stress mainly. I work 65+ hour weeks running a kitchen, so that is already stressful. I realized that I am lo...
Amanda Aesho
Should I use an out-of-state turnkey company for my first rental?
HEY EVERYONE! I'm new to BP. I have been watching a lot of the videos on the youtube channel and currently reading the book on rental properties (which I love) but just decided to be an active member on this website. ...
Cheyenne Davis
Buying "Subject to" and Seller Wants a Written Guarantee...
Hi all - I'm new here, but have watced and read for a while without jumping in. I'm buying a house sub2 and the seller is asking me for a written guarantee that we will pay his payments. In the past, I've never had to...
Scott Loud
Information needed from investor to contractor
Hello, as a newbie to this game I’ve been reading all the books. They all have a uniform theme that contractors can be one of the trickiest members of your team find. David Greene’s book does well to describe the ques...
Steve Y.
New Hamhipre Eviction Completely Dismissed
Hi everyone,
I had my first eviction case experience and it was quickly dismissed in favor of the tenant. My property manager did everything by the book. The tenant was on a month-to-month lease and we gave her more...
Da Shiek Woodard
Proper LLC Structure
I've seen some posts on the LLC topic (especially the Wyoming LLC trend) and of course ended up on the fence. My scenario is I have 800+ credit, great job history, and a rental with $300K in equity and cashflow of $90...
Craig Lessler
Airbnb - Active or Passive - Deductibility of Losses Schedule C
I have a long term rental (SFR) which I converted to an Airbnb in October 2019. My property manager is acting as the host and we have already had multiple bookings.
Questions:
1. Is the Airbnb considered "Active" ...
Senthil Akasham
1031 Exchange Vs. CRT
Hello BPers,I own a rental property (single family home) in CA bay area, and I was looking into doing a 1031 exchange with a larger property as a way to upgrade income. But on second thoughts, after years of being a ...