James Barnhart
How do you manage receipts for rentals and miles? (only 3 homes)
We are selling some properties, but will keep 3 nearby rental homes. I am wondering how you manage the rental expense receipts and keep track of business mileage.I record the expenses and income on a spread sheet I m...
Jorge Rubio
Tenant vs Landlord Repairs- Checklist
One of the main points of contention between tenants and landlords is whose responsibilty it is to pay certain repairs. While most leases have a section related to this, I find that they are very generic and therefore...
Josh Raikin
Want to begin wholesaling
I'd like to get into wholesaling in Dallas, TX, but I have a few questions about wholesaling in general and Dallas / TX specific I'm hoping someone can please answer :)(Below each # is my attempt at an answer/ comment...
Riley Huseby
18 years old looking to virtually shadow
Hey everybody, I keep hearing over and over again that knowledge is the number 1 most important thing in real estate, so I am looking to learn as much about this field as much as I can. If you are a successful real es...
Mitchell Krotz
STARTING LLC/CHECKING SET UP
Hello All!So I have my first full time rental property now up and running and I have a few questions on how people have handled their finances. I created 2 LLC's. One specifically for the house, and another (the unb...
Haley Buice
Can someone get out of a purchase after the due diligence period?
I have a contract to sell land and the due diligence period is over and they are trying to back out of the sale completely. Can they do this? Can I force them to buy the land that is on the binding contract? What do...
Miguel Alvarado
Tax Exemptions, LLC Structure, and Depreciation for Foreign STR Properties
Hello BP Community,
This is my first post and I am not sure if I am asking too much!
I'm exploring the idea of investing in a short-term rental (STR) property abroad and have a few questions regarding how to structu...
Michael Webster
Marketing
What is the best way to go about finding deals? I just need somewhere to start.
Kai George
Raising rents on Section 8 Month-to-Month tenants
Hey BP Fam! I'm considering placing an offer on a triplex in south Los Angeles as a house hack. Two of the potentially inherited tenants are section 8 and paying month to month! Both units are renting about $400 -$50...
Jorge Gordon
Advice on my first letter?
New to BP, but I have a few properties and done a little rehabbing in the past. About to start my first direct mail campaign, would like any opinions on it. I intend to send to a list of properties behind on property ...