Hi BP! I am new to the vacation rental space and I'm looking for a good rental agreement. I've found some templates online from places like Law Depot but hoping to get a strong rental or lodging agreement template fr...
I am considering buying a licensed rooming house in my area, 13 units plus on site manager's unit, average of $150 / unit per week, 100% occupied, real strong cash flow with $4,650 positive cash a month, I would welco...
Does anyone know the process of obtaining a lodging license in Boston, MA? Or who to speak to? It’s been extremely difficult getting information about this from the city and I keep getting redirected to different city...
The appliances in a duplex I bought are going to be replaced. Would love to write it off next year as an expense but wondering if that would raise a red flag with Uncle Sam. What do you all do? Capitalize? Or Expense?...
Hey BP family!I am curious about different medium-term renter pools in the DC-Metro area. It's common that people bring up travel nurses and insurance placements, but in the DMV are there any other occupations or scen...
Many military members come to Vegas for several weeks to months at a time for exercises and events. What does this mean? They need a place to stay, if not on base, and that my friends, is paid for by the military.What...
Hi I'm going to be doing a 1031 exchange soonI wanted to ask and make sureIf I did about $30,000 in improvements being depreciated over 7-10 years on my old downleg propertyWould this be forwarded to the Depreciation ...
We currently own an STR in Red Lodge Mt. We have a $180K loan on it. The rentals are paying the holding costs on it so far (taxes and insurance are high in this market). We are self managing it as we live fairly close...
Hey there! I have a chance to buy a significant amount of property in Alaska (fishing lodge) that goes hand in hand with my fishing guide business. The numbers work really well; however, this is my first "big" swing...
Hi All,I’m strongly considering investing in 2-4 unit rental properties in Philadelphia, specially around the Temple University and surround areas. Does anybody have any experience in this area?