A fellow contributor here, John Carbone, sent me a link yesterday to a lot for sale in the Smokies.  The price certainly seemed reasonable.  It so happened that I know the owner of the lot.  He is one of our homeowner...

Hi BP community!
I’m looking for advice and firsthand insights on operating a self-managed short-term rental (STR) in North New Jersey, the Catskills, Hudson Valley, or Delaware Water Gap areas. My focus is on purcha...

TENANTS FROM HELL #5Sinks from hell.Running one of the largest rental portfolios in the Cleveland, Ohio area I have managed 1,000's of properties & dealt with countless tenants. In short, I have seen it all. From ...

I'm considering purchasing a vehicle to do showings as an agent.  Can that purchase be deducted? Is it better to create a depreciation schedule for it?  CPA friends, help!

I wouldn't say it exactly like that, but that's the gist. So, if you were in my shoes, how would YOU go about orchestrating things? (details below):*2bd/1ba home in Bakersfield, CA. Detached garage in back. Backyard i...

Hello everyone,

I just wanted to share with you all the new investment property I just locked up yesterday. Here are the figures:

ARV $98,000-$106,000
Repairs $6,000
Purchased For $45,900
Average Rent Range $900 mon...

http://www.ksl.com/?nid=148&sid=11862066

This is really wierd. This was the last of 44 homes I built in St George. It was my home! I left it in 2002 to go rv'ing. Over 5000 sq ft with 4 garag...

One of my Real Estate agents showed me an REO today. I checked the comps in the neighborhood within a half mile since January and they average $405,000. The bank is asking $371,500. They have it listed "as-is" but the...

I just saw this today on a listing here in Nevada. Thought it was the craziest, most convenient thing ever. Not the most sanitary but I'm sure it's there for medical reasons a person may have.