Mindy Perry
property management software and 1099 K
Hi everyone, just wondering what your experiences are on receiving 1099k form from using a property management software to receive online rent payment. I am thinking to switch to online rent collection from receiving ...
Nicholas Dale Aulby
Real estate agent question
I have a question for all real estate agents and brokers. Would you pay a photographer to take updated photos of the client’s house you are trying to sell in the same or surrounding cities of that photographer?If so w...
Tim ODonoghue
First 2 Family Rental Unit
I purchased my first single family home 3 years ago when I was 24 years old. It's a 4 bedroom colonial and I've been renting out 3 of the rooms to friends while I have occupied the 4th. The value of the home has incre...
Joseph James
Cost segregation study on a $500k duplex - recommendations
Good afternoon, BP investors. I have a duplex purchased in 2021 that I am thinking of doing cost segregation study on, to capture bonus depreciation for the 2021 tax year.It is a duplex in the Miami, FL area that I b...
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They are going to laugh at me!
I keep finding people saying if the seller is motivated they wont be concerned with EM or that you can offer $10.00 for your EM.......
I feel like if I put in an offer on something (to actually assign contract later)...
Ammar Khan
House-Hacking / Managing Property / REPS?
Hey everyone,
I've been learning about attaining the real estate professional status (REPS).
From what I understand, if I own the property, and if I self manage it, then I should just about automatically qualify for...
Ryan Dossey
How do you rehab a home?
1) Hire a GC let him figure it out and just make sure he stays on track?2) Hire the individual contractors yourself and act as the GC?3) Go all HGTV and do it all yourself?4) Fill in the blank.The reason why I ask is ...
Rawn Wilson
Depriciation Recapture and Long Term Gaines Calculations
I bought a house in 2003 and lived there 3 years. When I deployed to Iraq in 2006, I rented it out and have been renting ever since. I was new to real estate and did not depreciate it until recently (maybe past 4 ye...
Fred Mejias
Self Property Management - Should I do it under LLC?
Hey BP community,Hi my name is Fred, I am in the process of finishing up my first investment deal. I bought this under my name. I want to self manage this property. I was thinking I should do this management as an LL...
Frank Nguyen
SECTION 8 Tenant help
Hello all, I'm seeking advice for a multi unit property. I inherited a high maintenance tenant. She pays on time but she recently asked me if I would accept section 8. I told her I would in order to continue receiving...