Under what circumstances do you keep full security deposits? Do you spell out those terms in your lease? Do you tell your renters who have acted according to your lease terms what you expect when they move out ? I’ve ...
Hi BiggerPockets community, I am considering purchasing a STR and being an active participant for the opportunity to deduct the STR losses (notably deprecation) against my W2 job. I have been doing a lot of research h...
Hi All,Question, I am a high income W2 employee and considering purchasing a short term rental. I do not qualify for a real estate professional status, but recently heard about the short term rental loophole where on...
Just to share, my parents don't support me with my ambitions to start real estate investing.
Anyone here with the same story? And what did you do about it?
It has been agressively stated here on BP that operating expenses average 50% of gross rents. I have posted many times that while that may be true with some properties, it is not accurate or appropriate to use this pe...
Hello All,Im looking for a little help. Myself and my partner have successfully flipped a handful of properites in Louisiana. We typically pay cash and don't do inspections. We recently acquired a property that was li...
I was talking to a new client last week, and she was telling me about the conversion rate she was getting on a landing page her and her team had created for their business. The reason we were talking was because she ...
Hey team, My name is Chris Hoffmann, I am a small business owner based in Dallas, TX. Just finished up the winter Rookie Bootcamp where my wife and I have decided to leverage a HELOC from our primary residence to inve...
Hi! Just bought my Multi in 2018 and now just got my adjusted tax bill. It went from $$$$ to $$,$$$. Almost 2.5 folds. I guess assessor went on purchased price of the property. Anyone tried fighting this? I was ...
Just found out from my local recorder's office that my tenant's failure to pay his federal Income taxes has caused the IRS to place a $25k lien on MY property! There is also another Lien for $5k from a local hospital....