Lance Jorgenson
Property Manager or Self manage?
I am interested to here if you Self Manage or have a property Manager manage your properties & Why you decided to do either or? Me personal I have a property manager run it mine. I don't have the time from my norm...
Randy Dubiskas
New Mexico Politicians may tax STR properties as commercial
I was on a zoom call with Carl Vidal, an Albuquerque realtor and STR management firm owner about this idea that has been floated. The idea is that counties will identify a residential property as a short term rental ...
Sam Leon
Florida landlords - how are you doing with your insurance?
I have to say, my insurance is becoming very difficult to manage.Down here in Florida, because of hurricane threats, we have to carry, for a rental property, a dwelling policy, a windstorm policy and a flood policy. ...
Josh Rowley
How I made a $29k profit in 2 months on 1/2 a house.
One of the ways that I acquire properties to hold for long-term rentals is via tax deed sales. As I was looking for my normal profile rental in February, I came across a nice house on the water in a very desirable pa...
Adrian Pillow
Good property to flip - unrealistic realtor
Well I have been doing the homework and hitting the streets. :)
I found two properties which meet my low standards. Single family on a decent size lot (1 acre) in blue collar neighborhoods that need work.
One is pr...
Jerry Johnson
Contractor under bids his job and can't complete rehab. What 2 do
I got 3 bids on a property, i chose the middle bid, 4 to 6 weeks rehab on a flip. I paid 2 of 3 payments. Now contractor tells me he under bidded the Job. We are under contract.. what should i do?
Keith C.
City of Clearwater Fines Hosts- Airbnb& HomeAway -sting operation
It appears more cities are beginning to crack down on STR's. Even in once STR Friendly neighborhoods on the Gulf Coast.A Couple in Clearwater FL were fined $35k after Municipal Code Enforcement Board ran a sting ope...
Jason V.
Tenant Leaving - When to relist unit that needs to be turned?
Good Morning BP!So I closed on a 4 unit last week that currently has some very long term tenants (16+ years) on a month-to-month lease. Their rent is quite a bit below market value, but I was going to feel a little gu...
Martin T.
Renting to a relocating tenant sight unseen
I'm looking for a little advice here. I recently purchased my 2nd rental property, this one is in Durham, NC. I've shown the property to about 8 people over the past 2 weeks, but the only couple interested in puttin...
Stuart M.
Expense Real Estate Taxes on Sched A before in-service?
Can you put the real estate taxes on your schedule A while the property is undergoing renovations, before the property is placed in-service? I was under the impression that you cannot, that they must be added to the ...