Hey all!I am full of questions, and I truly do appreciate everyones time and effort in their responses thus far; BP really is an awesome community! Ok so onto the question:Let's say I am purchasing a single family hom...
We currently have an STR that we purchased in 2020 for $419K, which cashflows 70K in revenue. We have just taken out a line of credit on our primary residence and have 300K to invest. We have several options:1. Spend...
On the Multi-Tenant Commercial properties I manage we do a couple of things each year to show Tenant Appreciation that I feel helps with Tenant Relations and Retention. Once a year we schedule an Ice Cream Social at ...
I continue to sit in on Denver's Short-Term Rental Advisory Committee meetings. (Because I'm just that cool.) Thought I'd share what came up for any of you out there who are interested in Denver and Airbnb. What I fo...
Hello all, we are very green in understanding tax strategies for STRs and we're trying to understand how/what STR tax deductions can be captured for primary residences. Below I have posed a scenario to use as an examp...
I am not a super active poster here, and I posted this last week in the pro forum accidentally when I meant to post this here where more users can see this. I am a grateful beneficiary of the wealth of knowledge and r...
I am waiting to close on a fourplex and need some advice on how to introduce myself as the new landlord. This is an FHA where I will owner occupy one unit and already have three tenants currently residing there. Some ...
My wife and I are in the process of doing a cash-out refi on our primary residence in Utah. We owe about $129k and the house is valued around $290k. At 70% LTV I can borrow $73,500 at 3.125%, 30-year fixed interest ra...
I am working on closing a deal for a duplex to house hack. One side to be my primary residence. I got a call from bank mortgage company and they are telling me that the max loan they can give us 85% value. So I would ...
Hi All,I would like to play a game inside of the Bigger Pockets forum; nowhere else can I get the opinion of so many valuable industry professionals. The game is what do y'all think is a better word for my marketing p...