Everyone says LTRs are passive, STRs are work.But why? What exactly makes them more work that can't be automated?Let's assume you self-manage. The most prominent problems that I can think of are:Booking/screeningClean...

Hello:Wondering if anyone is aware of and may have a recommendation for software to streamline and standardize operations for a real estate investment company. It should be able to manage documents, acquisition, rehab...

Please don't laugh, but I think I earned my Big gal landlady pants today:) This particular lease states rent is due on the first and late on the 3rd. Late fee is $50 and $25 for each late day there after. .    I had t...

Hi BP Fam,
I know this question has been asked a lot but I haven't been able to get a clear direction. I'm looking to invest in a STR. I'm trying to analyze the deal but this is where I've hit a road block. I see a l...

Hello All,  This is my first post and I just started investing in single family, long term rental, homes at the beginning of the year.   At what point am I responsible for paying, or paying part of, an excessive water...

Hello – I’m getting started with QuickBooks Pro. Many of my questions I find answered online, but there are some  I can’t find answered anywhere. I'd like to open a discussion about some of the questions I have and h...

I'm looking at buying in an off market 4-Plex in Austin Texas using FHA financing where passing the self sufficiency test is iffy.In my calculations, 75% of the total rent covers approximately 100% of the PITI. Howeve...

In a world of APPS; what are some of your favorite apps for REI?  I just purchased an IPAD for business purposes (tax write off).  I have the MLS listing apps; such as Zillow, Trulia, and Redfin.  I also have heard of...

BP contributors:
I for one believe we're not going to see a real estate crash anytime soon, and I firmly believe in the power of pessimistic thinking. But I'm also not wholly ignorant of all the aspects of this busin...