John Williams
Biggest mistake you made when buying STR / vacation home?
I’m considering buying a second home which I’d rent out in Airbnb/VRBO for part of the year.What are the biggest mistakes you made when buying a vacation rental? What do you know now that you knew then?
Devin Gordon
How to handle the Late Fee
Say the lease states, rent is due on the first and every day after that its late is a $5 fee per day until up to 5 days. Then if not received by the 5th you can go ahead with the pay or vacate letter or whatever but m...
Teryn Owensby
First Flip gone terribly wrong NEED HELP PLEASE
Hello,I am in desperate need of advice on what to do. If anyone can help please advise. My husband and I purchased our first investment property in January of this year. Our renovation was supposed to cost approx. 58,...
Ryan Deasy
Long distance landlord needs help deciding...
Hello:I recently moved to Texas from Connecticut but my properties obviously did not. I had my brother doing property management but that will be ending after this month. I am really struggling to decide whether or no...
Megan Greathouse
Leaking basement on a historic duplex in St. Louis
Hello! I'm hoping some of my fellow St. Louis investors with experience with older multi-family properties in the city might have some thoughts for me. I'm under contract on a duplex in the city (near Soulard) that wa...
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Arizona Rookie
Greetings from AZ! I recently found this forum and was impressed by the knowledge of the members. I am hoping the things I learn here can help me dig out of a bad situation that I'm in. I only wish I had known of t...
Ben Kirchner
Hire a CPA for my 2017 taxes?
I've always filed my own taxes, with TurboTax. Given the simplicity of my income sources and lack of deductions, this was an easy and less expensive way to handle it. I now have 2 investment properties that I purcha...
Todd Powell
Portland, Oregon annouces FREE rent; no evictions due to Virus!
My properties are south of Portland, Or but today they announced that tenants cannot be evicted if they fail to pay rent in Multnomah County. Further, they are asking the Oregon Legislature to step in and mandate this...
Dave W.
Re-fi offer from our lender (Wachovia)
We currently have a pick-a-payment ARM. We're not behind in the payments, but are paying the minimum pymt, resulting in about $1k/mo being tacked onto our outstanding loan amount each month in deferred interest.
Our ...
Seolhyun Lee
No CPA has a good answer for my situation. How can I reduce my income tax with real estate investment?
I am in a situation that traditional tax benefit of real estate investment is not applicable.
My wife and I want to buy a primary residence and rental properties within next 3 months and hoping to make this investme...