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Curious on your opinion on short term rentals versus mid-term rentals? While short term rentals typically provide higher cash flow, mid term rentals help to provide stability. What type of rental do you prefer and why?
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I'm relatively new to REI, but have had a single rental property for ~3 years that does well. My father on the other hand, has ~20+ properties and tracks everything manually in a spreadsheet. While I could likely writ...
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I know this is sort of detrimental and not a normal topic, but I am in the opposite corner on this deal.
I live in a VERY residential neighborhood. Everyone has a typical cookie-cutter house with a small yard/garage...
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Hello BP members, first of all, want to thank you for the valuable info I get from this forum. I wanted your thoughts on my situation and mainly if I have to put my condo property in a LLC. I'm currently a profession...
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Hi all,So I'm preparing to rehab houses in the next year. I'm currently enrolled & working on the courses to satisfy educational requirements to be a RE salesperson in Texas.In one course, it stated that a busines...
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This is an open discussion about non-profits providing or facilitating special needs or specialty housing, yet doing so profitably for those who operate the housing services. This has basically arisen out of another t...
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Hi everyone,
I am wondering how you guys are doing accounting and bookkeeping for your rentals, doing by yourself, hiring bookkeeper or hiring accountant? I am currently managing the bookkeeping and accounting mysel...
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Hey, BP I'm officially 1 year in this business and thanks too you guys for all the help during my process. I already kinda got my mind made up but I just wonder you guys thoughts on my circumstances.I have a duplex th...
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We've always used a property management company for our other rental, but we recently purchased a second rental home close to ours and I thought we'd save some money by managing it ourselves. Now I know what I was pay...