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How many properties does a person need to hold to justificy 750 hours? For example if you own a two family house and rent both units it would be hard to justify that you worked 750 hours to maintain this. IRS does not...
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Hey everyone in the BP community, First and foremost I want to start by saying I have zero experience in real estate or any form of business ventures. I do however have an increasingly growing interest in it. Finally ...
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Hey everyone, new to the community. I'm young, but got a bit of a late start to the credit game. I just got my first credit card almost a year ago and my first auto loan about 5 months ago. I've been doing well at pay...
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I have a Nest thermostat in my short term rental cabin in North Georgia. I have not put any restrictions on it right now but in my house manual, I ask that the guest turn it to the AWAY setting when they leave and als...
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Let’s deep dive on this, I really want to hear both sides of this. Let’s keep it positive and may this be a start of a conversation. What is the morality of owning a mobile home park, specifically to those of a lower ...
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Hi BP! I'm leaving the REIT where I did accounting and short-term leasing for retail shopping centers and heading to a property management software company where I'll be doing sales. Wages are likely to be 60% salary,...
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My lease states that it goes month to month at end of the one year term.
My experience so far has been that tenants want a new one year lease, rather than month to month, because they're afraid of being told to leave...
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I'm new to the STR game with 2 rentals, and they've gotten to where they are requiring a fair amount of input. One is in our front yard, the other is about 45 minutes away. I'm a firefighter, and can generally handl...
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I am wondering in what order do you screen your tenants?My general thoughts are this: 1.) Get my ads out on CL, doorstep, etc.. 2.) Organize and Host an open house. 3.) Collect applications from those who attend the o...
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Just musing ahead 10 years or so.With states now mandating the phase out of Gas/Deisel cars How are MF owners going to attract and keep tenants that will now have EV's in the next 10 to 20 years ? Of course home owne...