What is every body doing in terms of placing new tenants? From turn overs, rents, leases and deposits.I just had a great tenant move out as per our lease. The house will be getting a 7k make over. After it sits for 4 ...

I was approached by a guy while I was getting some treated lumber . The guy asks if I was a contractor ?  I tell him " Yes " . He asks if I am looking for work and I tell him , no not really we are busy .  Then he tel...

Hello all,I am doing a rehab and I have a sister and a friend I want to hire to help. They will make over $600, but this is more of an "under the table" cash deal. Can I claim $595 (avoiding 1099 minimum) and not clai...

I am thankful and looking for feedback from our professional tax preparers. My wife and I don't qualify for real estate professional status.  We make over 150k a yr.  We have 5 rentals in seperate LLCs that have creat...

I am purchasing a duplex and I intend to utilize one side for long term rental and the other side for a short term rental such as Airbnb. Since I hold a full time position with a W2 making over $170k x year, I would l...

Hi BP Money family! I listened to your BPM show#4 with Rosemarie Groner and her energy inspired me to get the book she mentioned Dave Ramsey's Total Money makeover. But when I got to B&N, I found 2 versions: the c...

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $97,500

Cash invested: $10,000

2/1 Duplex near Texas A&M in Bryan.

This was my wife and my first serio...

My wife is an interior designer in Silicon Valley. She comes across a bunch of investors who buy old homes, rebuild it and sell. So we are wondering if we can take up that as a business. Here are some initial numbers ...

Hey Cats,New to MF, not new to RE. Still seems like I’m missing something about how the big(er) boys play this game. You know the usual suspects for RE content on YouTube. Why is it when they break down their financin...