Eddie Woodside
How would you approach REI if you were in my specific situation?
Current REI: 1 single family unit & 1 quadplex (pending) was -Goal: Enough passive income to sustain my current and future lifestyle (whatever that may be). -I’m new to BP and to REI and I am curious how seasoned ...
Brandt Tingen
Water leak going out of control
Hi, My tenant's water usage is normally 60 - 500 gallons per day. I just looked at my bill and the water usage has been 3,000 - 7,000 gallons over the last few days. I called the tenant immediately and asked what w...
Charles Huenergardt
Sell or keep renting?
Bought a house last year with a guest house. We've been renting out the main house long term and the guest house on AirBnB. We're thinking about either selling the property or renting out both units long term. How ...
Raj Sidharthan
What to build a profit making building on a land we own.
Dear friends,My wife and I have half an acre land close to downtown San Jose, CA. The property is close to the main street, but not on it, so it's not ideal for retail.The property is also zoned as Light Industrial. O...
Karen Chenaille
Channel Managers vs. Direct Booking site?
Hello!In the next 6 weeks I plan to put three new units into service as STR's. I will be using HomeAway and Air BnB as my channels. I already have other properties up on Air BnB. Does anyone else out there use a ch...
Chuck Schmidt
Cost Segregation for SFR, and does Bonus Depreciation apply?
Looking at some SFR homes to purchase, in the $140K range ( 1 story, brick ranch, garage, 3br). Providing all the usual calculations work out ( rent, expenses, management) I have a few more questions on how to help my...
Derek Woods
Painted hardwood floors.
Hey fellow DIYers,I have a triplex that I'm slowly remodeling, exterior at the moment. The inside remodels are in the planning stages. The building is very, very old so the whole house has 3in hardwood floors (carpe...
Account Closed
Do you Remove Wallpaper in a Rental?
Just curious here...I know wallpaper is very subjective. For my own primary residence, I would not put in wallpaper and if moving into a new-to-us property, will remove already existing wallpaper even if it is in good...
Rodney Harris
Newbie from Olathe, Kansas
My name is Rodney Harris Jr. I am a God fearing man! I studied real estate a few years back but just stopped all the sudden lol I've recently picked it back up and I'm about 15 real estate books in haha however that m...
John Haelig
Cashing Out in NJ - Sell, Hold or DST?
I am a 64-year-old landlord with 2 condos adjacent to a medical school in suburban New Jersey. For 30 years it’s been a never-ending supply of tenants who are almost never home and always pay on time.
Why would I wa...