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I recently received a call from someone about a house I have for rent. The call was from another state. In the past, I didn't receive many out of state calls because people were leaving Michigan by the truckload and f...
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And by far, is income taxes. I know there are tremendous legal methods how to not pay income taxes, or to pay very little. Judge Learned Hand(his real name!) once said in a court case " it is the right of every Americ...
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Good Morning Bigger Pockets Family!I have interests in a property that I need some guidance from you on. You helping me will allow you to help someone out today across the US without even leaving your computer which ...
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I think I could write a book sometimes with some of the crazy stories from owning and managing vacation rentals. I'd love to hear your stories and how you've addressed the issue to prevent it from happening again (if ...
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I started a thread with an article about rent decreases nationwide. The replies seemed to substantiate the concern with properties taking longer to rent, and reductions in rent as well as other bennies needed to rent ...
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HI everyone, So I have noticed a trend among some of my fellow property owners here in Los Angeles, California. As you may know, it is illegal to deny someone the opportunity to apply for a unit simply because they ha...
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Tenant Screening Standards:
- No previous eviction
- 3x income to rent
- Clean background
- Good references
Hi Everyone,
On biggerpockets these 4 standards for the tenant screening process have been repeated time an...
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Hello,I have a property with a lot of capital gains that I wanted to use some of the basis portion (basis plus the 250K exclusion) to buy a SFR. If so how do I do that ? Can I use the amount I believe is the capital g...
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I found this UBS article while doing some research last night. Some folks on BP may benefit from it:What Is "Wealthy"?After reading this and several related articles the consensus seems to be around $5M to be conside...
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I recently shared my story about how I grew my rental portfolio to 35 rental units and $10k+ in monthly cash flow in about 5 years. Here is the link if you haven't see it.Part of my strategy lately has been doing smal...