Donnie Martens
Bartlesville OK
Hey BP members, I wanted to start a thread to link up with local Bartlesville Real Estate Investors. I've been researching the market, but wanted to bounce ideas and knowledge off of other local folks. Is there a loca...
Luke Miller
How to buy rentals quickly as DTI is increasing
I know everyone has their strategy, but I am trying to decide how best to proceed.
1.) Local market: rentals provide 17-21% annual returns for single family detached priced between 40k-70k. The market is great for b...
Deborah Smith
Opinions please - help my mother!
My mother is planning to retire, and depsite having a CPA daughter and son-in-law, she still believes she knows best when it comes to finances.
So, I am posting this so that perhaps, in your own words, you wo...
Teddy Johnson
Leaky Sink Charge on Statements
I'm always getting the sneaky leaky sink charge for under $200 on my properties. It seems like it is one of the most popular things that show up on under the radar every month. My question, it seems like it is alway...
Andrew Herrig
Help! Tenant wants me to pay hospital bills
For legal implications, this occurred in Texas (Dallas to be specific). I know laws vary by location.About 4 months ago, we had a bad rainstorm and water seeped into the bathroom through foundation due to poor drainag...
Erika Baker
Really stressed and uncertain
My husband and I bought our first property in July. We researched, read books, went to meetups for about 8 months before we made our move. Bought a half occupied 4 plex in cinci. It had been a money pit from the get g...
Jess Carr
STR Markets - where should I be looking?
With the housing market so crazy, where are people finding deals for short-term rentals these days? I prefer places out west in the mountains, but I’m open-minded. I spent a lot of time looking in the Smokies and am m...
Tommy DeSalvo
Ohio four plex multifamily - Initial Offer and Analysis
Hello BP! I've made multiple offers this year, and I've lost on all of them, either to higher bids or all cash bids. Not much I can do there, but I just put in a new offer on a property and I would like to see how my ...
Amy L. Pagels
Tax benefits for newbies - wait to close on STR until 2023?
We are new investors and looking to put an offer down on our first property in the next week as a STR. My question is for tax purposes, are we hurting ourselves in terms of the qualification of materially participati...
Dave Versch
50% Rule clarification?
Can someone give me a definitive answer on the 50% rule? I understand the concept, that your expenses should only equal 50% of your gross rent in order to get positive cashflow. But which expenses are included in th...