So after 2 years my quiet title action is complete and I am prepared to build. I have a few questions to ask as far as the steps needed to complete:Before I begin interviewing builders, is there anything I should be d...

Hi all, I see many people asking in these forums what costs to keep in mind when estimating a property that will be turned into a STR. I compiled the list below with the most relevant items in my experience. What cost...

The Landlord insurance policy quotes I am receiving has a high deductible for Wind/Hail/Named Storm coverage which effectively means replacing the roof would be out of pocket for me which defeats the purpose of carryi...

Really thought I would have an easier time finding a consistent definition of this by googling.

Can someone lay out for me what of the following goes into the expense part of the 50% ratio?:

[/u]Hard, real costs (eg...

Hello! I’m new to the MTR game. I’ve been doing LTRs for a few years. Can you provide me with some guidance on lease agreements for MTRs. For example, I lease a property on furnished finder for 3 months. Is the lease ...

Hello BP Flippers & Rehabbers...I'm thinking about implementing the rehab/flip strategy.  I have 2 questions for folks who've completed 3 to 5 flips/rehabs.1. What are the 3 things look for when selecting a contra...

A question that we get:
"Does the IRS require site visits for cost segregation studies?"
While the IRS does not mandate a physical site visit, the IRS cost segregation audit technique guide (ATG) does suggest conduc...

Hi,Well it's finally here! My first STR. I've been reading/listening/learning from BP for over a year and finally felt ready to pull the trigger. Please have a look at my listing and let me know what you think. I valu...

Can anyone share or recommend a fairly boiler plate disclaimer / advisement to include in our "guest book" and also check-in instructions for the STRs that we own? Context: I am also a Realtor in CO and for us it's be...

When people discuss cash flow, are they referring to the cash flow before, or after, the write offs for depreciation and interest payments?