Kyle Shankin
"Learned" something odd about 1031 exchanges
I'm hoping someone who's done a 1031 exchange before, or a CPA, can swoop in and drop some knowledge on me. I was over at my CPA's getting my taxes done and talking strategy for this year when the idea of a 1031 excha...
Joon Kim
Seller asking for 100k on top of asking price for STR business
Looking to purchase my first property for STR and looking at an existing STR business.The seller is asking for 100k on top of the asking price for basically the right to continue using the property as a STR as well as...
Jonathan Johnson
6-unit apt, all vacant, cat-lady "tenant", distress Landlord
Hello all,Long time lurker, first time poster so be gentle.I live in a small college town and I found a 6-unit apartment that I'm considering purchasing. I have a friend currently renting there ($600/mo) but he's movi...
Bruce Woodruff
How are everyone's STRs doing right now?
Thought I would check in again, it's been a few months since someone asked this question. Of my 2, one is pretty full, but it has a nearby attraction that supports it. The other is just dead. One booking next week, bu...
Matt Snow
I just sold a property using BitBay’s blockchain smart-contracts
I just sold a 5-acre lot in San Bernardino County, CA, to a buyer in Norway, using cryptocurrency and BitBay's trustless smart contracts. The last year and a half has been spent putting together a land business (based...
Jesse M.
Where to stash cash for short term?
Howdy. I'm looking for recommendations on which vehicle I should use to stash some funds to be used at a later time. Let's say it's more than 10k but less than 200k. A friend suggested municipal bonds but I'm not sure...
James R.
Tenant gets "Attitude Adjustment"
I sometimes have to give tenants, what I call an "attitude adjustment".Below is an email that I sent to a tenant. In her email, she talked about invoicing me for when she had to talk to the utility company. I sent t...
Jody Young
Real danger of asking for private money - long bitter post
I debated on posting this because the incident has discourage me so much. But here it is:Last Friday I arrived home to a business card from a detective from our police department. I had just got home from visiting my ...
Bethany Davis
DoHardMoney.com user review?
Has anyone here used DoHardMoney.com as a hard money lender? They're listed in the directory here on BP but I wanted to see if anyone who has used them could share their experiences with them. Thanks!
Dean Attali
Dealing with a very expensive demanding new tenant - suggestions?
Hi BPI'm a new landlord after purchasing my first SFH in September, and my property manager placed a tenant in the house starting November 1. In the 7-8 weeks that the tenant has been there, there hasn't been a single...