I was just informed by my property manager that my tenant was just jumped and robbed. As of now, I don't know who this person who jumped and robbed my tenant came from. Do you have any tips or advice on how I deal wit...
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I am considering selling a property via owner financing and want to understand the tax implications pros and cons. Please share any pointers including the obvious ones as I am new to this. Also is there some way to do...
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If a contractor breaks something new you are putting in the house (i.e. granite counter top) is that typically the responsibility of contractor to replace or is that the investor that takes that loss?Is it common or ...
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I have a question regarding probate vs lis pendens. The property goes to the judicial sale (homeowner deceased, left balance on the mortgage) but looks like there is a probate involved as well (probate was recorded a...
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I'am relatively new to USA flipping business but have a strong experience in other countries with a different kind of accounting/tax systems . I have looked through the search but have not found something correspondin...
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For those interested in the Honolulu market and/or more generally locations with significant supply constraints, here is a recent story from Bloomberg.Bloomberg notes that property values (condo prices) have almost tr...
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My partner and I were in contract on a wholesale property that we plan to flip. The wholesaler just called saying that the title agency found out the status of the property was actually in foreclosure. It was thought...
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Hey Everyone - We've released some huge improvements to the BiggerPockets Blog this week that are designed to make your lives easier and I wanted to share . . . 1 - Added our main blue navigation bar at the top of the...
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First, appreciate all the replies to this topic. The reason I post this here is because I got totally different answers from two CPAs
Here is the story:
I bought the house as investment property and run it as STR fo...
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Hello all! I am in the market for a STR and need to develop a system thats hands off. I work over seas and will not be available for day to day problems that occur. How does everybody build their STR business to be...