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From my research, I understood that my rental property paper losses could offset my W2 income/capital gains if: (1) my AGI is under $150k, (2) the property is a short-term rental, or (3) I have a Real Estate Professio...
Hi, I am getting ready to send my first direct marketing campaign, focus is to vacant and run down house owners. Are people using their regular email and address for contact information or creating a separate email a...
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Hi Guys,I was just pondering the idea, that it would be nice to be able to setup a group or join a group within BiggerPockets, that focused on my local market here in Kansas City. Does BP have a Groups feature that ...
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Hello BP community! We are just getting started with our first mobile home flip and we bought the home for around $5k from a local park. The park is doing improvements to get the home to code, fixing the skirting, etc...
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This might be a dumb question, but I own a 4 unit property and have been hit with two $50 fines stating"Violation Code and Description:107141 - Premises not litter free"Basically trash bags being on the property outsi...
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Hey BP,I am very close to closing on a duplex which is about 3 blocks from my 3 family home (my current residence). I will be moving into the duplex once I close and I will rent out the unit I currently live in - leav...
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I recently purchased a 3 family with very limited parking. Two of the units are occupied and I am having trouble renting out the 3rd unit with such limited parking. We have a winter parking ban in this town and the s...
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Hi all,
I've been a REI for about 3 years now and have finally decided to make the leap and do more deals (the last time I made a deal was 3 years ago, when I started).
I've been re-educating myself (books, web) for...
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We have a long term property in Myrtle Beach that we are going to start renting out. The wife has been contacting property managers in the area. To date they have been, um, disappointing. Bad communication. No follow ...
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Scenario 1: The wood floors need to be refinished because dog urine has ruined them and the pet deposit doesn't completely cover the damage. Can part of the security deposit be used to cover the rest?
Scenario 2: ...