Jason Port
First deal ever...any advice?
OK, I recently got into the business...and when I say recently, I mean like 2 months ago. I haven't put a deal together yet but, I was wondering if any of you guys could tell me what you think the most important firs...
Jeremy Rhodes
Underwhelmed with tax breaks of owning investment property
I am doing my taxes myself via turbo tax and I must say I am underwhelmed with the tax breaks I am getting for owning a rental. My wife and I have strong W2 earnings at about 250k combined and it doesn’t appear that a...
Leonid Solomonik
Buying properties in FEMA flood zone
Hi everyone,
Has anyone dealt with purchasing properties in FEMA declared flood zone? Any word of advise besides additional expense on flood insurance. Many properties in CO got flooded last summer and were c...
Justine Scheuher
$1200 for a CPA a reasonable amount for W2 and small LLC?
I used a CPA for the first time and just got my bill $1200. I am a W2 and have LLC with 2 properties that I've kept good records for. My return was only for $1,200...
Josh Dotzler
Aligning Investor's Goals with Property Manager's Goals
Hello BP Investors,I have been in debate with another property manager about the merits of an alternate pricing strategy. I would like to hear the opinions from investors and other PMs out there.Typical PM Charges for...
Rob C.
Entity structure on out-of-state rentals and no CA franchise tax?
This topic is just in regard to California residents with properties *outside* of California. Assume a California resident sets up an out-of-state trust, which in turn is the only member (and manager) of an out-of-sta...
Jake Recz
HELOC Closed! $94,000! It was quite an adventure!
Hello. This is probably not as much of a success story as I often see here but... To me, this is big. We bough the property at the end of 2015. All cash. $54k with closing costs. Owner occupied. We renovated it big ti...
Dustin Sanders
STR Bookings Slow & Daily Rates Low?
Is anyone else experiencing slow bookings? I am in 3 different vacation heavy markets and my April & May calendars are at about 25% occupancy.
Victor Baronich
Rental repairs wiping out profit
Hi, I have been into rentals now for about 4 years. We currently have 12 rentals, all sfh's. What I am finding is that essentially we make no money and probably lose money slightly overall. I was very careful when ...
Robert Granara
multi families for cash flow
any other investors out there buying multi families for cash flow...most of the investors on this site seem to favor single families for cash flow, but to me it seems you get better cash flow on 3 family properties th...