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Results (1062)
Account Closed I disagree with my accountant on interpretation of the de minimis
11 November 2018 | 31 replies

I dove into the IRS code today, and I think I have an airtight argument that the de minimis rule applies not only to personal property like refrigerators and computers, but also to materials and supplies used in impro...

Seth B. Bought my first rental property
23 February 2015 | 30 replies

Hi, my name is Seth and I am new to BP.

I just closed on my first rental property and wanted to get some feedback from people on weather they thought it was a good buy for a first timer.

The property is...

Isabel Anness How much cash did you need saved to feel comfortable purchasing your first property?
13 March 2023 | 39 replies

I realize this question is incredibly vague and depends on a whole plethora of factors…In general, what benchmark or criteria did you use to feel financially “comfortable” investing in real estate? I graduated last Ma...

Jennifer Hillberg When do you form a corporation?
7 February 2007 | 9 replies

Hello, I'd be interested in any advice/opinions people have on forming a corporation (LLC or S) to protect assets.

I have 3 rental houses that I've aquired over the last couple of years. I plan to jump into real es...

James Brand BP LETS TALK CEILING FANS!
18 December 2015 | 15 replies

Okay so I have held that the more amenities you offer in a rental that can break easily, the more time/money a unit will cost you. I lump ceiling fans into this equation and I was planning on removing the outdated one...

Michael Nahm AirBNB won’t issue a refund
8 November 2021 | 10 replies

Hi all, would appreciate some objective feedback as I only own LTR’s and not STR’s.
My family and I recently booked a trip to Europe and used AirBNB for accommodations.
The first place we booked was for 2 nights and...

Sanjiv Mehta What to look for when speaking to hard money lenders
1 June 2021 | 8 replies

I am speaking to quite a few HMLs for a new construction project. What are the thing to look for when vetting these HMLs? What are the ways in which a HML can turn out to be bad? Thanks.

Natalie Z. Firing Property Manager mid-lease - is there a how to checklist?
7 February 2020 | 14 replies

CA SFH, tenants in the property for 2+ years. All seems great with the tenants as far as I know. No late payments or maintenance requests. My issue is with the Property Manager. Specifically 2 areas: 1. Ive asked mult...

Andrea Jones Not sure if this a wise business decisions, thoughts?
19 November 2014 | 23 replies

I've recently started researching properties to buy with cash, and use as rentals, then (possibly) selling if the market increases enough. However, it seems like I'm missing something. The area I'm looking in has larg...

P M Moving from 30-yr to 40-yr mortgage for cashflow: Good or Bad Idea?
2 April 2009 | 8 replies

Greetings-

My wife and I live in a condo whose value has appreciated considerably in the last few years. Instead of selling it as we move to a bigger place, we would like to refinance to get a lower monthly payment...