We're closing on our first STR next month (yeah!) and need to get the property set up for renters. Please tell me about some of your favorite STR furnishings/kitchen items/bedding/towels/security gadgets/etc.  Put on ...

Has anyone done a cost segregation study, and what are the pros and cons?  Has anyone used Engineered Tax Services for this study?  It all looks good on paper, but I wanted to see if anyone has some real world experie...

I have two questions that I hope you all can help me with. I'm looking to invest in my first property this year. I have equity in my home and wanted to know should I use the equity as a down payment? I would like to i...

Hello everyone. It's 12/28/21 and I am listing my house for rent (it's empty right now).  I have a person who is going to send me back the rental application and a few interested people to want to see the property.Thi...

I have a question regarding a 1031 exchange.   I just purchased my first flip and should make a nice return on it.  My question is, with a 1031 exchange do I have to find a brand new property or can I use the proceeds...

Hello! I joined BP just last week.I've been casually reading some of the Rich Dad type books for several years - my husband and I are now finally in a position to consider real estate investing and I'm excited to be p...

Hey guys, looking for some advice. I just closed on my first rental last week. The sellers move out in 3 days. My wife and I went ahead and posted the house on the community facebook page a few hours ago and got tons ...

Hey everyone,What a way to start my introduction to this community, but currently I feel terrible. I'm near 30, and feel like I made mistake after mistake in life. I'm working a job I could've had out of High School t...

In 2005 my oldest brother asked me how my house sale was going. I mentioned it went under contract in three days and we were making $125,000 profit. I was in the military and would be considered lower middle-income at...

Just watched the 60 minutes special on the homeless crisis. Very concerning when you realize that we are part of the problem. To keep our business profitable we absolutely have to screen tenants for felony’s, rental...