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Hello,I am an accidental REI. I acquired my first home in Massachusetts, renovated it for myself thinking I would stay for a long time yet ended up moving to WA state. Since I renovated it to my preferences, the home ...
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Maybe you’ve heard of the marketing tip where a salesperson should never ask a yes or no question.For instance, “Would you like to by it” is a Yes or No question and often ends with a No. But, “Which one do you like t...
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So, I keep hearing about it being great to be classified as a "real estate Professional" for tax purposes. It seems the only benifit is to be able to deduct passive rental losses from ordinary income.. Since I have no...
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Hi all,I'm new to BP but have been reading and listening to as much as I can in the last few months. My husband and I live in and love LA. I run my own business here, and in the short-term (10 years-ish), I don't see ...
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So I see every one asking what to write on a yellow letter so I won't.Howevr I will ask a question about it coming from the other end.Every guru, swears by it and recommends it, write I want to$ BUY $your house.....M...
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From your own experience, what is the MOST EFFECTIVE and CONVENIENT way to collect rent from your tenants? How did you learn this?? GO!!
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Well, After almost a year of looking, getting $ lined up, networking, reading BP and basically freaking out... My wife and I have taken the plunge, we sign tomorrow and close monday on a flip in my home town... I live...
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I have been considering purchasing a 2 bd single family. Are they worth buying? They are pretty cheap but are they hard to keep rented? Anyone have experience with these? I would think that they have high turnover.
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I need help. We are getting ready to list a long-term rental home out of state and do a 1031 exchange for a STR property (maybe two) closer to where we live in SoCal. Given the income potential, we think STRs are the ...
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Hey BP!
Need some advice!! I listed my SFH with a property management company back in May. The PM initially listed it for $1450 which was a bit high for the area, but I was not moving out until July, so he said there...