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BP member for years, got off for a while due to kids and being busy. RE has recently taken off and went from flipping 5 houses over 5 years to now having 2 rentals, 1 new construction home, 9 flips, 36 acres under con...
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Hi everyone!My wife and I have officially rebooted our real estate business. I wanted to post the details in case it can help others.It also serves as a little bit of accountability for us. BackgroundI started purchas...
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I'm changing jobs and will be rolling over my 401k into an IRA.I'll have enough to purchase and renovate a small cabin using cash. I then intend to have it professionally managed as a short-term vacation rental. I ha...
State is Oregon - Hi, I would greatly appreciate any advice re my legal situation. My landlord performed an unlawful eviction and conversion of my personal property. This was done after I sent 2 rent withholding notif...
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Hi All!I have a Solo 401k and the company that set-up is not very helpful in providing info on how to properly complete a 1099-R for an in-plan conversion of moving funds from the Traditional bucket to the Roth bucket...
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Hello BP!We are under contract to purchase an 8-plex in June and I'm hoping some of the experienced landlords could help with a few questions.The first thing I plan to do is talk to a lawyer about creating a lease agr...
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Looking for a bit of advice here so, please, let me have it! Background: I have a very nice, older duplex that is in a great neighborhood and has lots of charm and character - plus it's in very good condition. A cou...
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I am looking at the refi rates...and as you know investment properties are expensive to refinance. But....just a thought....is it possible to simple tell the bank it is my primary residence even though it is a rent...
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Hey there. I am in the process of closing on my first rental property, a SFH in Detroit. I ultimately found the property through my Property Manager, who had another client that was looking to sell it.When I asked abo...
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Looking for insight and advice on a potential new policy our HOA is considering around Short-term and Long-Term Rentals. This isn't approved yet and open for comments by our HOA community. I'm looking for comments/a...