Mike Girard
New investor: Minimum requirements for jumping into renting
Hi --I am a New Yorker looking to invest in Philly because cheaper and close. I am looking for multi-family units. I would like to make my first purchase as soon as possible. I have read over the Bigger Pockets Guide ...
Marvin Song
Tax deductions on partnership return for out-of-state investors
Hi Everyone!My wife and I live in NJ but own rentals in Indiana managed under IN LLC and its parent WY LLC. We are members of WY LLC with 50-50 ownership. My CPA says 'since both rentals are in another state, it is di...
Tanya Maslach
KS MO mid term for corporate / health care profess'ls?
Hi all,I'm making a trip to KS (from CO) in a few weeks and will be seriously considering a few properties to be used as BRRR's and for mid term rentals.Question for this group:a. Anyone in this area? Or invest in the...
Alysha Pederson
Trust a tenant to make repairs?
Hey BP, What is the general consensus on allowing your tenant to do work on your property? I have a prospecting tenant who is a handyman by trade. I have not gotten to know him or his work yet, but he is already askin...
Racheal Stoyk
Pets - Service Animals and Comfort Animals
Is there a difference between a service pet and a comfort pet? If there is a difference are the regulations regarding rental properties the same? Can pet fees still be applied? Lastly, what are the regulations regardi...
Lynn Smith
Unauthorized Pocket Listing???
I signed a listing agreement with xyz realty, the agent promised to market my property online, on the mls and through his office and investors he knows. First of all, I never receive any copies of what I signed. The d...
Daniel Castellanos
Possible Lead for Deals From Driving for Dollars
Hello, I am new in my journey through real estate. I have lived in Miami my whole life. I work as a traveling healthcare professional in the Miami area for the last 7 years. I joined BP as a way to kick my goal of fin...
Melanie Baldridge
Know these rules before doing a Cost Seg
The tax benefits of bonus depreciation can lead to massive savings but losses won’t help one bit if you can’t use them.
Before you buy a cost seg, you need to know the rules:
Tax all starts with the types of income....
Jamie Banks
Turning A Primary Home Into A Midterm Rental
I'm relocating to a new state next month and recently converted my house hack to a whole home midterm rental. My property is a 3 bedroom, 2 bathroom condo in Reston, Virginia. I often get asked home to convert a prima...
James Back
Should i Evict late paying tenants that won't help with roaches?
I bought a four unit property near Oh in June 2023 and inherited 4 tenants. One tenant in particular has been late with rent every month since we have bought the property. They always have a story on why its late, an...