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Tax Implications: Paying Airbnb cleaner via Venmo
Hi All!
In Feb 2022 I bought and started managing my first airbnb. It has done well this year! But now that tax season is upon us I have a few concerns...
- My cleaner was paid about $9k via Venmo(this was a person...
Tony H Truong
Need help on how to approach pre-foreclosure home owners
Hello everyone!My name is tony I am a new real estate investor, I recently just sent out yellow letters targeting pre-foreclosure in Portland Oregon. I was Hopeing if I could use creative financing to obtain the prope...
Joe Schaak
St Paul MN Foreclosure Process
Unfortunately, the seller of a property and I were unable to come to an agreement and she has chosen to let her property get foreclosed on Monday. Her home needs a large rehab and she was unwilling to lower her asking...
Eric F.
Building a rental portfolio with Subject To/Lease Options?
Hi,
I have been thinking about different ways to get some rental properties for a few months. I was thinking a good way, before the market really rises, is get some Subject To or under a lease option, with the optio...
Brian Cooke
Sell on Land Contract, what happens if I get foreclosed on?
First things first, I plan on making 100% of my payments, have never been late on a payment, etc. I have 0 expectation of being foreclosed on, but the question came to mind and figured I'd ask as a hypothetical.Say I ...
Daniele Locke
Washington State Investment Knowledge
Hello,My significant other and I would like to get a small multi family home as our first home in Washington state within the next year or two. The plan would be we'd live in one unit and then rent out the other/other...
Inna Le
Garage Conversion Legalization in San Jose, CA
Hello BP Community!
We are trying to legalize an attached garage conversion in our investment SFH in San Jose, CA (converted 10+ years ago and purchased as is). In light of the recent changes to legislation we were ...
Kalpesh Patel
Financing through PACE program
Hello Everyone,
Has anybody used PACE financing program (such as YgreneWorks) to rehab the property and then sell? I was given a suggestion by a contractor to use that to change the damaged roof in one of my flip pro...
Peter Slivkoff
4 Plex in Portland, OR or Not??
Dear BP,
I'm currently gathering the financing to buy my first 4 unit rental property in the Portland, OR area, however I've heard some things that are giving me pause.. What I've heard is that there are good States...
Kristen Dolotina
Selecting my future Tennant
Hello All!I am in the final phase of closing escrow on a condo in Denver. I plan to manage the property myself but am looking for professionals to help fill my unit with reliable tenants and take them through the con...