Vonetta Booker
Turning a 2br into 3br for flip?
Has anyone ever flipped a 2br into a 3br? I've got my eye on a decent-looking REO property, the numbers are okay--but it's a 2/1. The existing 2 bedrooms are very large & light-filled--and there is a smaller dow...
Drew L.
Buying Second Home, Owner Finance, Medicaid, Tax Implications
I am buying a vacation cabin from an elderly family friend, no relation. I have questions how to structure the deal. The lady I'm buying from does not have much income, retired teacher and they made some choices ear...
John Coyle
New overseas investor reaching out the BP community
Hey everyone! My name is John and like many of you (or all of you) I plan on investing in Real Estate in the future. I am from Ireland but live in Dubai, Ireland and spend a few months of the year across USA - Mainly...
Ryan Ford
What items do you include in your capital expenditure fund?
So I am almost finished with the book Rental Property investing, which is what brought me here to the forum. Something the author emphasizes is the importance of calculating capital expenditure into the equation when ...
Saji Ijiyemi
Contractor doesn't want Payment Reported to IRS. Will I be able to take deductions?
Hello -- I need to do a major rehab on a rental property that will cost about $50k-60k but the contractor does not want 1099 and wants nothing to be reported to the IRS. I want to be able to claim deductions. For tax ...
Bryant Xavier
STR vacancy ideas
Hey guys. I'm a STR owner / manager located in Texas (Bryan /College Station, TX specifically.)
Question: I am wondering what are some things you've done in the past at your short term rentals to fill the vacancies d...
Allen Duan
Who's doing MTRs in Richmond?
Hello, I'm new the the Richmond market and doing some research into the MTR demand and rates. If you have a MTR in Richmond, I'd love to hear from you.Specifically, I'm looking to learn:-How much demand there is for M...
Nicole Heasley Beitenman
What are the "rules of thumb" for self-storage
I may have an opportunity to aquire a small self-storage company with about 32 units. I know all the rules of thumb for residential real estate--the 1 or 2% rules for cash flow; the 50% rule for expenses; 5-10% for va...
William Stokes
Avoiding the middle-man
So I occasionally browse the Craigslist "housing wanted" section to look for potential tenants. You know... for a realtor, 1 rental contract pays your gas for the year, another pays for your phone bill, another pays f...
Marco Morkous
Humbly Need a mentor..
As the title lays out. I need a coach or mentor! This will be mainly real estate based. My current strategy is to brrrr a few SFR and hopefully do it well so I can move on up to duplexes and keep scaling up. I’ve clos...