Hello, I hope everyone is doing great! Just over a year ago my wife and I started our own STR management company.  We started off managing two properties that I owned.  We wanted to flush out our systems before we bro...

The Feds recently settled a fair lending lawsuit against a seller 4inancier. This means that, once again, a attempt to use disparate impact evidence to establish that a lender engaged in a “pattern or practice” of ...

My husband (high W2 Earner) and I have 16 doors that we self-manage. However, I have an opportunity to manage for a company 24 hours a week at a small apartment complex of 56 doors locally. My question being, if I ask...

Hello BP,Does anyone out there own or know anything about operation expenses for a Hotel? I realize the salary, maintenance, and seasonal expenses all vary depending on location, class, and number of units. Is there a...

Hey guys, wondering what the locals think will be the impact of this from, here is the article from IBJ:September 6, 2016Hayleigh ColomboCarmel-based for-profit college operator ITT Educational Services Inc. announced...

There is no doubt we are living in unprecedented times. COVID-19 has undoubtedly thrown a curveball in all of our plans, at least in one way or another. My question is, are we in the beginning of another major economi...

Good Morning Everyone,
I have a bit of dilemma that I need help with, if you please. I have owned and managed a fourplex for a little over a year now. I actually LOVE IT. I love typing in my spreadsheets, taking car...

Hi there,We had a REALTOR reach out to us hoping to place his clients in our rental home. The tenant(s) are employees of a big foreign company that we've all heard of. The agent tells us that the company will guarante...

Hello all, will be continued full time W2 employee but also starting new LLC single member. Next hour or so will register EIN with IRS, best selection I have found during discovery is to establish it as either 8832 or...

Hi all,
I believe it is common to have a situation where one spouse brings in majority of the W2 income and the other is either a stay-at-home parent, works part time, etc. and they can easily qualify as an RE profes...