David Lao
Depreciation to offset W2 income
This is a hypothetical situation. Billy has a day job earning $100,000 per year in California. He wants to build a real estate empire in his local market as the king of residential real estate (1-4 units). What value ...
Mike R.
Joshua Tree Short Term
I own 2 STR in Big Bear and manage / Co-host 10 others. Now looking into Joshua Tree. I know many buy in Yucca and still do well on AirBnB / Short Term - but is it better to be in JT proper? Does walking distance to ...
Jay Helms
Mentor or Mastermind, which one?
If you had to choose one over the other, would you rather have an experienced Mentor or participate in a Mastermind, a group of like minded individuals pushing you to succeed while holding you accountable. Forbes defi...
Dina Abbott
Tenant keeps making improvements on the house
I am renting a house to a tenant that keeps making improvements to the house. He put in a backsplash in the kitchen, put up larger fence doors, light fixtures and fans, etc. I keep telling him to stop and he says don...
Mike Mazzucco
Emotional Support Pets After Move-In
Hi Guys,Brand new landlord here and was hoping the BP family could help.I had some tenants move in and signed a lease indicating no pets and making no meantion of any emotional support animal.One month after move in, ...
Ryan Urban
Making Real Money in REI
There's an old saying in the writing business: "The only people making money in the writing business are those who are teaching people how to make money in the writing business."
As I look around the current REI land...
Sean Dezoysa
What creates the negative stigma about mobile homes?
Is it the types of tenants they attract, or a deeper social influence that the parks themselves create that apartments and other "tight living spaces" do not?
I must have poor intuition for this sort of thing, becaus...
Arlan Potter
Do you want to pay your tenant's unpaid water bill?
The Oklahoma Senate has passed a bill to go to the house. Senate Bill 695. The purpose of the bill is to allow Cities to find someone with deep pockets to pay delinquent or unpaid water, trash, and sewer bills. Accord...
David Olson
What would you ask a wholesaler?
So I was at a recent REI event and I ended up winning a free 1hr mentor session this upcoming Friday with the co-founder and managing partner of a large wholesaler. Being the newbie I am, I would like to reach out to ...
Raymond E. Hopkins
IN A WORLD OF APPS; WHAT ARE YOUR FAVORITE APPS FOR REI?
In a world of APPS; what are some of your favorite apps for REI? I just purchased an IPAD for business purposes (tax write off). I have the MLS listing apps; such as Zillow, Trulia, and Redfin. I also have heard of...