Henry Lazerow
AIRBNB is siding more and more with guests
Just a warning. Recently lost a $700 booking. The guest had only one 3 star rating and it auto accepted her. I now have changed it to manual approval it is a lesson learned. So first day she arrives she calls me and s...
Jon Huber
Adding special assessments to leases... and how to structure it?
Hello BP... I have a rental in Los Angeles that just underwent a special assessment to paint the entire property. I was very happy, as I was breaking even with my numbers, but I was just hit with the $3,600 assessme...
Talmadge Billingslea
Wholesaler wants $10k to remove a Memorandum of Contract!
I have been working in the real estate industry since 2003, and I must say that I have never encountered the issues with wholesalers that I am currently facing. In March 2022, we entered into a contract to sell one of...
Emily Holbrook
Property management fees -- do these look average/fair?
Hello,I recently purchased my first rental property -- a 3/1 SFH in Detroit. These are the fees my property management company supplied in its contract. I'm curious if these seem reasonable/fair. Any thoughts are appr...
Sam Bauman
Multi-family with my brother?
Hi everyone! Big fan of BP but new to the forums. I am just starting in my career and in my fascination with househacking.I have a question regarding buying a duplex: Given my circumstances -- should I go in on a deal...
Travis Andres
Dallas/Fort Worth STR ban…
I know I’m late to the dance, but just found out about the STR ban in the DFW area, but I still see a TON of listings on AirBnB…Is anyone on here still doing STR in those areas? If so, is it just a gamble in hoping yo...
Nathan Burnett
Does Missed Closing Date = Voided Contract?
Hey All! Would like to get your input regarding the validity of a purchase contract..Scenario: Closing date has come and gone, because the buyer's lender took longer to process the loan than expected. The buyer and se...
Nick M.
How to deduct personal labor as an expense for a rental?
I purchased a rental property in 2009 and had to do major remodeling before it was ready to rent. I do not have an accountatnt yet but planning on looking for one to have my taxes done this year. This is my first ren...
Nick Hulme
Seeking Creative Title Strategy Advice
Background: My wife and I live in San Jose, California, where we are renting a basement apartment from family for a great discount. Both of us have corporate jobs with decent salaries, so we are saving about half of o...
Alan Davidson
Investing in Alabama; scared of crime rate
Live in FL. Been looking at investing in AL. All the financials make sense especially in Huntsville which seems to be one of few bright spots in AL as far as growth and low unemployment.Nervous about the crime rates...