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Results (8496)
Luis Guerra The 25% property management fee was killing my STR profits
23 June 2024 | 29 replies

Hello everyone,I've been managing my short-term rental (STR) in the Orlando area for a few years now. Initially, I handed over the management of my property to a company, giving up 25% of my earnings for them to handl...

Gary Crawford How I went from ~100k to Millionaire in 6 Months
19 August 2019 | 42 replies

Initially, when reading the title of the article, this sounds like a get rich quick scheme or simply too good to be true. I will keep this short and concise, but most of what I have done can be replicated by almost an...

Greg Clatterbuck To sell (1031) or not to sell
1 February 2019 | 14 replies

Looking for critical feedback.I currently own a property (10 years) that is valued at $215k, mortgage of $100k currently cash flowing approx. $600/month (not including cap ex, vacancy, maintenance).  I self manage the...

Jaylen Boswell Why I are a lot of people against wholesaling?
29 November 2020 | 22 replies

It seems like so many people (mainly agents) are against wholesaling. Everyone is demanding regulation and licensing for which I believe is the right call! What upsets me is wholesalers are just middle men the outsour...

Taylor Jones How to pay $0 in taxes on a STR generating over $120K in revenue
14 December 2022 | 37 replies

Here’s how that works:Depreciation is the act of slowly deducting the initial expense of an asset against your taxable income. Generally this is over a 27.5 (residential) or 39 (commercial) year time frame. So each ye...

Robert Jackson Is this statement used to turn down Section 8 really legal?
2 January 2022 | 31 replies

HI everyone, So I have noticed a trend among some of my fellow property owners here in Los Angeles, California. As you may know, it is illegal to deny someone the opportunity to apply for a unit simply because they ha...

Renard Miller Seller Never Collected Security Deposits
15 September 2017 | 17 replies

I am in the final stages of purchasing a fourplex in Virginia and wanted to see if others had any thoughts on what my options are. In the future, this will be a question I add to my diligence checklist, but in this in...

Donald Hendricks Capital Gains Tax at 0%
2 April 2019 | 19 replies

Ok...  I have been alseep at the wheel for a minute, so I am not up to date.I have decided to sell a rental house that I have had for over 2 years, so it is in the long term catagory.  I am selling because I moved out...

Mike Webb Under contract duplex w/ structural issues
13 September 2013 | 12 replies

Hi BP folks! My name is Mike and I have been perusing the boards for a couple of months now. Well...we pulled the trigger and made an offer on a duplex that is about 30 years old a couple of weeks ago and had the insp...

Henry Moulton At what point do you just cut your losses and leave?
20 July 2010 | 11 replies

I purchased a home during the housing bubble in a middle class area. Unfortunately, post housing bubble the area has deteriorated, renters have moved in, and my property value has dropped by fifty percent.

I'm not...