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I'm second guessing some answers my CPA gave me recently and wanted to run the following questions by others who specialize in real estate accounting. Thanks so much for your time!We purchased a house, listed it for ...
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For those of you guys that still have day jobs... Does your employer know about your REI. I would like to hear the pros and cons of both sides. I will go first. My employer is fully aware that I am investor and close ...
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So I am confused. So on Airbnb and VRBO I have that we charge a $500 security deposit. When we get a booking on VRBO we receive some sort of statement saying that VRBO is holding $500 for damages or theft. On Airbnb i...
I have started cold calling absentee owners of buildings that have 2 units and up. I'll pick a neighborhood or zip code, pull the tax records of all the non owner occupied multi-families, look up phone numbers for ev...
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Hey guys, I'm sure this question has been asked before in one form or another but I'm unable to find a relevant thread. Sorry if this is a repeat. I've been studying mail marketing methods, I understand the methods, f...
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Like many others on BP I'm new to the RE world and I'm looking for guidance on how to execute a successful out of state deal on a multi-famIly unit so I can achieve positive cash flow that I can use for future investm...
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This is my first rental in a B/B+ 4bd/2.5ba area asking 2k rent. 2k deposit. Pet friendly. No evictions. No felonies. Owner pays trash, water, utilities. Responsible for mow and snow. Using mysmartmove to screen. I'...
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Quick question so everyone is talking about waiting to buy real estate(since its technically in a bubble and the recession is coming); but what I'm realizing is its very hard to get a loan during a recession except fo...
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Hi Guys,I got a funny one: My tenant called me yesterday to let me know that there was no more power in one of her bedrooms. I asked a few questions before deciding to send my handy man.....Well it turns out that all ...
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Wow BPers,
I finally did it! I finally completed my business plan and feel ready to make my intro and get going.
I've been cruising through these forums for a bit without having done a formal introduction until n...