Bouncing off of my last post, there is also the hard money route.  How do we go about inquiring hard money lenders? Also, if once we obtain a HML, how do we present a proper rehab estimate to work into the loan?  Is t...

If there are any BP Tax Professionals that can help I would really appreciate it - my accountant isn't sure on this one.   I've made a blunder in not comparing the 1099 from my Property Management (PM) company to the ...

HiI currently own two short-term rentals and I am looking to scale in the near future.  Both were financed with conventional mortgages. However, when I was getting my last mortgage, my lender told me he probably would...

Our Pro membership just got better! We are excited to announce a new Pro Partner - Stessa - who helps investors manage and optimize their portfolios. Stessa brings accounting, tenant screening, financial reporting and...

Hello, My property is in Laguna Niguel CA. I purchased a 3 bdrm condo for $365,000 in Dec 2009 with 20% down. I now have a 4% loan but pay $280 in HOA fees monthly. I did about $16,000 in improvements - paint, carpet,...

Hey y'all, I purchased this gem recently and decided to post it here as a diary, both to share my experience with the community and to more selfishly use it as a learning tool to help improve my business. I'm currentl...

Hi BPI'm finishing up my first year as a vacation short term rental owner. I have a couple of tax questions that I want to familiarize myself with before I send everything to my CPA.I rent my property through VRBO/Hom...

Sorry if this has been asked before...maybe I'm not using the correct keywords.I am confused about the mortgage interest tax deduction. I understand that it allows the interest on a mortgage loan to be deducted, but h...

HelloI could be missing the obvious, but I cannot seem to find much information on calculating the return and benefits of debt pay down on a rental property.How do you assess the benefits of improved equity or increas...

Considering buying a short term rental - wanted to know if anyone here has had any experiences, good, bad, ugly?   The financials look pretty sound to me.  HOA's are high, but overall seems like a good bet on the outs...