Josef Bryan Gerster
How can I increase mid week bookings?
My cabin has been consistently booking for the weekends since we launched a couple months ago with the average person booking 2 days in advance. The issue is trying to get bookings Monday-Thursday. Any suggestions? Is...
Ori Skloot
How Much Do You Pay your CPA for Tax Preparation?
Hi Folks,How much did YOU pay your CPA for tax preparation and filing 2016 taxes?I just got my bill from my CPA for preparing my 2016 taxes - $4,200. Feels steep to me. I am filing in California and I bought one n...
Annette Hibbler
What's holding you back? 10 Steps to Make A Move
Unable to move forward, fear of the unknown or of making a costly mistake, “don’t know where to start”?
Biggest thing holding investors back is unsure how or where to secure financing.
There are so man...
Andrew Katz
Should I Keep these Tenants?
I've been living in my current house hack for ~1.5, and I placed my tenants in September 2023 (lease is up at the end of August). The house is a new construction in a Class C neighborhood.The tenants pay late rate ~50...
Kirsten Mastro
Do I need Nevada based LLC
Hi everyone. I'm starting up a real estate investment business. I've heard the maximum m asset protection comes from setting up an LLC in Nevada. Nevada Corp Headquarters (than Merril's company) has contacted me to ...
Daniel Dietz
Using gifted or ROTH IRA funds for downpayments?
Hello,I am looking for a little advice on the best way to use a couple of different types of money towards down payments of a couple of properties that we want to buy at pretty much the same time (retiring landlord se...
Julian Pilate-Hutcherson
Visiting Investment Properties Out of State
FOR THE LONG DISTANCE INVESTORS ON BP. After reading posts about out-of-state investors owning/flipping many properties they have never seen in person before due to today's technology, I began to think... are there an...
Shane Paula Wood
Advice: Start small single-family, or start small multi-family?
We are relatively new to real estate. We’ve owned two rental properties one of which we recently cashed out of. We decided to pay off some old debt and we have about $5000 liquid cash left to reinvest. We found a coup...
Alex Young
Starting an S-Corp in Illinois
Have been flipping for several years, and now is the time to start protecting myself while growing.Has anyone in Illinois filed for a S-Corp? Can you give advice on the process? How Illinois may differ from other sta...
Alex Price
What percent of income is positive Cashflow for large portfolios?
For large real estate investment companies (100 unIts+) with in house leasIng, management and maintenance. What percentage of income is generally positive cash flow? Where I live there are companies who own 10,000+ un...