From what I've read in the forums it seems that conventional wisdom here is it's best to hire only contractors & handymen that are insured. I adopted this perspective when I started as a landlord as I tend to trus...

Landlords and Property Managers should stop inspecting occupied rentals.For residents, an inspection feels like a prison shakedown without the cavity search.For owners, negative goodwill with the residents and some ph...

I dove into the IRS code today, and I think I have an airtight argument that the de minimis rule applies not only to personal property like refrigerators and computers, but also to materials and supplies used in impro...

Hi all,
Long term BP member but infrequent poster. I currently rent in SF (SoMa) but starting to consider a MF purchase in Q1 using a FHA loan. The idea would be to move into one unit while renting the other(s). I do...

Hi everyone, New to the multi family investing, me and my wife are purchasing our first property it’s a duplex in a very good location. ( in Johnston Iowa ) everything a tenant would ever need is only 10-20 minutes aw...

I have observed that investors consistently IGNORE the fact that their time sits idly in a bank account when they tout their "AROI" on their projects. This is quite puzzling to me and I was wondering why people do it...

As a new investor, especially in the world of multi-units, I'm sure you have come across a ton of buildings that are being sold "as-is" and are required to write that into the offer that you send over. Although it see...

Hi everyone,

So I understand the basic concept of a subject to agreement, where the seller agrees to sign over note or deed to the buyer, and the buyer begins making payments to the existing mortgage in lieu ...

Hi,I wanted to know what were the rules associated with Airbnb or Vrbo in the Watauga County in North Carolina, more specifically in areas including Boone, Blowing rock or Banner Elk or other places in the High Countr...

Hi Everyone...
Working with a partner on our first flip. We don't own the house (a friend does), but we are putting all the money into the renovation (the friend is carrying the mortgage on the property). My partner a...