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Hello all,Background:My wife and I were recently walking around one of our favorite neighborhoods and some of our friends gave us some info regarding a house on their street. It has been vacant for 1 year due to a old...
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“You must be the person you have never had the courage to be. Gradually, you will discover that you are that person, but until you can see this clearly, you must pretend and invent.” ? Paulo Coelho````````````````````...
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I'm working on buying my first investment property in Oklahoma City (where I also live). We made an offer and it was accepted and right now we are in the inspection period. It turns out that we are dealing with a whol...
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I have a tenant claiming she did not receive the rent increase. For the past couple years we have sent two.I mailed it through regular mail. It's for a rental in California. Non-rent controlled.The rent is automatic...
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Unfortunately, I lost my Mom a few years. As a result, I have a beneficiary roth ira. This is a great asset because any profits are tax free and distributions are not penalized or taxed. It is currently self-direct...
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I am under contract to purchase a RV park on seller finance with closing set for tomorrow. This started out as a cash deal but after numerous conversations with the seller, we came to seller finance terms with 55% dow...
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Hi BP Community. For those who have ever been in the situation on booting a month-to-month tenant to remodel unit and rent for more cash, this question/situation is for you :)
I currently have a side studio to my sin...
I recently created a Single Member LLC, mainly because I don't have trusted partner(s), so I didn't have a choice.Is it true that SM LLCs do not have to report federal taxes and all profit/loss activities should be re...
Most people get started in Airbnb because they have an extra home or somehow have access to a secondary property that they think will be a successful vacation rental. This is a great way to get started because taking ...
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Hello folks,
For those that have house hacked while renting out bedrooms to tenants... how do you screen them? This seems a so much more personal when you have to actually share the same living space with tenants. ...