Bryan Dahn
How to approach a new bank?
I have several rental properties and have either used owner financing or one particular bank. I have a pretty good relationship with this bank but they have recently gotten bought out. It is a small local bank. I am t...
Edward Barnes
tax deductions on rental property
My wife owns a condo about in 2008. I married into this pig (the condo, not my wife) as we filed jointly last year. It loses about $500/mo after everything's said and done. Doing the taxes last year it wouldn't let me...
Tiffany Bobash
We need HELP! or some motivation
My husband and I are trying to start in real estate investing and buy our first STR. This is a dream of ours (mine but he's all in and supportive). It seems every time we attempt to finally make the leap we get shot d...
Shawn D.
Tax questions. Rental property and buying a truck
I need/want a pickup truck and was wondering if I would be able to write it off as an expense for the rental property. I own a 2 family and would use it mostly for work around the house. I would like to mention I li...
Marcia Maynard
Injury While Working on Own Property
So my husband replaced a hot water heater at one of our rental properties. A bit later he notices a quarter size red spot on his hand - some inflammation and warmth. He plays piano professionally, so this could ...
Shelby Pracht
Hiring Our First Employee!
Howdy everyone! Our short-term rental portfolio has been growing like crazy, and I've recently had multiple people approach me about managing their short term rentals for them as well. I'm excited to try my hand at th...
Tisha J.
How should my LLC acquire existing properties NOT owned by me
My fiancé has a few properties that he owns outright (no mortgage/liens... etc) and we want the properties to be owned by my newly formed LLC (single-member with me as 100% owner). What is the best way to accomplish t...
Tony Lin
Starting a company/LLC for passive investment, overkill?
I'm planning to get involved in a few apartment syndications as a passive investor, potentially doing a small apartment myself few years down the road if I learn enough. Is it necessary to form a company or do an LLC ...
Mitchell Sorkin
First BP Post, Introducing Ourselves and Looking to Chat!
Hey Guys, My name is Mitchell. My brother (@Andrews24) and I have been extremely passive members on BP for about a year now. We’ve observed the forums here and there and listened to a podcast or two. My brother has pa...
Chance Cooper
Primary income?
Just curious...I see alot of people on here that buy and hold property to rent out as sort of a hobby or future retirement and some of you have been very successful. If you dont mind sharing, how large is your porfoli...