Account Closed
Commercial property development
I have found a commercial REO property that has an existing SFR that has been converted to a retail/office space and a basement apartment.
This property is located on a busy downtown street it has a 1,000 sf basement...
Jeff S.
Food Carts
In my area food carts have become a big deal. People are enjoying great food at a very resonable price and these little businesses are sprouting up all over.
Just for fun we started talking with the owner of one and ...
Steve DellaPelle
City Inspector Just Created A Million Things to Do
I had my city inspection today to receive a rental permit and it did NOT go as planned. I spent the last month doing renovations and I got my unit looking GREAT (at least what I thought)...City inspector comes in to c...
Sheena Drake
STR in Branson/Kimberling City Missouri
I am from NE Missouri and vacation yearly in Branson. After diving into LTR in SFHs for the last few years, we are interested in purchasing a home (preferably lakefront or lakeview) with dock access on Table Rock Lak...
Sarah Humbargar
Section 8 - can the tenant run a business from the house?
We are under contract on a property with an existing tenant that has another 10 months on their lease with a HAP contract. I am unfamiliar with section 8 and we have never owned a property with a HAP contract, looking...
Phillip Gainey
What would you do?
You own a rental out of state, you fire your current property manager after only 2 months. Your new PM emails you a couple dozen photos of the property to document the condition of the property when he took over. Th...
Brendan M.
What are the tax implications of paying myself to property manage?
I just bought my first multifamily property and I have been thinking about how to maximize my tax benefits on it. If i can write off property management fees as an expense, can I pay myself (either as a sole proprieto...
Francisco Avellan
Capital Gains Tax Avoidance
Hi everyone,
I bought my primary residence 8 months ago. I intended to live here for 2 years and then keep it as a rental property. The issue is that a train track runs behind it and the vibration is horrible (litera...
JOHN DALEY
Investing in Small Towns
What do you look for in a small town a couple of hours away from a metropolitan area and are trying to buy and hold? Is there a certain unemployment rate you look for? Specific industries? A certain percentage of p...
Dawn Curry
How much do you need to retire?
I get markets, lifestyles and goals differ.. but how much passive income do you need coming in to walk away from your full time job?
We all are ambitious if we’re on BP.. so what are your goals? What is the line whe...