John Collins
Security Deposit for 20 lb dog?
New tenant is looking to a get a fully grown dog (20 lb) in a couple months - the space has new floors. With a new dog you can't really tell how well behaved he'll be or if he'll act up. How much extra security deposi...
Craig Lessler
Airbnb - Active or Passive - Deductibility of Losses Schedule C
I have a long term rental (SFR) which I converted to an Airbnb in October 2019. My property manager is acting as the host and we have already had multiple bookings.
Questions:
1. Is the Airbnb considered "Active" ...
Wendy S.
Transitioning from Self Management to Property Management
Good Day everyone!So house hacking is talked about a lot and even serial househacking. Ok, I agree it has served me well with the few I've done and allowed me to quit my day job with income left over to save a tad mon...
Kimberly Gamez
I have questions regarding 1031 Exchange
We have been investing in real estate for over 20 years but always buy and hold. We are selling on our first flip and I have another house under contract. I would like to file a 1031 Exchange to differ capital gains. ...
Tracey Leung
Inspection Report - Structural Remarks
I am in process of purchasing a turnkey property (built 1969, 3 bed/2 bath for $139k.) The inspection report came back with some minor findings. There is a structural finding: "Unusual settling cracks and significant...
Connie Bhimireddy
Any Pros swear by BP Calculators?
Curious, as Pro members and having unlimited access to the BP Calculators for deals, do any of you actually use or RELY upon them? I've used the Rental one, but also curious about the others. Any flaws you've seen, l...
Shaye Mora
Do we still shoot for the 2% rule in today's markets?
In today's markets, do you find yourself still shooting for the 2% rule? Do you focus on a 5, 7, or even a 10% cap after all expenses? Do you focus on $200 a door? As investors, what deals/numbers are striking you to ...
Nate Pummel
Purchasing my grandma's house...need advice
I'm new to real estate investing and I'm looking to get my first deal. With the Denver market being so expensive I've been looking to invest in another state, possibly turnkey. Well, I might have found a doable deal...
Ryan Ray
Facebook Ads Help and info
Hey BP,
I have spent a lot of time, effort, and energy learning how to use Fb ads efficiently in my business. I am about to launch my first campaign looking for motivated sellers. Who has used Fb ads? Have you had s...
Engelo Rumora
Owning a gas station
Hey guys,
I hope your well.
Does anyone have any experience with owning a gas station?
The station also includes a convenience store and the billboard hasn't been utilized for income. How do you e...