Hi BP experts, I’m a busy professional in the Bay Area, trying to get into property investment. I don’t have time for all the house flipping or maintenance, so most likely just want to get a rental property to provide...
I have been in a good/bad dilema for some time based on my success as a real estate professional. Since we are growing and taking on new projects, my write offs have steadly increased or at least kept pace with my i...
Hello all Need advice (I think), Started in Real estate 3 years ago with 160k liquid cash to begin. I've always had the hands-on I can do it if anyone can mentally so my plan was always BRRRR (fixing ugly homes). Curr...
Hello! My husband and I are getting ready to list our first property on AirBnB. We're a 30 minute drive from it and in the beginning we'll be the ones turning it over but I'd love to know how distance hosts manage pre...
I purchased a duplex and want to submit my appraisal to the county in order to hopefully lower my taxes. After looking over the appraisal I noticed each unit was listed as 3 bedrooms instead of 2. She Is counting t...
Do you landlords allow tenant to make repairs/updates to the property themselves on their dime?
It’s something we have stated we will not pay for so they have asked permission to do it themselves? If so do you ask t...
Hello BP, really hope you can help with this one!
I am in Harris County Texas, more specifically the city of Katy,TX where public works, school districts and such are part of the tax bill PLUS additional fraction of ...
I’ve been following the Bigger Pockets movement for a few months now and I’m getting closer and closer to making my leap into real estate. One road block/scare I’m facing is vacancy. Once I get the deal I want and hav...
I am a new landlord renting out my first rental property. Does the IRS consider rental income as regular income and tax accordingly (30%)? Are there any special tax breaks or deductions?
I created a system to find motivated sellers. I am now finding about one a week or so, that are ready to sell now or in the very near future (probate). I got my license last year, but I'm green in real estate. I hav...