Amy L. Pagels
Tax benefits for newbies - wait to close on STR until 2023?
We are new investors and looking to put an offer down on our first property in the next week as a STR. My question is for tax purposes, are we hurting ourselves in terms of the qualification of materially participati...
Kevin Suttles
Out of State Investing
Good morning BP Family ! I am looking to invest outside of my home market. Based off of an experience you may have had, what are some things I should avoid and things I should focus on. I know putting together a good ...
Michael O'Byrne
Should I move from FSBO to a realtor?
First, here is some background on this deal. My wife and I are new investors located in Houston. This is the second home that we have rehabbed. I thought we made every mistake in the book on the first house, but aft...
Peter Morgan
Tenant running AC at 61F outside temperature
Hello,The weather outside my rental unit is 61F and my tenant has already started running his centralized AC perhaps he thinks we have already hit the summer. Is this normal? I am bit worried there may be adverse effe...
Jonathan W Holmes
Opinions on REI Club First Meeting
So I'm new to REI but moving quickly to get my business moving. It's going pretty good so far and meeting four sellers next week. One of the first things I did was to attend a nearby REI club meeting. Now I underst...
Annette Torsarkissian
Advice on my Absentee owner letter
Hi guys, I hope everyone is enjoying their thanksgiving holiday. I am working on mailing my letters to an absentee owners list I have. Before I print and send them off I was hoping I could get some advice on the wordi...
Douglas B.
Do you run background checks on ALL tenants, or just the one signing the lease?
(a sub30kclub topic)
I'm thinking about renting a duplex to section 8 tenants. To protect myself, I'm thinking about insisting on running a criminal background check on every person who will be living in the...
Tim Wittenborn
Trying not to get impatient with auctions....
Hey all,Some history about us, my partner and I flipped a house that we bought as a HUD foreclosure. We profitted nearly 60k on this property and we are now sitting on roughly 110k in cash. Our goals were initially ...
Bobby Hughes
Need advice on Flip
Hi everyone,I am new to real estate investing. I decided to purchase my first house for a flip a few months ago. I purchased the house, built in 1950, for $49,000 with funds from my newly formed Self directed IRA set ...
Chan K.
Buying - Multifamily - Rental Transfer
Hi BPer,I am in the process of closing a 6-Unit multifamily. I would like to seek your opinion on the following scenario:The seller won't share any tenant information with me, except the name of each tenant for all 6-...