My wife and I are looking to capitalize on the equity on our home and start getting into the STR world. We have recently gotten a HELOC and are looking to start making the steps to buy a rental property. Being complet...

I need some advice on managing my property manager. Particularly when it comes to maintenance requests.

Some context: I own two small multi families in Cleveland and they are managed by a PM company (B2B property m...

My client, let's call him Paul, was not happy to owe the IRS $100k - the tax penalty of having a successful flipping/wholesaling operation. So, based on his buddy's advice (sounds familiar?), he ordered a cost segrega...

Hey guys, i'm pretty new to REI, and I had an intetesting conversion with my grandfather the other day. My grandpa has a pretty impressive portfolio of SFR and small multifamilies worth about $5,000,000.... and it's a...

Hi Folks,

Our friends at the IRS are auditing my 2009 return, mostly because of my real estate professional designation.
I have a full time job and the rentals take up all of the rest of my time and I easily spend mo...

My BP Landlord Community,

One of my tenants messaged me and told me that she won’t be able to pay her rent on the due date. She will need two weeks extension. She sounded very confident as she had done someth...

BP,I am stoked to say I have closed my 10th property in last 7 months.  I started looking on BP about a year ago.  I was on a business trip to SD and had a lot of drive time.  I must have listened to the podcast for 1...

*Disclosure I am speaking to an attorney on the matter this week, but wanted to share and see if anyone has had a similar experience or knowledge in this matter?So unfortunately my contractor was late in getting me a ...

Hello BiggerPockets,After about half a year of learning and searching for my first investment property, I've finally found a property which I plan to “house-hack”. We are in contract now and the inspection period ends...

I'd love some advice.  I purchased 14 townhomes eight years ago for $120K each, and they are now all worth $350K.   Total value is $4.9M, and I owe $1.6M.   My goal is monthly cash flow.  I'm about roughly $11k right ...