Looking for info on any potential tax benefits of STRs. What can be deducted? Is it more beneficial to have it structured under an LLC? Are there benefits if an ADU is used as a STR (I am in California)? I am aware pr...
I will preface my question by saying that I am brand new to real estate investing and I lack just about all knowledge on the subject so forgive me if this is a stupid question. I have it in my mind that I would like ...
Hello everyone, my name is Kyle and I've recently decided to begin investing in real estate. After finding myself on BiggerPockets almost daily reading through posts, I've decided to join!Long-story short, I've create...
Hey BiggerPockets. I had a question here: I am newly getting into virtual wholesaling and I found a fixer-upper property in Idaho for $110k. If I called the landlord of that property and pitched a deal for around $90k...
Screening tenants is an important step in the property management process. By thoroughly vetting potential tenants, you can ensure that you choose reliable, responsible renters who will pay their rent on time and ta...
Hey everyone, as the title states I am looking to get started in real estate. I have been doing the research and now I need to get my feet wet. I am currently in Southern CA which is a great market, but is tougher tow...
Gave my tenant a 30 day notice to vacate. We are 25 days into the notice and she says she hasnt found a place. I am going to file an eviction with the courthouse in 5 days and go through that process. The reason I ...
So as the title states, I just landed my first deal. 120k property, appraised for 128k and I will be adding new carpets, paint etc - just some light rehab. Mortgage, taxes, ins, etc will be about 1k (requires flood in...
We are just starting down the RE path and have a ton of questions. Before I can find the answer I have thought of 3 other questions I need answers to. Just trying to avoid any massive mistakes that would sour this buy...
Hi folks,
My new tenant was placed in my St Louis property last December. Since then, she’s had a multitude of complaints about various issues big and small. I’ve spent $10k to fix issues like new HVAC and fridge.
S...