Clayton Coombs
How to avoid taxes with primary income from flipping properties?
Hey guys, I've been a full time real estate agent for several years now and up until this year that has always been my primary income. However this year I focused more time flipping properties than selling real estate...
Dion DePaoli
Housing Market - Rehab Event Horizon
So I have developed this theory. I have had the discussion with only a handful of folks but was interested to see what the BP Nation thought. I have tough skin, so if you think I am crazy, just let me know, no big d...
Paul Sandhu
A motel closed in my town yesterday
A little bit about my market/competition. There are 3 premium hotels in town. They offer breakfast, a pool, gym etc. They are $600-$700 per week. People that stay here while they work don't mind spending the extra...
Miguelli Fernandez
Cash Flow Vs. Appreciation
Hi BP. Out of state beginner investor initially looking at single family/duplex in Cleveland area to rent to section 8. The more research I’ve done and the deeper into the process I get I’ve noticed that I’m starting ...
Justin B.
Cincinnati landlords cant ask for security deposits anymore!
A “renter’s choice” city ordinance — requiring landlords to accept renters’ insurance and other alternatives to a cash security deposit — passed last week by Cincinnati City Council was featured in a weekend article b...
Jamaal Smith
My monthly tax payment increased by a $600
Hello,I hope this message finds everyone well. My monthly tax payment on my 4-plex went from $1200 to $1800. It is located in Irving TX and is owner occupied. I am also a veteran if that is relevant.I was told I neede...
Kevin Parekh
Is the market going to go KABOOM?
*This thread hasn't been written to instill fear or troll other investors!So I am a new investor in the market (in Pensacola, FL). Important to note, that even though I have a professional degree and make over $100k a...
Kevin Olson
Local REI or Out of State??
BP-
I am a commercial real estate broker in Eastern mass. I feel I have a knowledge and understanding of the market in this area as I have practiced both residential and commercial RE for a few yrs now.
As I live ...
Michael Mignogno
Who is responsible for destruction to property, the PM or Owner
Hello Everyone, Recently in one of my STR homes, the tenants cause major destruction to the property. It looks like they rented it for 2 days and went wild. Holes in walls, broken bathtubs, smoking weeds in the hous...
Nick B.
Do C class property only attract C class tenants and what to do about it?
Hello BP!I keep reading on BP and elsewhere that renting to high quality tenants is the most important risk control a landlord can have. There were a few BP blog posts on this topic with the main idea that if you want...