Brett Alphin
Successful HUD Bidding Strategies
Hello BP, I wanted to share some tips that I've learned about making winning bids on HudHomeStore.com. This strategy is good for when you know you want the property, it's priced correctly, and you want to buy it for a...
Craig Lessler
Airbnb - Active or Passive - Deductibility of Losses Schedule C
I have a long term rental (SFR) which I converted to an Airbnb in October 2019. My property manager is acting as the host and we have already had multiple bookings.
Questions:
1. Is the Airbnb considered "Active" ...
Cynthia Martinez
Buying Property at Tax Sale (Texas, specifically Harris Co.)
Looking to hear others' experience and insights - -How to quickly diligence outstanding liabilities (e.g. mortgages) that would not be wiped out by the sale? -Minimum red flag diligence to determine a max bid and co...
Mohamed Dafalla
Virtual wholesaling newbie. qs
Hello BP community,
I have a friend who’s a real estate agent in Texas. As a newbie who's interested in virtual wholesaling, I’m trying to see how I can approach him about collaborating. What are some ways to partner...
Ava Yuergens
Short Term Rental Question/Concern
I am commited to buying a Short Term Rental, I have done my research and am ready! The only question/concern I have comes down to the market. I want to purchase a cabin in The Smoky Mountains, TN. The only concern I h...
Nathan Gesner
Half of LA Short-Term Rentals Breaking the Law?
https://laist.com/news/housing...
According to this article, a recent study showed nearly half of the LA short-term rentals were in violation of the law. LA collected $40,000 in fines last year, but could have collec...
Chris H.
Easing tenants into new leases where sqft has gone up.
I recently had my office complex re measured and maped out to BOMA standards. Usable sqft when up by 1000sqft and rentable sqft went up by 9000 sqft. 50 of the 60 leases are up for renewal (negligence of the previous ...
Kush Patel
First Multifamily Deal: 60 Unit Apartment Complex
Hi all,I am working on my first multifamily deal and would appreciate any advice you can offer. I have experience owning and operating other forms of RE (SFH, Industrial) but have decided I'd like to go the multifamil...
Grey Stone
Should I replace the water heater?
Tenant keeps making complaints and is annoying the crap out of me. This is for an older home with approx 1,300 sqft and 1 bathroom with 6 people living in it. When I bought the home it had a 25 gal water heater and we...
Kurt Baltutat
Investing in STRs with a recession coming
How are you Super and Angel Hosts thinking about the next 3-5 years? I follow many well-respected economists and am convinced a recession is coming (or is here) and the questions are how long and how bad. I know the s...