TL;DR: We are good at long term rentals, but we want a beach house. Is that a bad idea?Background: My husband and I own a few (mostly local) long-term rentals that all have a positive cash flow. While I'm not finding ...
Just purchased a townhouse as an investment property to be a rental unit with a monthly HOA fee of $145. Speaking with one of the neighboring residences I was told "the HOA doesn't do anything here, and so no one pays...
Hello everyone!
I’m brand new to the real estate investing world and I’m excited to be here. As I prepare to retire from the military within the next five years, I’m looking to find something that will ensure a smoot...
Hello fellow members- I have a problematic tenant who pays on time but has created other issues with noise and guests and now, a broken window! In my 20 years of being a landlord for a few properties, I have never enc...
Have found a STR property in Florida that has a good history on VRBO and AirBnb since late 2015 until now. Seller has provided me with booking/revenue numbers going back to 2016, and is claiming the property was book...
Good news everyone, the $500 de minimis safe harbor limit was increased to $2,500 for taxpayers who place property in service, that are NOT required to produce an audited financial statement(applicable finance stateme...
Hi BP, How do you guys typically go about expenses on a SFH? Do you have a general rule, or advertise relative to what the market is offering? I have yet to purchase a property, but think it would be smartest to pass ...
Hi BP,
My brother and I just made our first offer on a property we have been looking at.
Though we have the cash needed, we are also considering bringing in equity investor(s).
Now that we're at this point, we real...
Hey everyone, I'm Nick. I'm 19 years old and moved from Vermont to Austin about two months ago. I'm currently trying to get involved in real estate in any way I can. Advice on what any of you wish you did/knew at my a...
Hi everybody,I co-signed a flat in 2020 with my daughter. Now after living there for a short time she is realizing how this home does not suit her life for a variety of reasons. So, she is looking to move. There is...