Franky Davis
Orthopedic Surgeon Investor Update
Hello everyone…I hope you all are doing well and staying safe from the COVID. It’s been a crazy time. I decided to post another update since it’s been a while since I’ve been active. Around 2 years, my wife and I deci...
John B.
Add and ADU to and existing Duplex Property?
Hi Everyone - Looking for general short-term rental / ADU advice here. I currently own a duplex where I live in one unit and short-term rent the other. I make about 45k/yr just off that one unit via AirBnB. I have a s...
Rereloluwa Fatunmbi
Exploring Airbnb Opportunities: Furnishing and Managing a New Property in Akron, OH
I am in the process of closing on a 3-bedroom, 2-bathroom, 1600 sq ft single-family home in Akron (zip code 44305). My plan is to furnish it and list it on Airbnb for short-term or medium-term rentals (STR/MTR). The p...
Joe Kern
Loan with wife vs alone
Hello all ! Just got pre approval for an investment property , and am curious what the pros /cons would be id I added my wife to this as well? Also - I currently have an FHA on my primary which she is NOT on. Can she ...
Alexus Bell
My tenant has missed their first rent payment. I need advice/tips
Hello,I am 27 with two doors one in which I am househacking and the other is a condo. The condo tenant has missed their first rent payment. I am seeking advice on next steps and any tips. read below for further backgr...
Ger Xiong
Hello BP community!
Hello BP community! I'm a newbie investor but I'm so excited to get started. I've got about 50k in capital. I want to start an LLC and start buying rental properties. My question is if I'm am LLC buying my first or ev...
Bill Said
Looking for 1031 Qualified Intermediary Recommendations
We expect to soon do a 1031 exchange. It will be our first one ever and don't know much of the details involved. We would appreciate recommendations of 1031 Qualified Intermediaries that have worked for you. We have h...
Ellen Womack
When is a Lawyer Needed
Anyone who could answer this question, please feel free to chime in. I am in the middle of evicting a tenant for non-payment and also trashing my property. I was told that it is never a good idea to appear in an evict...
Maggie Hayes
Property Manager & invoices
Hello, all! I was hoping for some guidance. Are PMs required to indicate their repair fees, or do most PMs just inflate repair prices? We had plumbing work done. The estimate provided by the PM was 1k more than the es...
Michael Rinaldi
New IRC Sec 199A Tax News - Safe Harbor to Qualify
Hi BP Community,Today some tax news came out that is very relevant to the industry. I'm sure many are aware of the new Sec 199A deduction which essentially allows for a 20% exclusion of income earned for business owne...