Alex Ericksen
How strict is Provo City on definition of "accessory apartment?"
Greetings fellow BP friends. I have a few quick questions for any of you familiar with renting/landlording in Provo City, specifically relating to their rules on "accessory apartments." I went under contract this Satu...
John Woodrich
Does MN require a grace period before impsoing a late fee?
I inherited some leases and they all provide for payments being due on the 1st of the month and that a late fee will be assessed if they have not paid by the 5th. So inherently they all normally pay on the 5th....I n...
Jody Powell
House Hacking via Airbnb
Hi all, I wanted to share my recent experiences with turning our garage studio apartment conversion into a short term rental. We have had great success and so far no real issues. The income has paid for the mortgage f...
Filipe Matos
How to flip a Building in Ontario, Canada
Hi all, I am about to put an offer on a building with 11 units, the building has low rents and some repairs needed.I would like to vacate the whole property and renovate the whole building and get new tenants.What is ...
Michael Plaks
EXPLAINED: sending 1099s to contractors and vendors
This is a revision of my old post on this timely topic. Timely because January 31st is the deadline.
Sending 1099-NEC (formerly 1099-MISC) to contractors and vendors
2024 update: While not directly related...
Kimberly M.
Tenant wanting to pay a year in advance
I have an older gentleman and woman that want to rent my single-family home. They put down one dog on the application. When I checked on their Facebook I found that they have three dogs so they lied about two of them...
Tara Kinney
Invest and loan from 401K or just save?
Strategy Questions:I work as an 1099 for my "real job". I have an LLC and it is taxed as an S-Corp. I have recently stopped contributing to my 401K to use the money to save for real estate. But....I've been thinkin...
Huthaifa Afanah
What is more consuming part of Landlording?
Hi all,I would like to hear from you what is the most time consuming part of your Landlording activities through your experience?
Paula Samuel
AirBnB a Pandora's box of nightmares
Back in 2008 when the real estate market took a dive, many of my clients were upside down and risked losing their properties. I began to offer them an alternative means to keeping their properties viable, short term ...
George Frye
Note Evaluation
I am researching a note I came across. AT first it seems like a pretty standard note. It is a Mobile home with the lot for sale for 45000. The Owner received $20,000 down and carried a note for $25000. The interest...