Hau N.
Should I walk away?
Hello BP members,I need your help analyzing this deal. I have a feeling what you'll tell me but I just need to hear it so I can walk away from it. It will be my first deal. I've been looking into MF 2-4 units but ...
Matt Bob
Playing with the idea of RE Accounting
I have done tax prep for 7 years and the rentals are always a low value, high input tax return. The client thinks bringing in a wad of receipts is legit and you're stuck categorizing everything in excel while thinking...
Stephen Thomas
How do I lower my W2 income?
HELP OFFSET HIGH W2 INCOME! As the end of the year quickly approaches, I have maxed out my 401k and wife’s 401k and both IRAs. We have a primary residence and a Airbnb rental unit that we own and manage. We purchased ...
James Masotti
First rental acquisition since joining BP
So historically I've been terrible at keeping these sort of deal diaries, but I'm hoping the BP community will help keep me honest...and updating. Back on February 22 I closed on my first rental property since joining...
Jackie Hung
Electronic rent payment vendors - eRentPayment or alternatives
Hi, I am currently using eRentPayment. I have just leased to a new tenant and this is a tech guy but he was having a hard time getting it set up. I am partly to blame as I didn't send him the email template that I got...
Jen Boyd
Why do property managers suck?
Not meant to offend the property managers out there - I know the good ones exist. However, a common theme I've seen is how hard it is to find a good, reliable property manager that makes the money you spend on them wo...
Grace Ng
Problematic Tenant Asks For Dog Despite No Pet Policy
Hi BP community,I would like to have your advice about one of my tenants.I rented a property to a lady, her daughter and granddaughter in Nov. They signed a two year lease. Four months later, she claimed her relative ...
Karan Singh
Filter to remove spammers in forums
Is there a filter or reporting system to remove spammers in forums?I'm noticing real estate agents and some others are spamming every post and it's really ruining the the quality of the discussion. Every question or d...
Lu Chen
First-time investor looking for Out-of-state turnkey
I am an engineer working 9-5 in San Jose, CA. I just started looking for cash-flow turnkeys out-of-state, really cannot find good cash-flowing investment in state near where I live. One of the markets I have looked ...
Morgan Klein
Tenant wants vape clause removed in contract.
I have a new tenant that wants to vape. My PM has a no smoking/no vaping clause in her contract, and he (tenant) wants the vaping part removed. Does anyone have any experience with tenants that vape? Will vaping ca...