First, I'll lay out the facts and then I'll follow that with the questions...
The Scenario
1. We purchased a house for $467K as an investment property in January, 2022 (the 3rd in our portfolio and in no way would b...

Hi all I am super excited to find biggerpockets. I am a owner of one 3 family home in the boston area. I am looking to learn how to make my money work for me instead of me always working for the money. I am excited to...

Hi all - first time landlord here. My wife and I just bought and moved into a duplex where the 2nd unit was already occupied with tenants.  They were on a month to month lease with the previous owner.  My question is ...

Just a brief little "beef" with these auction websites.

I have been using certain websites that auction bank REO properties and short sale properties to purchase homes over the last several years (3-5). Thes...

I have a SFH rental property. In January, we informed the tenant (a "friend" of ours) that we were going to sell the house. I then sent someone out to appraise it, who said the house was "appalling." Since then, our t...

Hello guys,

I will be hiring a handyman for some small work. The total job should be well under $600. Should I still issue a W9? If all goes well I will most likely be giving him more work this year.

Also, what...

I  have a real estate license in CA #01935461& TX #645065 so I feel I'm somewhat qualified to speak on the subject. The first thing you're going to want to consider is which "school" you go with. I went with Lumbl...

Hello BP!Long story short, I've hired a law firm to form a single member LLC for the sole purpose of investing in rental properties.  However, when electing to be taxed as a sole proprietor (IRS default for single mem...

I'm doing some remodeling on one of my units and trying to follow advice from some of the articles and posts on BP regarding working with contractors - most everything seems pretty straightforward, but I'm trying to f...

We manage a good amount of property around New York. From time to time, I need to hire an outside agent to help fill some of the turn overs.  This agent, I've used before, and she has about 3 years of experience.  I a...