Hi BP Community, Towards the end of this month I will be closing on my first duplex to House Hack in the Minneapolis, MN area. So far I am remaining confident in my numbers/reserves amidst the current conditions and ...
Hey y'all. I'm 23 and extremely new to real estate and decided last week it's time to pull the trigger on a duplex (or start with single-family if I can't find a good duplex, then expand). I just moved to southern Flo...
Hello, So I have been taking advantage of the mortgage deferral program, and saving the money for reserves. But I have also been letting my roommate skip rent payments because I am not paying the mortgage so he can sa...
I had a thought the other day and after asking around from a handful of agents, seems like this is possible. I am a REALTOR and have property that I am interested in 1031'ing. If I pay a buyers agent fee and sellers a...
Hey BP Community,I've got a pretty straight-forward tax question (BUT...all my internet research has not been able to give me a clear-cut answer). I have an LLC and was about to apply for an EIN on the IRS website bu...
I live about 30 minutes from my 5(hopefully alot more in the future) single family homes and I receive alot of phone calls on homes. I am curious as t what qualifiers anyone here might ask a potential tenant before ma...
I'd like to start a discussion regarding 2 different rent collection options. I'm comparing "Rent Payment Now" through ARPOLA to "eRentPayment". On the cover it appears that "eRentPayment" may be more cost effective w...
Hey guys,I've been accepting rent through venmo and everything was fine for almost six months. Then, the rent payment stopped. I tried everything I could to reach our to my tenants, email, texting, phone call but noth...
I won't go into too much detail because the details are not in stone yet and I have no numbers to use. I figured innovative strategies made sense as a place to post. If there is a better forum feel free to suggest.A c...
Anyone ever had any experience with using wooden counter tops...Have seen this on Pinterest and seems really cheap (50 bucks total) but is it durable? They are using 2x10s and 2x8s and staining them different colors....