Long time listener, first time caller.I bought a SFR as an investment property in 2013. It was a REO foreclosure sale, with a tenant, and needed some work. Long story short, in 2020 my tenant moved out, I did a cash o...
Real estate investing has been my dream for years, and I'm eager to start! I thought it would be an good idea to get my feet wet by buying a house and renting out the extra rooms to roommates. But is now the right tim...
Hi all-I was reading one of the blog posts on the Short Term Shop blog about Schedule E vs C, passive vs non-passive. In the blog, they reference, "According to Treasury regulations, vacation rental owners who rent th...
Friend bought his first property and inherited a tenant on a month to month. Verbal commitment to sign 1 year lease with me. Day of signing, tenant goes missing, and never came back, home sits with all his stuff 2 mon...
This is my first RE investment and i am partnering with a friend. Our plan is to add more Buy-Hold properties to our portfolio.Should we be registering a LLC for this first property ? Or purchase it on our personal na...
Hi ThereBrand new to all of this. My brother and I will be inheriting a condo in Massachusetts and interested in getting thoughts on whether to keep it and rent it out or sell it and use the proceeds as seed money for...
Hey BP Community,I've been kinda absent from the site this year, but its been a busy year for me and I wanted to share these updates in hopes of maybe inspiring someone, especially some of the newer investors because ...
Hi!We’re planning to rent our home when we move—but we know we will be moving out of state. Question is:Self manage out of state? OR Hire property manager and eat the costs until you have cash flow coming in? What’s t...
Hey folks,I have a beautiful STR in southern Vermont that I've owned for a little over 2 years. I do not think my current manager is a good fit for the property, for a number of reasons. I've put up with them because ...
There’s a lot of uncertainty right now as to how impactful this virus will be on our health and local economy. Our team studies property management on a local and national level for trends, variances, opportunities, ...