Jeff Bonner
Hybrid Rental AIRBNB
Crazy idea to run by BP. I have a SF rental with a basement apartment/inlaw suite. The property is 5 miles from a large university, and a little closer to the majority of a relatively vibrant tourist area. Right now, ...
Mike Dymski
financial advisers poo pooing on real estate
I listen and occasionally call in to a satellite radio show that helps listeners with personal financial matters (paying down debt, saving for college, retirement planning, asset allocation, etc.). The show is great ...
David Egger
Section 179 Question - Vehicle Purchase and using mileage on previous vehicle
With the section 179 deductions, I know I'm allowed to accelerate depreciation of a vehicle based on business use. However, the vehicle in question was purchased in mid-December 2012, and I only put a couple hundred ...
Sam Leon
AS IS WHERE IS...
Just curious I see a lot of agents put in the property ad the clause "...property is sold AS IS WHERE IS..."
OK I understand "AS IS".
What about the "WHERE IS"? When do you sell a property WHERE IT IS ...
David Rosen
Do I send 1099-NEC to property manager if they use AppFolio for accounting?
Hi all,I use a PM who is a sole proprietor LLC who I paid more than $600 to in 2023. They use AppFolio for the rent collection, disbursements, and accounting. The tenants pay through AppFolio and I am disbursed the re...
Cal C.
Joint and several 'liability' clause
@steve babiak mentioned the joint and several clause in another post and it seemed like a good topic to discuss.
if you don't have this clause in your lease I would strongly recommend it. Here is a definiti...
Drew McKinney
Partial down payment for owner financed deal
Hello all,I have an owner with a decent amount of properties willing to sell and finance them to me.I have several logs in the fire currently and don't have all of would be the down payment for these properties.I've u...
Adam Bearup
Where to invest cap ex, repairs, vacancy reserves?
Hello BP community,
I'm interested to learn what most investors do with the portion of rental income commonly set aside for cap ex, repair, and vacancy costs.
Does it go straight to the bank? Invested in CD's or a ...
Santiago Armando
Looking to Buy a home in Miami Fl
Hello all, Me and my wife are looking to by a home in Miami FL. She is in the process of getting her real-estate license, would she be able to serve as the real-estate agent for our transaction? (on the buyer side) or...
Account Closed
Hiring Process Questions
What's up BP, I will soon be working with attorneys and a CPA, so I have a few questions about hiring and communicating with them.
I already have some basic questions involving working together but outside that I am...