Bryce Bender
STR tax implications and mitigating tax impact
Hi all,I have been using my basement as an STR house hack for about 2 months, currently I'm only listing on AirBnB. It's done much better than I predicted (due to the summer months probably) and I want to ensure I hav...
Lizina Green
How to custom renovate
I am mid-way into a reno flip when a buyer states they want to purchase the property at asking but they want to pick the finishes? I did lower the purchase for them to take the house As-Is and they could finish it but...
Kenny Penn
Why even invest in real estate property?
Sorry if this question is dumb, but I dont understand how your going to be able to spend the money from investing in real estate if you just using that money to pay off your loan you got to buy the property in the fir...
Account Closed
Obtaining reports from Realtors
Hello,
I have been having some "push-back" from Agents when I ask for certain reports which only they can obtain. Such as expired listings. I would like to augment my marketing to include sending mailers and contacti...
Loc Nguyen
Calculating maximum purchase price ?
How do most of y'all calculate a maximum offer on a property ?
Tim Moore
Free and clear vs leveraged
Hey guys, so I keep flip flopping on how I want to structure my real estate business plan in the future. We always talk about "good debt" on BP and I understand that you can use the properties you have to leverage int...
Russell Gaston
Potential Deal... Help Please!
So I have an opportunity to purchase an off-market duplex in Spring Arbor, Michigan but I'm nervous about the numbers. The seller hasn't given a price but they purchased the property 10 years ago for $135,000. I can...
AJ Wong
Why this year the best season to purchase a turn key coastal STR is Spring
Finally! Spring has arrived. It has been a very long winter, and for investors and real estate pros alike, the season is off to a brisk start. Inventory is up, transactions and mortgage applications are up, mortgage r...
Angie Yang
real estate professional (REP) status
If I become a part-time real estate agent and have no other W-2 job, would I be able to qualify for real estate professional status? If it's possible, what type of RE agent activities might count towards the 750 hours...
Jen L.
Refunding security deposit?
Hi Investors,One of our tenant recently moved out. We are still waiting for quotes for some of the fixes. If we have not fix the issue yet(cracked tiles & garage doors), can we still deduct the security deposit?...