Aidan Wong
Cost segregation tax write off when STR is not generating positive cash flow yet
Hello, I have a short term rental which has not generated positive cash flow yet and I have been managing it actively more than 100 hours this year and qualify as an active participant. I am not a licensed real estate...
Tracy Cheon
What do you do to negotiate better?
Hello everyone! I am flipping my first property and negotiating with a few vendors to get better pricing (cabinets and countertops etc.) How do others go about negotiation? Do you negotiate at all when it comes to cho...
Paul D.
1031 exchange just profits or all proceeds
I bought a house for 60k and am selling this month net me 80k and want to do a 1031 exchange. Do I have to escrow the 20k profit only or the whole 80k proceeds from the sell? Do I have to buy a property to defer taxes...
Changseok Kim
Homeless people in next door neighbour's backyard
Hi BP members, I have an issue with my rental property, and wish to ask for your guidance. I have a rental property and currently occupied with renters. Recently, the new neighbour next door let homeless people (his f...
Account Closed
When You Always Want More: Satisfy Your Wanting Mind
I remember Christmas Eve as a child. I was so excited that I couldn’t sleep. I wanted to be awake every second until the morning came. I didn’t want to miss anything! But inevitably I’d arrive at the Christmas tree th...
Joshua Dorkin
Testing Attachments
This is a test of attachments.
See the attachment below:
Todd Fullerlove
Redoing the siding for a rental
Hello BP Friends,
I’m residing this rental property I purchased. It’s only 600 sf 2bed 1bath. So I figured it would be a great time to learn how to side a house since I’m quarantined. I’m only familiar with brick si...
Christopher Morris
Adding a kitchen - first time rehabber
Hello BP, I’m looking to add a kitchen into my second unit. I’ve read and heard the many issues with subs, is there anything I should be looking out for? What’s tenant friendly / modern nowadays? Only some money up fr...
David Schlatter
Looking for feedback on property management software
We self-manage 55 units that we own and are looking to expand. However, we use multiple ways to collect rent, e-sign leases, send applications, record payments. We are wanting something that it can all be done through...
Amber Peterson
Potential property for first time flip - Advice/Questions?
Hey everyone! Apologies for the lengthy post ahead of time. I've been immersing myself in everything REI these past few weeks and I feel like I 'may' have a potential property, however I need LOTS of advice and I have...