I learn better by discussion and would like to be able to network, does anyone know if there is a Rochester MN real estate investing type meet up?

I’d love to check out a few and start meeting others in the community!

Don't look now but the FED meets tomorrow and is highly anticipated to reduce the FED Funds rate further by .25%Most Mortgage lenders have already priced this adjustment into scenarios which is why mortgage rates hit the lowest point of 2025 last week. 

@Vladimir Lukyanov the biggest question you didn't ask is, what are the chances you meet your paper targets?

*This week I wanted to highlight "ROOM-BY-ROOM" rentals vs your standard long-term/short-term rentals. 

That may apply to personal deductions (like mortgage interest), but rental expenses (repairs, depreciation, etc.) are taken on Schedule E and are not affected by whether you itemize or take the standard deduction.

Hey all, I'm Marcus McMorris, a new member of the BiggerPockets community! I am a husband, brother, and accountant. I own and operate RightSource Financial. With over half a decade of working for mid-sized accounting ...

A lot of landlords use similar renter requirements though.When you get inquiries, be sure to pre-screen the renters by asking if they meet the requirements for income, credit score, or whatever else you have before scheduling showings.Be sure that you are complying with local, state, and federal laws.

This guide explains how prorating really works in Texas, what courts expect, and how to calculate it fairly when the lease is silent.The Texas Prorating Paradox: Not Required, But ExpectedTexas Property Code § 92.001 covers residential tenancies, but it does not require prorating for partial months.That means a landlord could charge full-month rent even if a tenant moves mid-month.However, Texas courts often apply a “reasonableness” standard.

Section 8 doesn’t technically require a closet for a room to qualify as a bedroom, it’s more about meeting local building codes and safety standards like proper egress (a window big enough for escape) and a door for privacy.