Peter Morgan
Cost of replacing skylights in a small full bath
Hi,After my previous tenants vacated the apartment, I noticed the woodframe beneath the skylights turned moldy.The tenant was not doing a good job with the exhaustion inside the bathroom especially last few months wh...
Chris F.
Multifamily deal has 60's and 80's builds. Inspection tips?
I am looking at a deal that was built in phases. Some of the buildings were in 1960's and the others were in 1983 and 1985. What tips do you have that I can make sure everything is in working order? Here are some I am...
Karin Crompton
Has anyone painted laminate countertops with success?
Hey everyone,On our latest flip, I brought my stager in at the pre-rehab stage for suggestions (which I will do from now on). This is a cute little entry-level ranch with a low ARV for our area and is in decent shape ...
Joe Kern
STR - Insurance & Liability Protection
Hey All! Looking to purchase a short term rental (airbnb) in Florida and am curious how I would protect myself against potential lawsuits in the unfortunate event of an accident on the property? Is there STR insurance...
Rick Albert
Taking a 5 Unit to a 4 Unit
Hello All,I'm looking at a 5 unit to BRRRR. They are all 1 bed/1 bath. I'm thinking of downsizing it and combining two of the units to where it might at least a 2/2 but maybe a 3/2. I thinking of this for the followin...
Stephen Hood
Advice on selling to access equity
I have a current rental in Denton (3Bed, 2 Bath) that rents for 2,250/mo. My Tennant is moving out next month and I am considering selling vs holding. The problem I have about 120K of equity in the house that I woul...
Kalen Mills
structure business for inside &outside liability &for tax benefit
I went to a REI seminar recently and heard some new info on how to set up LLC, S-CORP & TRUSTS. The guru was saying to have your llc under an s-Corp for multiple reasons. 1. It provides layers of liability protect...
Donald S.
Confusing and Frustrating LLC and trusts
Hi everyone. So you know how on all the podcasts etc they say "I'm not an attorney and make sure you speak with an attorney first...." well I did just that. I spoke with 2 attorneys in the past 2 days and they complet...
Steven Ferraro
First multi family Purchase... but something is up...
I'm currently looking to put in an offer on my first Multifamily investment property. The property currently cashflows at 10+% and looks immaculate. The one weird thing is that it has been for sale and sole 2 times in...
Joe Garvin
How to structure a purchase with a family member and LLC
Hello BP Community,My wife and I have an LLC in Florida which we currently own one short term rental in and we just had an offer accepted for a 2nd which we will split with my aunt who lives in Boston. We advised the...