Jack Jiang
Bay Area new investor
Hi all, I am Jack, a super rookie investor based in the Bay area. My partner and I earned fairly ok on W2s, and we have just started buying real estate since 2021 - bought our primary home (3B TH) in Mountain View in ...
Liz F
Would you rent to a Pit Bull owner?
I have a prospective tenant who is moving to our area to work as an air traffic controller. He seems very responsible, but he has a pit bull. The dog seems very friendly but I am afraid to be opening myself up to li...
Markus March
Late Fee Pricing
I have a rental property in Mississippi an I charge $50 dollars late fee with an additional $10 dollars late fee every day after the 5th of each month. My question is what is a good price to charge for late fee an wha...
Chi Cheung
LLCs?
I'm looking to start buying and holding for rent. I've heard that it's wise to hold houses under LLCs for tax and legal protection. How does it work? Do I need to start an LLC for each house? Where can I find out m...
Derrick Gordon
SHOULD I CREATE AN LLC OR CORP?
I see most people have an llc - is there a significant reason why?
Fay Chen
To Rent Or To Buy?
Dear BP family, I have a difficult decision to make and would like your opinion.Decision: I'm looking to move to Pasadena, CA in June. Should I buy or should I rent?Background:I love Pasadena! I regretted moving away ...
Michael Choi
Has anyone rented out to tenants who hosts Airbnb?
Hi,I have potential tenants (husband and wife) interested in renting out my 3 bedrooms home who will use one bedroom as their primary residence and rent out other rooms through Airbnb in Los Angeles. They sent me thei...
Lucas Mills
My thoughts (and confusion) on capital expenditures
I've posted about this before but I don't feel that a reasonable and sufficient conclusion was ever reached, at least not on my part.I have not yet done any deals. I currently work 8-5, have about 30k in the bank, and...
Akshay Bhaskaran
Any successful BRRR in OHio?
Hello BP Community,I'd like to connect with you to get your knowledge and experience on any of your BRRRs in Ohio. It can be anywhere in OH -- Cleveland, Columbus, Akron, or anywhere, and here's what I'm specifically ...
Bryan Hancock
Strategic Default or Efficient Breach?
I read the following article tonight:
Strategic Default or Efficient Breach?
that speaks about the supposed "moral obligation" to continue making payments on an underwater mortgage. The article generally jives wi...