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I have a short term rental agreement from an attorney I worked with but wasn’t sure if it was necessary when listing on Airbnb. Obviously it would be helpful from a liability protection stand point to use it but was...
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I'm putting together a simple LLC to bring a partner into two 4 plex's I'm buying. I typically pay a 40% tax rate so I always include the annual depreciation amount x 40% as part of my cash return. If I'm doing an LLC...
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I'm studying for my license and ran into this paragraph on the study materials
"The landlord must return security deposits within 45 days of lease termination; on security deposits of $50 or more, the landlord must a...
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Hello BP community! My name is Phil Murray. I'm currently living in Crown Point Indiana and hope to invest in surrounding Northwest Indiana (Hobart, Merrillville, Portage, Lake Station) and maybe eventually the South...
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Hello guys,I am having a hard time trying to figure out what I should be asking myself when looking at a potential property. I want to buy and hold for rental income and potentially take a home equity line to buy more...
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Good Morning,
I would love to purchase my first home from a delinquent tax sale. However, I don't see how that will be possible. I currently live in Norfolk, VA and I get the monthly listing from the two law firms ...
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Some of my larger homes are experiencing more guests than we can sleep. I know this is an ongoing issue. I have tried asking guests to invite every adult staying into the Airbnb booking. We send a message prior to c...
Hello! I am currently looking to buy my first property along side my fiancé. I am a electrician with many friends in the trade so I thought a live and flip with a goal of selling within three years is a achievable goa...
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Ok, here's the story. We are rehabbing out of state. This has proven to be extremely difficult and stressful. We hired a contractor to do a job for $1300. He did the job, we paid him, but there was much more that n...