Trying to weigh the costs and benefits of LLC vs an umbrella policy for a long term rental? I have read an LLC can hurt your loan terms is the same true for umbrella policy. Wondering which one is safest and most cost...

Hello BP Fam!
My partner and I are currently getting into a few different fix and flip projects and i'm curious to know what programs/apps you use to make this easier. Expensify initially looked like a good one? Tryi...

Hey BP community! 

Recently did my first deal on an out-of-state duplex and I want to ensure I'm keeping track of all of the financials to remain organized and ready for tax season each year. Also want to be able t...

I recently had to dump a property in Chicago and to get the deal closed the investors carried a short term promissory note for $13k. Buyers made the first payment then defaulted in the second month.  Part of the reaso...

How do house hack work with a fourplex in Miami Fl

We have a tenant on a month to month lease that we had given a 60 day notice of lease termination letter to (text, email, and certified mail for delivery). The tenant is still in the property after the 60 day deadline...

Hey guys, the flipping business has been tough the last year so I have decided look for steady work. I landed an interview and they are in the process of doing a background check. They are looking for documentation sh...

Hello colleagues,The fire Marshall recently conducted a review of an 8 unit, 3 storied old building in Palo Alto, CA  that I manage.He has specifically called out for several corrections. In particular I am seeking he...

Random question that I couldn't find when searching BP. When calculating your net worth for accredited status, how are investments in syndications treated? Are they completely excluded from the calculation or are we a...

Hi, sorry if this has been asked before. Just a new landlord trying to get things right and fair. A tenant just moved out and the carpet has strong smell because of the pet. Can I use the deposit to pay for the carpet...