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Hi! I am in the St. Louis area. I'm working on an old brick house. Gut rehab. I have been hiring one fulltime "employee" (friend who takes cash). This is an experiment for me to decide if I want to get a crew with gu...
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Hi everyone,I have been looking at umbrella insurance. I started looking first on USAA because I use them for banking and various other insurance products. Is it normal to have to add and remove properties as you buy...
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I am including a clause in my Independent Contractor Agreement that mandates my General Contractor to provide worker's comp to all of his employees and was just curious as to what the legal ramifications would be if o...
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What is everyone using for managing maintenance requests and supplies/inventory as your portfolio starts to scale?
Currently have 6 properties live and we have another 4-5 coming on in the next 90 days and I am sta...
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Hello,
I was curious if anyone in this forum could provide feedback about an issue we're encountering with a 4 plex that we have done AirBnB on for around 5 years. I am a co-owner of the property (50/50) and my busi...
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Hello all.Haven't really seen anything written lately about Syracuse, so I wanted to start a check-in discussion. Are sellers still holding onto their criteria as things were 6 months ago (i.e. insisting on as-is sale...
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I'm a newbie investor and heard a rehab gal Robyn Thompson vehemently state one time that she would never buy materials for her renovations because it would open her up to being considered as a GC/employer if ever sue...
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I have rental properties in KS & TX and I use property management companies to run them, but I'm "active" since I materially participate and often make decisions regarding tenants, repairs, HOA notices, and major ...
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Hello, I want to know do I need to create 1099 forms for every contractor I use when rehabbing a property or having repairs done on one of my Apartment complexes?I am referring to the following?The Large company who i...
My SDIRA is buying a foreclosure. Can I hire a corporation that my son works for to do remodel work on the property, my son would be involved in some of the work? Company owner says yes it is allowable, because it's ...