Timothy Bever
Emotional Support Animals
I own and operate a rental property in Los Angeles County that I rent by the room to college students. Last month I rented to two individuals that knew each other for 2 rooms in my house. I was called out to the prope...
Chris Rendall
Issues with homeowners insurance when transferring title to LLC?
Hello BP Community,As is very common I have friends who purchase their rental houses under their own name in order to get lower interest rate loans with better terms and also cheaper landlord insurance, and then they ...
Jesus Machado
House Hack a Primary House Legally
I found a house with an ADU (coach house) that is legal. It has the documents and everything. The main house has 3 floors. Including a basement with 2 independent entrances and exits. Separated meter for the ADU, the ...
Clifford R Fowles
Property Management: Where's the profit?
When does it make sense to get a property manager? Working the numbers, and considering a possible annual vacancy, it seems to zap out entire profit for the year if we are paying 10%, then one month of rent for a one-...
Reilly Carpenter
1 Property, 3 Casitas... a good Airbnb?
I’m under contract on a property in Central Phoenix that has a main house and 2 casitas all around a central garden. Because the property has 3 detached houses on one lot (a 2 bed/1 bath, a 1 bed/2 bath and a 1/1), I ...
Austin Berlick
Hassle marketing property
Hi everyone -I own a 5 bed 4 bath home here in North Austin, TX that I currently house hack. I've been doing 3-6 "trial leases" for new tenants and they can extend after; however, I have a W2 sales job that takes a lo...
Alan Lafontaine
What to do with 401k
Hi BP Universe! I'm in my mid-50's and just starting out. I have a small 401k of around $20k. At this point in my life, I see little opportunity for big growth in that plan. My question is, would it be wise to close...
Matthew Rembish
Fund that Flip
Has anyone ever dealt with "Fund that Flip" and care to leave any feedback?
R. Elle Berry
Debating on wholesaling land vs properties in FL, any advice?
I’m fairly new to FL and want to dive into real estate. Originally I was considering wholesaling properties (prior to getting licensed) however, I’ve stumbled across land wholesaling. I’ve purchased land in Putnam and...
Leroy Fellis
Need Some Strong Advice!!!! Making Moves
Good Evening BP people,I need some advice. In a nutshell mother, two brother and I have decided to create our own REI company. The partnership agreement has been drafted. We all will own 25% of the company. When we fi...