Kyle Miami
Notice to Vacate 60-Day
Hi all! First time posting here.Dad died a couple years ago and I inherited a house. The tenant has been there since 2014. I let the tenant know about the death in 2022 and that I'd be taking over. In early 2023 I tol...
Joe Derobertis
New owner, bookkeeping question!
Hi All,
I've recently acquired a few properties and have started using Stessa (since I get it for free with a BP Pro membership) for bookkeeping. All of my properties are being managed by a property manager and it ...
Brian Singh
Bay area Housing 2020- Crash or no crash
Just wanted to get a sense of what people are seeing in Bay area and what they think will happen after a few month. Also wanted to see if I am being too negative on bay area and forecasting a 10-15% price drop.
The ...
Jason Kim
Setting Up LLC Under Different State
Hello BP Meembers,
I am currently in the process of setting up my LLC and my CPA told me to set it up under a different state LLC because it's much cheaper. I live in Chicago and he said that it costs around $500 to...
Scott Le
Tutorials/advice for painting a whole house myself?
I was originally going to outsource the interior and exterior paint, patching, and pressure washing for my 1200 SF SFH rental, but I ended up being way over budget on the rebuilding of a room and now am desperately tr...
Kendall Mercer
Problem with a contractor
So I recently bought a SFH to rent out and just had it remodeled. The guy I hired I asked to do a laundry list of tasks which included painting the exterior. That same day I contact him for the job I had told him I wa...
James Maher
Self Directed Roth IRA for rental houses
Which companies do you use for your self-directed IRAs containing rental properties. I know they all have different fee structures, and it seems like this is the major difference between them all.I am 30 years old an...
Max Creasy
Primary or Investment Property?
So... the big question I have is whether or not to buy a primary residence or an investment property first. My fiancé would prefer us to get into a primary residence first BEFORE kicking off our investing career and i...
Stephen Rager
Multi-member llc BRRR
Bob & Joe, located in Indiana, go into business with a fix and flip LLC an estimated 10 properties a year and BRRR 5. The partnership agreement is to split profits 50/50. We are newer to the business so we are fli...
Alex S.
SF condo, sell or rent for a loss?
Purchased a condo in a nice part of SF in 2017. overpaid, but at that point housing was appreciating quite a bit year over year and we were confident we’d be able to rent at cash flow positive rate if we ever moved. W...