My partner and I are in the process of updating our LLC Operating Agreement. Our attorney is recommending a provision requiring that book losses be allocated to member capital accounts AND that members must then make...

Hi all, First post and happy to be apart of the community! 
My wife and I just closed on our first house! One of the reasons why we wanted this house is because in the list description it indicates the seller "would ...

Is there a specific way to analyze a short term rental property?

Hello BP, I hear a lot about "creating a system" so you can follow a template to go about finding your deals, and bringing them to life. I haven't brought in my first deal yet so it's hard for me to come up with this ...

Hi BP quick question: Currently under contract on a property and received the inspection report. A few concerns popped and I'm wondering based on those findings how common is it to ask for a reduced price and/or to fi...

Current project is a gut remodel and 2nd floor addition.  I have 3 full baths to buy finishes for + Kitchen.  Is it worth establishing a relationship with a plumbing supply house or should I just pay retail on the fix...

Hello beautiful people of BP,I've recently acquired property and would like some advice on people with more experience.Item 1: FlooringThe property I have has an upper level and obviously a lower level. My intentions ...

I am getting prepared for taxes and I'm reviewing many of my expenses for a property in the last year.Do I need to categorize my home depot and Lowes expenses based on whether the item was purchased was used for a rep...

When you walk through a property to estimate rehab costs, what online tools or apps do you use?If none of the tools out there fit your needs, what features would your ideal app have?

Hello All,I am a landlord and also a tenant at the same time. I have a question my previous landlord sent me a letter of intent to impose claim on my security deposit. He provide a itemization list of damages and the ...