Jonathan Twombly
Do you need an LLC? Absolutely. There is No Debate About It.
The LLC debate rages on here at BP. Rarely does a day pass without an investor asking whether they should use an LLC or not. Perhaps BP should have a whole forum just devoted to this question . . .Having an LLC is ...
Kyler J Sloan
Rent Jeep to Airbnb Guests to Climb Hill
I am about to close on a Airbnb property with a very steep and winding road, and was wondering if it would be a good idea to rent a jeep wrangler out to guests who do not have a 4WD?
I would not be using the jeep of...
Todd Whiddon
Diary of a POP TOP Second Story Addition Project
Intro…Keeping with the spirit of @J Scott 's “Diary of a New Construction Project” where we jumped into a HUGE project that we never really had done before, “Tear a house down and build a new one back”. This adventu...
CJ M.
Would you take 75%+ CoC with $200 monthly cash flow?
Hello,My turnkey/rehabbed SFR properties have yielded CoC of approx. 75-100%+ (after refi). The average cash flow of all of them is just over $200 per month per door. I'd very much like to continue this strategy as I ...
Rhondalette W.
Eviction on record from 7 years ago (2008) do you rent to them?
Trying to find our first tenants. We have found a couple that we like, however the husband has an eviction from an apartment in 2008. I have heard some say that if a person has ANY evictions they would not rent to the...
Jack Seiden
NAR Anti-Trust Suit
Curious to hear people’s views on the case? I could see the entire industry being changed or some different legal language to some legal forms and things more or less continuing as is. As an aside I do think the combo...
Jonathan A.
Flipping partnership going to court on debate of renovation costs
I am a general contractor that partnered with 3 investors to flip a house. We all agreed to hire my company to do the renovation and agreed on a set budget and got a contract by my company. My company completed the re...
Michael Leeson
Addressing Racial Disparity in Home Ownership/ Wealth?
What are you doing or seeing that effectively addresses racial disparity in home ownership/ lending/ generational wealth?Hopefully this is a fairly straightforward question about a heavy and complex topic! It's well ...
Rich Weese
estate planning for well to do or wannabe well to dos!
I was asked deep in a buried thread to answer a couple questions about my reply in a recent post. here is the start.
I post a lot about parallel programs. There is a reason I do that. It is the best of both worlds...
Catherine Decker
CA law: Need lawyerly advice on neighbors accessing my property
Well - let's hope this isn't too complicated.I just acquired a large parcel in Sacramento, CA that is adjacent to several houses in a subdivision. Many of the houses have gates in their fences that open onto my proper...