Shannon Ilas
Realtors Becoming Investors
I see a lot of realtors on here. Have some of you stopped selling RE altogether or do you both--actively selling plus managing your STRs? If you transitioned to 100% managing STRs, at what point were you able to do s...
Jacob Elbe
Do I really need a chimney liner?
I'm buying a duplex and the home inspector brought up a concern about the furnaces and hot water heaters venting into the old chimney on the house. There are no fireplaces. I've never heard of this before, so am hop...
Regan Moore
First purchase - do I do an LLC
Buying my first rental - a duplex in AR. Paying cash. Any advice on to LLC or not? I live in CA so if I should LLC do I do a CA LLC or Arkansas LLC. Thank you!!!
Alexander Timberlake
Buy & Hold Vs Fix and Flip Markets
I recently heard something that brought an idea I was thinking about to the surface. I heard that (in general) it is bad to look for buy & hold properties in neighborhoods that are hot "fix and flip" neighborhoods...
Erik Dofelmier
Inspection Report and Must Dos with Established Tenants
We recently went under contract on a as-is duplex with established tenants (they’ve been there 15 and 5 years respectively). During the initial walk through the house appeared to have great bones, but obviously needs ...
James Madision
Benefits of having a LLC for a rental property out of state
I am in CA and have a rental property out of state in AZ, is there any tax benefits for having a llc? pros or cons for this situation. It is one 8 unit property. Am i able to make the LLC in AZ even if I live in CA? D...
Shimi T.
Bringing Up to Code and Safety - Repair or Improvement?
Hello BP members, I'm a 'Buy and Hold' RE investor with several rental properties in Las Vegas and Southern California. In 2020, I bought my last SFR rental property in SoCal. As part of repairing the place for tenant...
Mindy Jensen
How Specific Do You Get: Inspection Objection/Resolution Language
I rep the buyer, and the seller was replacing a Federal Pacific Panel. City is NOTORIOUS for requiring permits for EVERYTHING. In fact, their permit department website says "It would be easier for us to tell you what ...
Ryan Rogers
Typical Commission % for a renewal of a Commercial Lease???
Hey All!I'm about to get a lease renewed (hopefully) on a commercial property. I have a commercial brokerage negotiating the lease for me. I was just curious on what the standard % commission for a 5 Year lease woul...
Emmanuel Sanchez
Deteriorating AC & Well System Concrete Slab/Foundation
Hello BiggerPockets fam,Curious to gain some insight on an issue that was brought to my attention at my rental property. Tenant reached out, sharing that her landscaper pointed out that the concrete slab/foundation wh...