I am currently in the search for my first vacation rental. The question I have in my mind is what will happen to the occupancy rate and ADR if there is an economic downturn in the near future? Obviously it will drop o...
I asked this on another forum more geared to RE professionals, but figured I'd throw it here too.. I'm an agent in Southern California where investment opportunities have really dried up. If I had a nickel for everybo...
Hi, I am new to the BP forum and in the process of researching my first rental. I plan to open an LLC to protect my assets. My question is -should I get the rental property first or establish the LLC first? Further, I...
Hi,
I own about 10 units and was looking to get a a general umbrella policy to cover any possible litigation. Is this a good idea? And if so what is a good coverage amount? 1 or 2 million?
Thanks!!!
I'm in CA, and a tenant has filed a Fair Housing complaint against me. I have no idea what for (Fair Housing has not called us back), and I treat all my tenants the same- same rules for all.
Has anyone here been t...
Hello! My husband and I recently purchased a house at auction. Not 100% sure if we're flipping or renting/BRRRing at this point. First order of business is painting. Painter went in today and says that the chipping is...
Hey BP Gurus. There are about 4 townhouses that were burned down in 2011 in my neighborhood. The current list price on those burned shells is ~$165k. Get the heck outta here on that but does anyone have any advice ...
Joined up a few months ago but never introduced myself. I've always wanted to purchase long-term rental units, but have yet to take any action on that. I'm currently exposed to the RE industry through my business, whe...
Hello Investors!
I'm thrilled to be part of the BP community. Recently, my husband and I sold our home in TX with one objective - to kick off our real estate investment journey. Our youngest is off to college, leadin...
Hi everyone, We are gearing up here in Oregon to re-brand and reestablish our business. I (Johnny) have been operating as a sole prop and carpentry subcontractor for the last few years, but am planning to move into fl...