I need some advice dealing with a contractor. I have started renovation on my Maryland property and I hired a contractor. We mutually agreed for him to charge $11,500 for his labor. I would provide all materials a...
My architect and I designed a 3 story townhome. Initially, he had a standard walled-in staircase on the second level but I found a metal guy who provided this unique open staircase concept with just a metal rail bar w...
I got a bunch of questions about a property I purchased in Chicago through Profit from Rentals (PFR), so I thought I'd put down some of the facts here. I'll attempt to keep this as a running post, so folks who are cu...
Has anyone used RentPrep for screening? I searched for it on the BP site and nothing came up. Thanks!
Hi everyone - My husband and I reside in CA and looking to purchase our first STR. Any tips/pros and cons on where to invest which will provide good cashflow? We will hire a property manager so that will be 20% commis...
I have recently seen multiple post by people saying their CPA has advised them against putting their investment property in an LLC and to own them personally.Am I missing something because this seems crazy to me? I c...
I'm looking to start buying and holding for rent. I've heard that it's wise to hold houses under LLCs for tax and legal protection. How does it work? Do I need to start an LLC for each house? Where can I find out m...
I'm looking into real estate investing and the first question that comes to my mind is, "what could I potentially rent out a home for?" So I drive around town (Houston) looking at For Rent homes and call a few of them...
What is an asset protection trust? Who needs them? Where do you set them up? Lets jump into this.
Lets start with the need for asset protection and why asset protection works. Asset Protection works by removing the ...
I've noticed that some people like and want 2, 3 and 4 plexes, but never understood why. What do you think? I understand that there is just one roof and one exterior, but also that SFRs are much easier to sell, a...