Tyler Flagg
Transfer of Appliance Warranty during Sale?
Hello experienced BP'ers,When you purchase a property, is it possible to transfer the warranty for appliances/HVAC/security systems etc. over to your name? I just recently found out that the air conditioning condenser...
Steven Hornstein
Dealing with contractors for the first time
Hello all,
I am a first time home buyer and will be using the strategy of living in a piece of property and renting out additional bedrooms through Airbnb to help cover the cost of the mortgage, and hopefully make a ...
Brendon K.
What kind of lawyer do I need to go after a deadbeat contractor?
Contractor company had two subs do my siding and my roofing, no problems. They had a different sub do my windows and as I watched they broke half of them. Now it's been six months after the expected end result and the...
Ryan Leake
STR Data in Austin, TX - # of Guests, Average Daily Rates, Occupancy %...
This week's post goes out to the data-driven folk...First, let's talk about two key metrics: Average Daily Rate (ADR) and Occupancy Rate (%).Understanding ADR: Maximizing Rental IncomeThe Average Daily Rate (ADR) is a...
Manan Patel
Post purchase city official inspection
Hello BP Family - I am in the process of closing a multifamily property in University Place WA. The property is registered as a duplex on county records. However, there is an additional unit in the garage 300 sqft (so...
George Torres
Duplex in S. Los Angeles-$300k with repairs, ARV $350-Househack
Hey guys, I'm considering putting in an offer for a duplex in South LA with 2 2br/1bath units; it has an ARV of over $350k, and with rehab it will cost me under $300k. Each unit can rent out for about 1200/mo... But I...
Paul Altman
Property Inspection Question
HelloWhen having a property inspected is it recommended to use an actual licensed inspector to prevent any inspection clause issues if the seller tried to claim the inspection wasn't reasonably performed or will i be ...
Maurice James
multiple member LLC
hello, I would like to know if I wanted to open a new LLC or even amend my current one to add multiple members and purchase rental property, would one member have to qualify for the loan or all? If all, does this incr...
Sam Schlosser
Investing in a friends deal
Hello,A close friend of mine has acquired a property and construction financing to renovate. He has asked me to come on as a 50% partner. I am struggling to think of how to do this at this point. His name is on the co...
Jordan Archer
Does anyone have a good due dillegence check sheet?
Hey BP,
I'm looking for a checklist I can follow when analyzing a property. I'm sure I will miss a lot of things on my first attempt, so I'm trying to mitigate that now.
Thanks