I am wondering what input everyone had on ADU's. What are the benefits? Complications? How would utilities work for this? I want to hear it all...

Hi,
I am looking into a investment property for rental purpose. This is a four unit property. Three units are occupied. The fourth unit is not as this side of the building has a roof leak. The roof is twenty five year...

Hey BP, I wanted to talk to you today about something that has affected me pretty much my entire life (as far back as I can remember at least), and that's social anxiety. Just as the name states, I get very anxious du...

First post, I hope I'm following the rules and I appreciate your help. I bought a duplex in September. One of the sides was vacant and in need of renovation and I had a builder do this in October and November. While s...

Hello,I just received a Landlord Insurance quote from Liberty Mutual for $2,707. Does this seem high?Background: 2-Family Built in 1896Located in Cincinnati OhioUpdated Plumbing and ElectricalI will not be owner-occup...

My lender is requesting a CPA comfort letter.  Has any had experience with a lender requesting this type of document from their CPA? Has your CPA been reluctant to provide such a document due to the perceived liabilit...

My LLC is registered with the state, the finances are set and we are looking for our first property. We must first however get our Operating Agreement set. We have actually agreed on everything thus far. There is o...

I am finding a new property manager for a variety of reasons. Should I just let the current one go now, and I take over in the interim, or wait until I find a new manager first?

I don't want to confuse the current t...

My memory has failed me, so I'm looking to the collective memory of BP. I think I heard on one of the podcasts that most landlords in the United States only own 1 or 2 properties. In my mind it came out of @Brandon Tu...

I have often read people post things like, "Lenders shouldn't charge upfront fees...if they do, RUN!"  And for a period of time I seemed to agree with this.  I have to say, I no longer do. Full disclosure, I work with...