Samantha Klein
Two weeks in & already problems
I just bought a 4/1 single family house last month, rehabbed and put tenants in. The tenants looked good on paper, made 3x the rent ect so they screened well. They moved in April 23rd and I receive a text this morning...
Mike Clark
Buying Under a Company Name
Do most of you run your business under an LLC or S-corp ... or do you run your business under your personal name? I'm know a lot here set up businesses but is it really necessary if you only invest on a smaller scale ...
Peter Aziz
Looking to Invest in St. Louis
Hey there BP,I've been considering purchasing a multi-unit (2-4) in the St. Louis area for some time. It appears that one can expect a decent cash on cash return of 12-15% in the area, which is MUCH greater than what ...
Heather Shannon
General Contractors: Hire one or be my own?
I am planning to buy a fixer upper and make it a B & B. I'm torn about using a general contractor vs. doing the general contracting myself.CONs of Hiring a General Contractor:1. They are reputed to suck big time ...
Jonna Weber
Mysterious "knock" coming from an interior wall
I've had an issue in a condo I manage for a couple of months and after much trial and error, I thought I'd check with BP to see if anyone might have an idea what might be going on. The condo is a newer unit (2004) on...
Jordan Woolf
House with asbestos siding
A seller is offering to give me a house if I buy two of his other properties. The house he is offering to give me has asbestos siding. It is a large sturdy house and is about 1800 sq. Has anyone had any experience wit...
Account Closed
Anybody with experience using 203k loan in Chicago?
I've been thinking of trying to purchase a buy and hold three flat (Multifamily) property in Chicago using 203K loan. If you have done this, what are your thoughts? Do you have any advice?
David G.
Wanting to Buy a Palm Springs Area Vacation Rental
Hi There
I'm from Los Angeles, CA and have 7 years of experience operating vacation rentals across the country via master leasing them. I have never operated one in the Palm Springs area but Im interested in buying a...
Hari Ku
Entity structure for beginner CA investor
I've devoured all Youtube videos and form posts related to setting up an appropriate entity structures. I've also spoken to a few services popular here on BP. At the end, I'm still confused.Here is my situation- W2 ea...
Elena Koyun
Negotiating price down after inspection
Hello,We are buying our first duplex. After the inspection about to ask for a price reduction. Since this is our first time I was wondering on opinions of others on how much to ask and how to include the cost of labor...