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What type of insurance do you all recommend for short term real estate holding and construction. Liability, etc? Also how do you generally hold title? LLC?Our plan is to flip and only hold for 4-6 months.
I had 4 different roofing companies assess the roof of my long term rental. All but 3 have recommended replacing the roof completely. It already has 2 layers of shingles, needs a cricket for the add-on chimney, new pi...
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?
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I closed on my house on yucca valley ( west of Joshua tree at jan 25th, I applied for the short term rental almost 45 days ago and still haven’t heard a word. I'm wondering if I can start my Airbnb process while I’m w...
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Can I pay a contractor with cash, but still write it off as a business expenses. If so, what is the best method for doing this? Should I be creating invoices and receipts to document and show proof of money's going out?
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I ve been in construction all of my adult life. From 18 on. I got my real estate license at 24. I ve invested in business’s. I have had a rather successful flooring company. I ve sold millions of dollars of remodels. ...
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Hello All,I’ve always been extremely interested and drawn to REI and during my journey to increase my knowledge I found BP. I have spent the last few months trying to learn as much as I can through books, podcasts, fo...
Thanks in advance.
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My whole goal is to have a small group of rentals that can give me passive income for the rest of my life. I live and work a little north of Seattle where essentially homes start at $350k and the 1% rule doesn't reall...
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Hello,On 3 different VRBO listings, one in Albuquerque, and (2) in San Diego I'm getting an unbelievable amount of scam inquiries on VRBO. It's always a new account w/ no reviews, and it always starts with "is the pla...