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Results (68)
Matt D. Newbie in construction project
10 March 2017 | 12 replies

Hi all,I'm going to build a new condo apartment (8units) from crash (all utilities such water-hookup, electric, sewer are available). Usually the owner would need to work with an architecture and a developer for such ...

Kevin Lefeuvre Creating a LLC just for renting and managing my own property.
8 August 2019 | 16 replies

I have decided so far not to create a LLC for each property, instead using a good insurance. Also because getting loans is complicated in LLC and there are fees for each LLC (just $800 per year franchise tax in Califo...

Jon Dang Closing Soon and Nervous! Vacancy? What to look out for?
24 July 2019 | 6 replies

Hello BP family,
I was scheduled for a closing this Thursday. However, that has been extended a week since they have to evict two units. My loan officer hasn't got back the clear to close due and or closing disclosur...

Aaron McGinnis What do you think - Copper or CPVC?
28 May 2020 | 27 replies

For both renovation and new construction, I think to prefer CPVC. It's cheaper in labor, cheaper in material, and isn't a theft risk. (In fact, when there is Copper piping in a house I will sometimes go in and spray p...

Sue Matt Painting Brand/ Cost
29 April 2016 | 17 replies

I was curious to find out what brand  of paint everyone is using in their flips and rentals.I have seen some contractors getting $60/gallon paint from sherwin williams for $15.I am thinking because of the volume they ...

Danielle M. Should I put 8 unit rental in LLC?
18 July 2023 | 5 replies

Hello,5 years experience with single families and a duplex BRRR strategy but never used a LLC. Looking at buying a 8 unit. Live in CA but have rentals in TN.Here are my questions:1. Should I put the 8 unit in a LLC? A...

Joshua Chapin shipping container storage
12 April 2018 | 17 replies

Hello I am hoping to gain some knowledge and or insight in using shipping containers for mini storage. This idea has come up because my father is currently doing the same thing. His containers are on the same property...

Nicole B. SFH to Multi Conversion: Worth the investment?
28 April 2023 | 7 replies

There are a lot of big old homes in my Baltimore neighborhood with 5+ beds and 2+ baths in the 80k-100k range (rehab quality).  Neighborhood is safe and up and coming.  I can see potential for 2 units in these homes, ...

Ben Gonzalez Dealer Status and Installment Sales
13 June 2022 | 8 replies

My understanding of Dealer Status is that if you are flipping on terms (in my case: buy on terms, fix -or not-, then sell on terms) then you lose the ability to be taxed as an installment sale where your gain is sprea...

Ryland Taniguchi Partnership Horror Stories
20 February 2020 | 14 replies

I would have to say that I am very very lucky because I have partnerships now that work amazingly well like marriages made in heaven. One of my current partnerships is with someone who I could literally chat with for ...