House hacking is a great way to get started on your real estate investing journey - short-term rentals (STRs) are the best way to maximize your return.

Most investors have heard of the house hacking and STR strate...

Hello and thank you. I am moving from Michigan to Chicago and will be renting out my house in Michigan. I was wondering which state I should file the LLC in. Along with that does it matter where I set up the business ...

I get this question all the time but I’m not an insurance agent. This is insurance for a residential investment property, to remain vacant, that will be fixed up and sold. I have always recommended a basic hazard insu...

I know this is like asking "are peas good" and will get a lot of "it depends" answers, but here's the basic question:If your death (and subsequent lack of cash flow) will significantly affect your family and loved one...

I recently had a contract to sell an investment home of mine to a buyer. The buyer's inspector noticed some damage to the roof. I filed a claim with my insurance company to get the repairs completed in order to satisf...

Hello everyone,

I'm going through the process of splitting out my rental business from my fix and flip/redevelop business and I want to set up these legal entities correctly and ensure proper insurance for th...

Hey All!There is an investment property in Ohio very close to me that is for sale for $15,000. I have a few thousand but not the entire $15,000. I know I could easily fix this up for $3000 and start renting it out for...

I am a tenant and my apartment leaser had made partial payment plans throughout April-July. Mind you there was no late fees applied or added. I always asked my manager if they are still carrying out partial payment pl...

Dear BP Community,Hope everyone is having a great summer. I am looking to rent my 1BR condo in Hoboken, New Jersey during the fourth quarter of 2016. I had a few questions for the community:1) Do people recommend me p...

I'm currently negotiating a seller financed wrap around mortgage for 12 months on a property I intend to rent out.  Normally I would get a landlord's insurance policy on the property but in this case I'm concerned the...