Monica Abeyta
California LA County Tax Auction Research
Hi BP Forums!I am currently researching the California LA County Tax Auction. Does anyone have experience with this? I have several questions and any info would be helpful. See below questions.Any books or websites I ...
Chad Ramsey
Does a short term rental need to be set up in a LLC?
I'm under contract to close on my first short term rental (vacation home..AirBnB)... I understand the LLC would be helpful if ever I sold the place so there is no need to re-permit. Any tax implications? Any other con...
Jasen Bankson
STR Damage Insurance - Direct Bookings
Hey! I rent my home out for weekends about 5-7 times a year sometimes through AirBnb/VRBO, but some customers like to book direct and we can avoid fees and such of the third party. As such, I'm interested in a third ...
Account Closed
Hold properties in one entity and manage them from another???
I currently am investing in single family rentals. I hold all of my properties in one LLC. The other day a woman threatened to sue me for discrimination ( I denied her because she had ZERO source of income at the t...
Account Closed
How to deal with a flea infestation on rehabbed house.
I have a house that we pained, cleaned, changed the carpet, etc. The last time I was at house it looked and smelled fine. There were no fleas that I noticed. Now a week later the place is filled with fleas. The house ...
Mark Marinaccio
Wholesale Purchase Agreement
I have 3 purchase agreements (intend to use in Memphis, Tennessee) and as these will be my first offers I'm having a bit of analysis paralysis over which one to use or modify if necessary.Can anyone help me out with a...
Ty Hanson
First-Time STR. How do you manage remotely??
My business partner and I have saved some of our cash flow to invest and we are very interested in vacation rentals, STR market. That being said, how do you manage the property? If you list on AirBnB how do you keep t...
Tyler Thomas
Referrals in Colorado Springs
Hey all,I'm wondering if anyone who has conducted business in Colorado Springs has any referrals for any or all of the following week work in this area; real estate lawyer, CPA, real estate agent, lenders (traditional...
Alison M.
How to Widen a Staircase?
Hi all, I looked at a rehab candidate yesterday, an old rowhouse in NE DC. I like the property and will make an offer but I am stumped about how to estimate widening the staircase to the basement. First to clari...
Mark Shelstad
Boiler and pipes with Asbestos
I am closing on a Chicago western suburb flip that needs a boiler and piping removed. Good chance it contains asbestos. Looking for contractor suggestions and experience tips Thanks