Hello BP! It’s been a while...I’ve been a landlord for close to 4 years now and I just ran into a unique situation at my four family property. Here’s the breakdown:- Tenant in Unit 1 has private access to the property...

My roommate and I live in a leased apartment. Due to a water pipe burst couple weeks ago, the entire apartment got flooded with damage to all my personal property and several other units in the building. The lease off...

Hello all,

I wanted to see how you guys are dealing with accounting issues of owning multiple LLCs? Do you have a separate bank account for each LLC you own? Or you have a main bank account for the primary LLC and us...

Hi there,
I have an investment property in Atlanta and over the past year, the property had major challenges due to squatters. Though my property management company eventually took care of the eviction proceedings an...

Hello all, I have decided against moving my 2 properties into an LLC and instead will opt for umbrella insurance. I have often heard on the podcast that it is only a matter of time before a landlord gets hit with a la...

I have a tenant who lives in my townhouse  located in Charlotte NC, his lease is the end  of September. The tenant plans to renew the lease for another year, he’s been a great tenant so I don’t want to lose him. Howev...

I am closing on a property in Desert hot Springs next month as a vacation home (10%) Ideally, I would like to put this property into an LLC for liability purposes. Has anyone done this before?Should I focus on closing...

I recently posted an article about protecting assets and figured I can share it here as well. Below is the article. Enjoy!
Investing in rental properties has tax and wealth building advantages. Like any other busines...

Hello BP - I currently have 3 rentals in Raleigh, North Carolina and hoping to add a few more through the spring.  At the moment I manage the properties myself to keep costs down.  When it comes to insurance, I have p...

Back in January of 2024 I purchased my first home. Upon inspection it was made clear there was a sizeable gas leak. I decided I liked the property enough but obviously wanted to get the leak fixed. I told the buyer as...