Ryan K.
Renters Insurance??? ...and How Much
When drafting my new Landlord lease I opted to go with Renters Insurance for my Tenants. My attorney said a minimum of 100K liability but my insurance agent suggested 300K liability for the Tenants, along with additio...
Dave Blackman
New Investor - need another umbrella?
Hi there,I currently own a primary residence in California, and am closing on two SFH's in Missouri -- I have a Umbrella policy in place to cover beyond my homeowner's insurance for my primary home in CA, but my local...
Kyle D.
Water well problems and tenants
I have a few properties that run on well water. No water bill for the tenant is great but being responsible for pump and well to operate properly could be stressful. Water pump could stop working anytime, nights and w...
Jordan Spradlin
Converting SFH into Duplex via finshed basement rehab
Hi all,
I just closed on my first home in Leavenworth Kansas and will be house hacking to build my initial portfolio. The basement has already been finished, however, it lacks 2 egress windows for each bedroom and a...
Hongqing Yao
Is it necessary to renovate kitchen from the 80s?
I recently bought an old apartment in Coolidge Corner, Brookline MA. It is a very populated commercial area. The apartment lacks a lot of fixes. It has cracked painted wallpaper all over the place. It also has kitchen...
Greggory Kowalkowski
Peel the Wallpaper or replace the walls
My partner and I are working on rehabbing a 120 year old property. The walls throughout the house are painted over top of several layers of wallpaper. Although it probably didn't look bad when it was first done, the...
Brian Sorensen
How do you evaluate a historic house without comparables?
I have an bank accepted contract on an REO house for $140k. It's a beautiful old craftsman 4 bdrm from 1910 but it has wood single pane windows, no insulation, and only one bath on the main floor. My agent estimates A...
Sunny S.
Forming an LLC for three properties
Do I need to form an LLC if I have just three properties ? How can I protect my personal wealth if I don’t form an LLC ?
Steven Colon
Converting Attic - Studio/One Bedroom
Hello Everyone,Currently working with a spacious two family property in Clifton NJ and I'm considering converting the attic into a Studio/1 bedroom apt to add more cash flow. The house currently sits on a Multifamily ...
Ben Capone
Operating under an LLC or Not?
BP team,
My partner and I got our first rental property occupied about 3 months ago here in San Diego. We are currently doing a live in flip on another and plan to rent that out in about 4-6 months. We are co owners ...