Any recommendations / advise on pursuing a full scrape vs. mitigating damages after a house fire? Also, any recommendations for rehab contractors in the Fort Collins area?
I am forming a 50/50 partnership LLC for flipping rehabbed properties. 1st question should I use myself or an llc for my 50% membership? 2nd question is taxes. Do we elect to do our own taxes (each member) at the en...
I closed on my 3rd property this march with the strategy of a live in BRRR. When I was walking through it prior to closing I saw evidence of termite from the past: old bait traps around the house and minor damage spo...
We had a plumbing leak in our rental and there was damage to the flooring to the bathroom, kitchen, hallway as well as one bedroom. It was so bad that the tenant contacted us with a video showing the water seeping thr...
Ok,so tons of us are looking to make a little coin with REI. So before I get out there and go "gung-ho" making offers and signing contracts, I'd like to know what the "real deal" investors/rehabbers look for when choo...
Hi all, new to the forum but have been reading for a few weeks. I'm finding out that to-date I haven't been treating my triplex rental as the business that it is. I haven't been stiffed on rent or had any destruction ...
Thank you for your earlier commentary of the 1031 exchange rules. I wanted to pose a real situation to get a more realistic feedback - if anyone would care to comment. My brother and I stand to receive a SFR as an in...
Hi BP, need some help here about a tenant im evicting .. short story she lies about paying rent and constantly late. There is always a major catastrophe in her life. Anyway got a lawyer involved and the decision was s...
"How do you find reliable contractors?" I have heard this question many times on the forums and in the podcast. The answer is that reliable contractors are all around and you have either rejected them or scared th...
Has anyone ever purchased a VA owned property/foreclosure? Pro and cons? Are there restrictions when selling or is it treated like any other foreclosed property? Thanks.