As an oos investor, would I have to pay double taxes? Do you recommend opening a Lcc? I'm just getting started, have one primary and one investment property.

Hello BP! I have a family member that’s willing to lend money from their HELOC for my next deal to cover rehab costs. I’ve never used private money and was wondering how I could structure it? 

Hey BP Community, my 2 brothers and I bought a property. We have LLC and Operating agreement for the business expenses. We also have homeowner and renters insurance. We are the owners, but we go through a Property Man...

Hello BP.  I'm just starting out and closing on a rental 4-plex soon.  I'm currently weighing the different property insurance options and there is a huge difference in costs/coverage between insurers.  The background...

Hi.I'm still in my first year as a STR owner, and I'm going to start taking bookings for next spring/summer/fall for our lake house.  This past summer (our first season) we had many multi-generational family reunions ...

I am trying to figure out if i need further umbrella insurance. my insurance with nreig already has 1mm liability per property on coverage. I have 10 rental homes now. I got quotes from nreig for additional umbrella i...

Hello BP,I'm wondering if any experienced operators out there can shed some light on best practices. My partner and I bought a home in our personal names and operate our guest house as a STR. We created an LLC to oper...

I know that anytime Trump's name is mentioned, someone gets triggered. Either the post is too anti-Trump, or too Pro-Trump. 
Let me be clear - I do not condemn Trump's policies or necessarily know whether they will b...

I'm in the process of purchasing a 4-plex that had a fire in one of the units; the structure is fine but it got me thinking. If a fire happens in a multi unit property and forces all the tenants to move, what is the l...

I have been a lurker on the site since inception and have re and re-read most all of Jeff Browns postings for many years, although i have never contacted him personally. I find the Old school wisdom and straight ...