Jon Lafferty
Cane Corso puppy
Hi all,I have a great tenant who has been requesting I allow them to get a dog. I have decided to go ahead and allow them to get a dog as I believe it will create a 'home' like environment. These tenants pay the rent ...
Bruce D. Kowal
Be a Pal! Send someone a 1099 to keep them honest
If you paid anyone for services in 2021, more than $600, then you should send them a Form 1099-NEC. It's not a favor, it's actually required by IRS. If it's late, there is a penalty. Less than $300. You might get ...
Gary McKissick
Forming your LLC
New Investor who will be purchasing their first multi-unit (2-4) this year. I had a question about my LLC. A little about my situation, I live in Denver but will be investing out of state in Dallas/Ft. Worth due to ...
Lara Pan
Homicide under investigation next door
My husband and I have recently purchased a rental single family property in a class B neighborhood in Los Angeles and few weeks ago there was a shooting involving the neighbor next door who shot and killed two people....
Erin T.
Coverting to Legal ADU - NELA
Hello BP commmunity! My family and I live in NELA (Highland Park/Eagle Rock) and have an illegal ADU in our backyard (studio, approx 400SQFT, bathroom, no kitchen). We don't now exactly when it was built but it's prob...
Jason Law
My first Rental Property and i am lost....
I bought a new house this year and want to turn my old house into a rental property. I have renovated the house and ready to be rented except, I don't know what to do now. who do I contact about writing the contract? ...
John Foley
Creating an LLC for a Foreign Airbnb Property
Hello all! Hope some of you can clear up a few questions I have. Here it goes:
My father owns a vacation home in Ireland that sits unoccupied for 345 days a year. I am proposing to him that he let me Airbnb out the h...
Christopher Oliva
Airbnb/STR guest liability waiver?
Hi everyone, I'll be getting my first STR on the market soon and I've started to wonder about liability if a guest gets hurt or something happens to them during their stay.
Does airbnb have a built in liability waiv...
Kevin Nichols
Tenants "Welcome" Letter - operating procedures
Does anyone have a good "operating procedures" for new tenants? Like a standard 1 page list of do's and don'ts, contact info, payment procedures, late fee info, etc. This would be a quick "read" that is beyond the re...
Steven Walter
Risk Management - Flips
I'm preparing for a meeting with a prospective investor/partner to discuss flipping houses. I want to cover in detail the risk and the downside to avoid any unpleasant surprises. Of course there are the obvious consid...