Tommy Cliff
Mold Problems
I recently discovered mold in one of the rooms in my house had come back, and it's worse than before. I have been doing more research into DIY mold removal, and most people advise using a bleach and water solution. I ...
Janetta C.
Is it worth hiring a Project Manager for a fix and flip?
Hey Guys!
I'm ready to enter the world of investing and met with a contractor today who offered to be the project manager for my first fix and flip. His fees include an initial 10K project manager fee then 10% fee af...
Bienes Raices
Cultured marble price question
I started a thread about replacing the bathroom tiles and then someone else started one about their cultured marble installation (unfortunately I was not able to find that thread again.
I was quoted $1800 by a compan...
Jay Chekansky
Confessions of a new landlord - How I overcame limiting beliefs
All-right BP,
I figured this would make a great topic for a post that I hope helps some people out. In my first few years as an investor, I mindlessly subscribed to the notions that all tenants are headaches, all la...
Cameron Ellis
Interior Paint for Rentals
how's it going BP I'm purchasing my first rental, getting rehab done slowly but surely as I go along. I've been hearing investors say "use flat on your ceilings, semi gloss on your trim and doors, and eggshell or ...
Sean Autry
I thought Vinyl was great!!!
SUPER bummed. Maybe I went with the wrong brand?Rather than carpet, I went with 4mm luxury vinyl planks for 2 of my units. I figured they’ll last longer (cheaper over time), and they’re very durable (so I’m tenant p...
Albert D.
Turn apt land into Parking Lot business, anyone?
Dear BP community,I welcome your constructive comments and suggestions to my crazy idea above.Here is the background. My apt complex was burned down in a wildfire last year. I've been trying to rebuild it since Jan ...
Andresa Guidelli
W9 form
Hi everyone,For those of you that are full time real estate investors that hire GC's for your rehab projects, are having your contractor complete a W9 and issuing them a 1099's?I have had mixed answers and wanted to h...
Sam Hudacek
Should I add an STR(s) to my LTR business to take advantage of the STR Tax loophole?
Hey BP! I currently own a couple multi-family properties that are all LTRs and work a full time 6-figure job, so becoming an RE pro is almost impossible. I max out the $25k to offset my W2 under passive activity rules...
Matthew Shay
Opening up LLC for Real Estate Agent
I am interested to open up an LLC as a real estate agent in NY for tax purposes (thinking to elect the LLC as an S-corp for tax purposes.) Is anybody else doing this and is it worth it? Do you need to put your LLC nam...