Denise Harmening
No notice that pipes were frozen from Management Company
Hello. We have a cabin in Gatlinburg managed by a small company. December 24 the guest notified them that there was no water. The pipes were frozen. December 25 the guest notified them the heat wasn't working and the...
Michael Lebeau
Forming an LLC in CT - Worth it?
Hello all! I have been back and forth on the idea of setting up an LLC for 2 rental properties (each 3 units) I currently own. I live in one of the units with my family. I've been doing some research on pros and cons ...
Elsa Chang
Self-storage in Houston TX area
Hi there,I am selling a rental of mine and decided to invest in a larger property, especially in self-storages. I got an email from a broker inTexas for a property in North Western part of Houston. I have been doing a...
Sheila Reyes
Recommended Home Insurance Companies
Hi BP Members!
I hope you're all having a successful day! I am looking for home insurance companies that have great coverage and options for protecting pretty much everything under the sun. Do you have any recommende...
Chris Gabriel
For those who are Realtors/Investors
For those of you who are both Realtors and Investors, when you're negotiating with a home owner, do you use your standard Realtors contract, or do you use a different one? Also, will it change if you are planning on w...
Matt W.
Fixed or Variable - Tools to help calculate?
Does anyone have a formula they use when determining what type of loan to take? I understand much of the loan savings and interest rate calculations are conjecture, but given our current political climate, fed policy,...
Bill Coleman
Accidentally paid landscaper extra check and now I can't reach him
Ugh. What a dummy I am. I was rushing to get out of town and to complete my landscaping before that. I accidentally sent my landscaper an extra check for $2100 and now when I reach out to him to have it returned, I ca...
Account Closed
Home insurance claim rejected
Hi,We have a failed shower pan that resulted in some mold on the adjacent wall and required removal and replacement of tile in the shower and the bathroom floor.We filed a claim with our insurance and was rejected con...
Matthew Cervoni
Tuesday Tip: Automate Receipt Tracking
Keeping track of receipts is a crucial part of claiming tax deductions and passing an IRS examination. While it can be very annoying to remember to do this with your expenses, good tax planning is all about creating s...
Matthew Cervoni
Tuesday Tip: Know What Is Deductible
Hello BP! Don't forget to be tracking your tax deductions throughout the year. To be deductible, a business expense must be both ordinary and necessary. Ordinary meaning it is common and accepted in your industry, and...