Joel Oh
Do you really need a STR insurance?
Hi guys, I know I will get a lot of hates from this but does STRs insurance really good as their price?From my experience so far, Airbnb never failed to cover any issues I had caused by guests. Also in case of fire or...
Manco Snead
How Switch Property Managers with Short Notice
Greetings,Looking for some advice on how to do a quick property management switch. The agreement with the current property manager requires 2 months notice for termination by me. For various reasons I want to switch ...
Robert Niessen
Lease term has ended but tenant not vacating, now what?
Hi folks, looking for some advice. We bought a duplex at the end of December 2016, our first. We inherited one tenant which has proven challenging. Not long after we took over ownership the tenant approached us and...
Jaxon Drake
The Tax Effects of Quit Claiming a deed from our LLC to ourselves
Hello everyone,I'm a longtime lurker of BP and have never needed to post till now.I think I might have screwed up my wife's and I's taxes for one of our rental properties.We bought it in Phoenix, Arizona in 2014 and e...
Nik Krohn
Purchase cash then refi VS Purchase with loan
I was listening to the BP podcast show 53 and Josh mentions purchasing cash and then doing a refi on your properties. Is it a better strategy to purchase a property all cash then to do a refi OR to try to purchase the...
Kiran K.
New tenant late rents, no response to calls
New tenant moved, 600+ score, she was living with her old age mom, so no previous landlord. Works as nurse, income is 3 times tent. For first 2 months she paid 10+ days into month attributing to difficulty in setting ...
Leon Lee
Seeking advice on becoming a part-time property manager for STRs
Hi, fellow STR investors and managersA friend reached out and asked me to help manage her 20 STRs recently. A third of the portfolio are 2 hours away. I am currently managing 8 of mine myself and can handle them ok. B...
Magdaleno Garcia
Whole life insurance
I’ve been hearing a lot about whole life insurance and how you can use it as your own personal bank to finance real estate deals. Can anyone expand on this and does anyone recommend a good whole life agent to work wit...
Carlo D.
Is the Wyoming LLC route a valid way to protect yourself?
Hello to the Community. I'm really confused. So although the common wisdom or recommendation is to talk to a lawyer (which I did) I'm getting conflicting advice on this whole issue of Wyoming LLCs and the level of pr...
Evan Burke
Buying land from condo association
Hello BP,I am currently trying to find land for a business I plan to start. The problem is in my area it is very hard to find vacant land that will support my business, and also still be relatively close to my potenti...