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I am interested in doing STRs in NYC (I live here) because I see how much tourism is here year round. I see people all over my neighborhood (in Queens) with luggage and there are many listings even though there are a...
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Hello all,I own a 2 family in the Bronx. I have lived in the first floor unit/basement since I purchased the house. The basement is attached to the first floor unit, but also has 2 means of egress. Essentially it i...
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I have an LLC that was started in 2017 for my first flip. The LLC generated no taxable income in 2017, but of course, we still filed a return. We sold the flip property in 2018 for a profit. Was I supposed to be payin...
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What are the do's/don't of renting individual rooms of a SFH as opposed to the whole house to a single family?What do I need to do to avoid any liability/head aches in case of tenant vs tenant conflicts?How should I s...
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1. how are you finding your network of Contractors in your market?2. what is your checklist when selecting new contractors?Ext: any bad experiences you can share to watch out for or try to avoid?
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Hey everyone - I currently have a triplex under renovation and one unit is ready to be rented out. The utility setup is unique. All 3 units share water , 2 out of 3 share gas, and electric is completely separate. To m...
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Recently a friend of mine (another BP member) and I have decided to partner on a new REI venture in the Midwest. We both have REI experience on our own but we're going to work together to scale at a quicker pace. We w...
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Anyone interested in starting a Mastermind Meetup in Edmond/OKC for multifamily property owners? I was thinking this meetup could focus on people, that own/or want to own, multifamily (residential or commercial) prope...
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I'm planning to send out mailers to solicit MF sellers in a few different markets. Do you have a yellow letter/mailer you're willing to share? If so, feel free to post it here or send me a private message.I'd be mos...
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Say the rental properties are all under my name personally, (no LLC set up).
If something happens and the tenant sues, and the court rules in the tenant's favor, will my husband be liable in any way?
Fo...