Yuta Tamura
New member from Lake Jackson/Houston Texas
Hello BP community! I am a new investor originally from Colorado and now residing in Angleton TX (45min south of Houston TX) for work as an engineer. I was initially introduced to BP through an investor friend from Co...
Janelle K.
Buying a house with foundation problems
Pros and cons of buying a house with foundation problems vs not having foundation problems?
Yuhong Gu
Ask for advice on partnership terms (%, title, LLC or not, exit)
Hi All - I'm considering investing in a beach rental property with a partner and much appreciate your advice on a few key terms. We are splitting down payment and all the work (managing renovation and furnishing the c...
LaQuinn Bolling
First BRRRR Deal and looking for exit strategy in case refi fails
Hello BP,We're in the beginning stages of completing a contract for our first BRRRR deal and have been wondering about ways to protect ourselves in the event we're not able to refinance. We're using private money on ...
Janet Flores
How to rent my 2nd floor to a construction company? (Newbie)
Hello everybody, a contractor in my area is interested in leasing the second floor (apartment) of my two family home. He's hired people I know in the past, and I've known of him for 1-2 years. He provides housing to e...
Joshua B.
Filing taxes as an LLC, last year's CPA is no longer available
My LLC (small partnership) has been renting an 8 unit property in Rochester NY for the last year+Last year (2017) we filed a 1065 and state tax return with a colleague and CPA. We were satisfied with the results as h...
Dane Moore
First Rental Property Advice
What are best practices you recommend for someone starting with their first rental property? Should the tenant payments and mortgage payments be run through a separate bank account than my primary personal account? Ho...
Jacob Reeves
Water Main Broke Outside Rental
Rental dwelling policy exclusion does not cover ground water in Virginia. Water main broke outside the home and flooded basement unit. Has anyone heard of what a city is liable for as far as mitigation/repairs to make...
Eric Lin
Cost Segregation algorithm
Purchased a multifamily, would like to do Bonus Depreciation.I am stuck at the Cost SegregationI see lots of people do 20-30% of house value(without land)example: purchase price $100k, land $20k, other value $80k.if ...
Travis Andres
Security/video doorbell at MTR & STR
We are about to close on our first rental property that we are looking to MTR and curious to know what everyone else does about security, video doorbells, etc. for their properties.Specifically, when it comes to havin...