Mitch Stubbs
First Time 'Fix n Flip' with a partner
Hey everyone,A buddy and I are interested in getting our feet wet with our first rehab project this spring. I feel like this should be a basic question but it's hard to find a definitive answer to.We'll be splitting ...
Samer Elayyan
LLC Type and Location for a Partnership
Hello BP,
I am working with my lawyer on finding the best state and type of LLC for an investment group that focusing on properties in Ohio.
In the group there is one partner based in Virginia along with myself an...
Adam Roberts
Dallas Fort Worth bug preventative action
Team mates -
What, if any, preventative actions does everyone take for bugs, roaches, and other invasive insects for their SFR and apartment buildings? The previous owner of my quad was on a 2x/year treatmen...
Grant Criptana
Liability concern on my rental unit
I hope someone can help me out here. I have a rental home that has an issue that concerns me from a liability standpoint.
It is a multi-level SFR. It is a tract home and so I would guess it is to code. The...
Carol D.
How to structure LLCs
Today Big Picture Retirement Podcast had the topic of:
Protecting Rental Property
https://www.bigpictureretirement.com/protecting-rental-property/
My question that arrises from this is.... "Is this overkill?" (They...
Jonathan Bedoya
Cash buyers text blasting software?
Whats up BP fam,I'm looking to blast deals to my network of cash buyers. Can anybody suggest a good platform to text blast a deal to multiple end buyers? I really appreciate any input here.
Michael B.
Vacancy Rates - conservative approach
Hello - does anyone here ever calculate their vacancy rates based on empty unit/# of total units? Basically - If I have a 4-plex I might calculate my vacancy with 25%? For a duplex I would calculated it based on 50%...
Josh Thomas
Closing on a performing 1st note - process, legal, due diligence
Before I pull the trigger to sign a Purchase and Sale agreement for a performing 1st note from FCI, I'd like to understand the ideal closing process.Would you recommend I hire a local title company to preform a title ...
Arjun K.
How much umbrella insurance to get, when paired with LLC and property-level insurance?
I have 4 questions, dealing with two people, Person "A" and Person "B"
1) How much property-level landlord insurance should one get, assuming: The properties in question are all value of ~$250K average with 20% equi...
Anna M.
Carbon Monoxide Detectors – Where do you place them?
Carbon Monoxide Detectors – Follow on to the discussion, “Do You Provide Carbon Monoxide Detectors?”Where should I place them? How many should I have? Plug in or battery operated or both? What say you? Check out t...