Jeremiah Dunakin
What am I able to repair without trades
So I am half way handy. I can do a lot of basic plumbing and electrical things.My question what things am I allowed to do? Can I change out flickering light switches? Run new plumbing lines to faucet/ tub. The rental ...
Austin N.
Owner Builder Permit Liability
Hello BP! I am in the process of getting my plans approved for an ADU in Los Angeles County. I am considering subbing out the project myself and pulling permits as owner builder. The property already has 2 units on it...
Asia Zdziarska
Do I need homeowners or landlord insurance on a Condo rental?
Hi there, please can anyone tell me if I need to have homeowners or landlord insurance on a condo property that I own?The HOA has it's own insurance already. Is there any reason I should be spending money on this? I u...
Larry T.
reduced rent for tenant to keep an eye on things
Hi everyone,
Is there any downside to reducing the rent for a tenant by 1/4 just to have them keep an eye out for anything that needs doing or watching over the property? It is sort of a long-distance property and we...
Dakoda Spencer
Bought a really cheap house, now I want to sell it. Taxes?
Hello BP, recently I picked up a really cheap property here in Ridgeley Wv, right across the river from Cumberland Md. I plan on selling it once I get it cleaned out, since I don't have the capital to get it in rent c...
William R. Matthews IV
Umbrella policy and land lord policy
Should I have/need both a landlord insurance policy and an umbrella insurance policy for my single family rentals? Thoughts?
Julian McLain
Seller wants me to sign a release of liability form before entering the house...?
Hi BP,I have a home under contract, with a seller. His mom passed away a few years ago and he is selling as its been vacant for about 10 years. I explained to him before signing the agreement that I will have to plac...
Andrew B.
Career Input
Hey Guys,
Long story short I was injured at work a few years ago and I have nerve damage in my arm so I am being retrained from workmans compensation for a new career because I can no longer work in the construction ...
Angelo Wong
Memphis Contractor Pricing?
Hi,Closing on a deal in Memphis at 38125 and I have some cosmetic work to do.I have a bid from a contractor and was wondering if the price range is too high? The following is labor only:$4.50 per sq ft for flooring.P...
Christopher Lee Johnson
Creating my Fix and Flip LLC
Good Morning family,
I'm aware I don't need a LLC when executing a few deals starting out, but would I be able to run a business doing wholesale deals under an LLC meant for fix and flip? My plan is to fix and flip t...