Scott K.
Using an LLC to get around STR restrictions?
Hi there, we recently purchased a single-family home in a town in Goshen, New York for the purposes of listing it as a STR.
Just before closing, while we were in contract, the town placed severe restrictions on STRs....
Will Stahl
Dangerous to wholesale in an LLC
Hey everyone,I'm starting a wholesaling business In New York and just formed an LLC. I've been doing some research regarding the legality of it and I'm a bit concerned. A lot of the forums I read seem to deal with thi...
Account Closed
Venting about Measure Y
I am the owner occupier of a triplex in Oakland. I would like to renovate one of my units, redoing the electrical (because it's painfully out of date), and redo the plumbing in that portion of the house before it beco...
Lorelei Hilz
trying to wholesale this property
The deceased was given the house when his parents died, so the deceased inherited the house. Now, that he has passed away. The house has been sitting there boarded up. Nice looking house. I wrote a letter to the decea...
Account Closed
Initial Savings Needed to Purchase Multiple Rental Properties?
Hello everyone, first, thank you ahead of time for reading this. I am a new REI and have decided to start my new career in long term holding rental properties instead of flipping, in pursuit of the financial freedom a...
Quamal Burton
Should I Quit My Job or Stay?
I've been considering quitting my job a lot lately, should I? I recently purchased my first 3-flat where I should be able to successfully house-hack. Mortgage is 2k and rental income should be about $2600 a month. I m...
Nancy Allen
Finding & Working with Contractors
I have been reading the posts about working with contractors and would like some additional information on:- What are some key questions to ask a contractor you are considering for your project?- What red flags do you...
Alex Martin
Seller went MIA, how to proceed?
I currently have 2 4-plexes under contract. My financing will not be finished until after our scheduled closing date so I went ahead and lined up a hard money lender just in case. Before I finalize with the hard money...
Caleb Anderson
Tenant Backing Out of a 2 Year Lease After 3 Months!
Hey BP community!So my tenant is backing out of their 2 year lease, and they've only been there 3 months. The reason for leaving is "getting married and moving in with new spouse". My cash investor owns the home, and ...
Shawn Stinson
Sell FSBO to current tenants
My name's Shawn. I'm new to this forum. I've been reading these for a while, but I've never posted on here. WE have a couple rental houses around Mobile, Al. WE have had current tenants in on rental for over 2 yrs...