I have a house under contract with a in-ground swimming pool.  The pool is still working but looks dated.  My goal is to flip the property but I haven't dealt with one has a pool before and the number makes sense unti...

Reasoning behind getting a LLC for your rentals? Can someone explain how this works? 

Hello everybody. I understand the concept of controlling properties to build wealth and the benefits that come from finding a deal and using the banks money. Given you had 250,000 liquid why wouldn’t one:1) Purchase a...

Hi, in 2015 I bought a rental property for 50k cash under a business LLC name I had created. My strategy originally was going to be, purchase the property 100% equity, than get a first mortgage on that property to cas...

Hello my name is Adrian Tougas I have been in the residential construction industry for over 10 years. I am looking to start flipping and developing residential real estate. With the contacts and relationships I have ...

So I have an LLC for all my flips. I plan on doing some eventual buy and holds as well. Should I have an umbrella insurance policy? What kind of protection do flippers here on BP have?

Hi all,I have a great tenant who has been requesting I allow them to get a dog. I have decided to go ahead and allow them to get a dog as I believe it will create a 'home' like environment. These tenants pay the rent ...

I'm curious what the BP community that rents to tenants in NJ feels are absolute MUST HAVES in any lease agreement they draft.  

Hi all, I am an aspiring Los Angeles Based RE Investor and was wondering should I file documents to create my Real Estate Business and protect it? If so, what are your recommendations? Also, if you know anyone who I c...

I received a letter stating the color of my shutters violated the rules. I never painted them. They were the same color when it was inspected and the association never mentioned it in the disclosure packet.  I told th...