Tania Reuben
STR Accounting IRS Structure Question
We're planning to STR a cottage on our personal property.My question is from a structure standpoint, can we rent the cottage through one of our corporations, or do we rent it personally. I know one other family that ...
Doug Poff
Tenant Does Unapproved Improvement - Good thing or bad thing?
RESIDENTIAL rental newbie question: I have a solid B/B+ class SFR out in Denver in which the tenant came on in December. The tenant is a contractor who just moved to the metro area with his family. While working a ...
Jack Saunders
Flip Home from Hell - Seeking Advice
I flipped a home and sold it a couple of months ago. Everything was permitted correctly and done by the book. The buyer has had issues with the toilet gurgling when flushing. The home has all new plumbing and the p...
Chris Jacobie
Additional Dwelling Unit (ADU) Build
Hi seasoned investors,I’m new to BP and only own the SFH that I live in. I’m considering adding an ADU as a way to House Hack and get started in building some passive income. The rent from an ADU definitely won’t cove...
Nicole Vincent
Boarded-up/off the market property- Florida
I have my eyes set on a duplex 2/1 that appears to have been boarded up for a few years. Is it ever a good decision to buy property in this condition?
What would be the cost associated with gutting out the entire pro...
Kelvin Branson
Advice on Building an ADU From scratch from detached garage
Hello, I am a first time homeowner and so much of the real estate world is new. I have been living at my house for a few years now and I want to convert my detached garage to an ADU. I had a fire and had a contracto...
Dom F.
Unconventional COs - Advice
Hi, Looking to purchase my first multi-family home (BRRRR), but have had a very unique situation with obtaining the CO. Has anyone come across this before? Is this "Special Permit" worth the additional headaches?The s...
Kristen Bottger
Is a non-permitted addition a deal breaker?
I'm looking at a short sale that has a room addition that was done without a permit. The record has the property as a 2bd/1ba, but the illegal addition makes it a 3/1 plus more sq. ft. The last buyer cancelled escro...
Lamont Marable
Rebar or Fiber Mesh Slab
I have a basement and my contractor wants to pour fibermesh concrete instead of using rebar and fiber. Is there an issue with simply using only fiber? Another concern is that he was planning to bring the truck on th...
Yessenia Gonzalez
Not sure how to handle bad electrical work
Hello All,
We got a call from our tenant reporting electrical issues at the property resulting in the electrician notifying us that the electrical panel needed to be replaced. We agreed for repairs to be completed. ...