Alecia Bolton
Fund Setup Resources and Education
I'm planning on starting a fund. I'm wondering, for those who have a fund, what resources did you use to learnhow to set the fund up (the structure)?what team members you needed?how to calculate the ROI for all part...
Jimmy Lieu
Best way to setup a 50/50 real estate partnership?
Hello BP community,I'm in the process of setting up a partnership with another real estate investor. We're planning on doing everything 50/50 where we split the profits and expenses. However, I'm a bit confused on how...
Allen L.
umbrella insurance for Lloyd as underwriter
Hi all,I have a few properties insured at NREIG using Lloyd as underwriter, as well as a few with Travellers and 1 with Safeco. I would like to get an umbrella policy for all or most of these properties, I spoke to an...
Zane Zelei
Contractor did extra repairs
Hello all first created post,
I had my PM company contact me and say they needed two windows replaced for around $1300 a month ago. I just received a bill for around $3900 for the replacement of 5 windows. I was neve...
Sean Salazar
Property in personal name but rental agreement via LLC?
I have a property with an accessory apartment (I live in the main house) and 2 investment homes that I want to rent out... the properties are in my personal name but I want to make the rental agreement with three sepe...
Joseph Ortiz
Insurance Options for Investment Property
Fellow investors,
With the recent amount of hurricanes the past three years in Louisiana, several insurance companies are not signing new policies on property. We currently use NREIG for our investment properties but...
Austin Eberle
Prorated capital gains tax exemption?
I was wondering if anyone knows if the 250k or 500k for married couple capital gains tax exemption can be prorated? I’ve lived in my house for 6 months but it’s gone up in value $100,000 and capital gains would make o...
Jon S.
College students - parties and noise?
Is there anything I can put in a lease to college students regarding parties, noise, loud music, disturbing neighbors, disturbing other tenants, etc? Can I specifically exclude "fraternity and sorority functions" from...
Yi Zhao
How to evict tenants who are smoking marijuana
Hi BP,
Background: I rented a SFH to Tenants A (upstairs unit) and Tenants B (downstairs unit). Shortly after the house was rented out, Tenants B called and said they have been consistently smelling weed and it will ...
Danny Stern
floodzone advice offer
I am purchasing my first house, and had an accepted offer on a property. offered 260k and appraisal came back at 263k. now the owners said originally the house was not in a flood zone anymore. turns out they lied and ...