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Hi, have an accepted offer on a STR in which we’d form an LLC upon closing. Is this advised? Also can someone explain the due on sale clause risk in this case and how to protect
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I just bought my first property. I was given some advice to put the property under an LLC out of Wyoming as a liability precaution. Anyone hear about this? Pros vs cons? Thanks
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I'm trying to decide whether or not to add a bedroom to a basement unit of an up and down duplex here in Spanish Fork, Utah. Currently, the property has a shared laundry room and 2 small storage rooms in the back of t...
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Would you have any pushback or concerns on a cash flowing quad in an HOA community? Is the HOA a deal breaker for you? Slight concern or major concern? If so why?I was speaking to a partner in my network and they had...
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Hi all! New member here and look forward to connecting and learning. My investment background: I got my RE license several years ago to simply save money on purchasing my own homes. I ended up helping a handful of fri...
Who pays for unexpected costs that arise for a contracted job? The contractor estimated a job, performed the work, then came back with additional charges to cover more work that was performed and/or materials.Do you h...
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I could not find an answer to this and wanted to see if anyone can help. My tenant who has rented from me for the past 4 years has asked if he can own a small dog now. It’s for his daughter who is going through a toug...
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Hello BP Fam,*Short Post Alert*I just moved into an apartment (renting) for a short time (no longer than a year) while I save to purchase a property for myself. My landlord is requiring me to get renter's insurance of...
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Hello All,
My name is Ryan and I've been running a STR on airbnb for about a year now. In Scottsdale and Arizona, you must file for a TPT license and file your state taxes monthly through the AZ Department of Revenue...
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(This deal is happening in the state of Missouri)- Agreed upon closing date was 7/12/21- Addendum on contract: "$10,000 CREDIT to be given, in lieu of repairs, and occupancy permit provided."- Closing date passed, no ...