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BP Community,My girlfriend and I are about to close on an SFR property that has a guest house that we plan on renting on Air Bnb and other sites (short - to - medium-term rental). I am running into issues with homeown...
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Hello BP professionals I need some professional advise here; im rehabbing a foreclosure house in City Poughkeepsie NY; we passed electrical inspection but during plumbing inspection the inspector caught the beam my hu...
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Hi Everybody,Looking to hear from you seasoned investors on this one. I've picked up a number of properties on 30-year notes in my personal name, but as I scale up this starts to become a major liability issue. It sou...
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I just acquired my first STR and am working on getting the proper insurance in place. I used a secondary home loan so the property is in my name and not an LLC. I am wondering what kind of coverage I need and how to s...
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I have a property that is two single family houses on one lot. I want to rent one to a long term tenant and I want to furnish the other property and rent it to travel nurses or traveling workers. Does anyone know an i...
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Hi, fellow STR investors and managersA friend reached out and asked me to help manage her 20 STRs recently. A third of the portfolio are 2 hours away. I am currently managing 8 of mine myself and can handle them ok. B...
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I have a tenant that would like to use her balcony. We dont allow balcony access/use for insurance reasons however, the tenant says, she is willing to sign a waiver releasing me of liability if something happens. I ...
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Is it ok to you your own name to wholesale your first deal? And then set up a LLC with the funds. Is there any pros and cons to this?
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Hi all,I’d be grateful to hear if your experience with any of these insurance carriers in Smoky Mountains? Were they reliable and honest when you had to file a claim?Carrier and annual pricing below for similar policy...
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This is in Texas. If a tenant fails to give proper 30 days notice, when does the clock end for loss rent that I can charge them? For example, 30 days from when they gave notice or 30 days from when their lease ends? A...