Henry Offiah
Cincinati 5 plex exit strategies options
Hello BP,I'm looking for some advice. I've got a deal under contract in Cincinnati Oh. It's a 5 plex but city officially sees it as a 4 unit because when the original owner filed the paperwork that was the classificat...
Jacob Riley
Financing a Multi-Family Deal with a Business Partner
Happy Saturday!
My business partner and I are on the hunt for our first multi-family investment property. Our plan is to focus on Brandon Turner's Plan 1: How to Make $1,000,000 Through Rental Properties. We would li...
Luis Lopez
Recent Cash Transactions
Hi all:Disclaimer, I'm a new guy so my questions may seem dumb...but I'll get there soon :)I'm studying my market, specifically the most recent cash transactions in my target area for where exactly investors are buyin...
Maximilian Glodde
Cash Flow Split Rental
Good Morning All,Need some advice please.A good friend and I are buying a rental property at $165K and structuring it as follows:- Formed an LLC in the state - both are 50% owners- I am contributing the down payment $...
Ethan Evans
Homeowners Insurance for Michigan STR-House Hack
Hello, fellow Michigander HouseHackers!Looking for recommendations on Home Insurance when househacking in Michigan, with a short term rental (STR)...I was surprised to find out that USAA, my longtime insurer, doesn't ...
Michael Stefan
Changing STR Management Guidance
Our current management team is not working out. They also have complete control over access with airbnb/vrbo, etc as well as 'own' the reviews. If we were to change management (likely) all reviews would be lost, and w...
Michael Baum
WIRED article on NYC STRs and new law
Here is an article on NYC's new law that has gone into affect - https://www.wired.com/story/airbnb-ban-new-york-numbers/Here is the WIRED article from a couple of days ago about the law - https://www.wired.com/story/a...
Ted Kawabata
Max Capacity: How many properties can one person manage?
Hi BP! I'm sure I'll get a range of responses for this. And I understand that larger scale operations increase their capacity by having teammates handle specialized roles (maintenance, bookkeeping, etc).But I'm curiou...
Sarah Fulton
Contract for Partnering on a Flip
Hi BP family! I was wondering if anyone would be willing to share the form they use when partnering on a flip. I’m an experienced real estate investor and realtor, but have never had a partner. My name is on the deed....
Emil Degan
How to structure a flip with a partner through an LLC
Hello I'm sorry if this has been asked before but I haven't seen anything on my specific case.Me and another GC friend of mine want to flip a house together. He already purchased the home a few months ago and the titl...