Greg Teplansky
LLC or Business entity service companies
So I'm pretty no to REI and I'm hedging on starting an LLC to put my first STR into. When you start reading about this and searching the internet one thing I find is true... there are many LLC formation services that...
Abdul Azeez
Real Estate versus Mutual Funds Scenario Analysis
Folks - I just wanted to seek some input on an analysis I ran to get your thoughts to compare between two scenarios to see if I have missed anything out. If not, I would really appreciate some inputs / alternate point...
Ray T.
Leaving 6 figure job and getting into the game!
Long time listener, first time caller...I currently work in NYC(hours daily commute from CT) for a large company in a (low)executive role. I have wanted to get into property my entire life, I listen to the pod casts, ...
James W.
Hi, new slumlord here. General advice request.
Hey BP!Say you have a duplex that you paid $60k for.Rental income is $1000/month. ($500 upper / $500 lower), property taxes ~2500, insurance ~$600, no major expenses on my end, utilities all in tenants name.Basement h...
Frank Boet
Asset protection question
Hello friends. I bought a rental condo in Miami three years ago, under my name, with our HELOC. The rent is paid and deposited to a second personal bank account strictly for the rental. So the condo is paid in full, b...
Tiffany Kohrummel
Landlord or Tenant liability
My property has exposed power lines. My tenant hit a power cord with a weed eater doing yard work the other day. They (tenants) called PGE to come out and look at the power line and when they fixed the issue with the ...
Jake Walroth
Getting my Unit ready for Airbnb
Hey guys, so I just closed on my first duplex... I'll be living in one of the units.... however, I travel Mon-Thurs each week and going to really try this Airbnb thing out. The house is very close to University of Cin...
Jason Barnett
Auction "Characters"
Today I attended my first sheriff's auction. I wasn't there to actually buy anything, I mostly just wanted to watch and get a feel for how it works when you go to one of these things. Over the course of 2 hours I st...
Bryan N.
How do you screen section 8 applicants?
There are lots of posts about the pros and cons of section 8 when searching the site. What is the best way to screen section 8 applicants to ensure the best possible tenants in the program are approved?
Natalia Collini
My living room floods regularly!
Two weeks ago my ground level apartment flooded due to heavy rainfall. I figured this was coming. Every time it rains hard the water does not drain properly into the two drains off my porch and my porch disappears und...