Okay so I am trying to get better at estimating rehab costs and currently I am trying to come up with a list of how much repairs will costs. From my understanding their are two philosophies when it comes to repair co...
I’m consistently asked if I am a “private” landlord, or whether or not I own the property. While I never volunteer the information, I don’t lie when asked. Why is it important to tenants to know if I own the place or ...
Hi everyone:I have a no smoking clause in my lease agreements, which prohibits the use of the recreational marijuana. However, a tenant recently informed me he has a prescription for medical marijuana.I haven't been a...
In short five years ago and a few years out from retirement I decided to learn about real estate investing so I could be prepared to get more heavily involved upon my retirement. Although I learned some from a friend ...
I am tired of reading about real estate investors seeking advice on where they should incorporate or how they should structure their entities for anonymity. Anonymity is NOT asset protection. To lay it out as simply ...
I'm a newbie investor, with one SFH that I'm currently in the process of renting out. I've seen on BP and in a couple of books that some experts present themselves to tenants as the property manager, not the landlord....
Hello BPers,I recently met with an experienced realtor who worked for a larger RE brokerage in Arizona that after a decade or more experience remains under the impression that a (non- licensed) investor cannot pay a...
What's your advice for convincing your spouse to get interested in House Hacking?I love Scott Trench's Set for Life House Hacking mindset. Since 2009, I've owned a foreclosure-rehab turned house hack (5 BR 3 BA). I li...
I've tried google and BP but they haven't been my friend on this topic so I'll have to post here. I live in California and I'm starting to do flips all over the country. I want to set up an LLC with an S-corp for tax ...