So I think it's best I start an LLC for my vacation rental. It's doing much better than expected and I want to protect myself. I have no idea how this works. In fact I heard on a podcast where a guy started an LLC aft...

I’m in the process of purchasing 2 properties both are Duplex and all 4 units have tenants. I’m currently lost on what type of insurance to get. I currently use Liberty Mutual for my home. However I’m hearing things ...

Hi, I'm newer at this.  I have written minimum requirements for renting our houses that I share with prospective tenants which includes ">600 credit score.  Pattern of financial responsibility".This couple sent me ...

I've just come under contract for a 12-unit apartment in Spokane, WA that was built in the 70's and remodeled in 2014. Purchase price was $720,000, and I intend to hold on to the property for >5 years. It is not pa...

Sometimes, what you think might be a "deal," just might not be. Or you over-analyze a deal until you talk yourself out of it. Maybe that's where I am on this deal. So I'd like some advice from experienced BP'ers in th...

Hey BP!New investor here and I'm currently looking to buy my first rental property in the Philadelphia area.  I've been shopping around for properties and I've been working with a broker to determine my financial opti...

Today I looked at a 6 unit property.  I like it alot but who cares what I think or like, especially if I never purchased a mutlifamily property before.  I learned that the numbers matter the most.  Please give me your...

This question goes out to all multifamily owners/landlords in Columbus, Ohio. Is it a normal thing for duplexes to have a single water meter coming in from the city? Where the water is in the owner's name and the tena...

I received an inquiry from someone wanting to view a 1bed/1bath apartment with 452 sq.ft. It's very clearly labeled and described, plus the pictures make it clear that it's a small apartment. Here's the kicker: her an...

So in the market I live in (which is a relatively small town) it would literally be cheaper to buy land and build a 2 bedroom 1 bath house than buy.. it’s a crazy rental market and by crazy I mean everyone is renting ...