Gary Ennis
Just Launched Our First Vacation Rental Property
A while back, my wife and I decided to rehab one of our long-term rentals in central Austin and convert it to a short-term vacation rental. After months and months of work, our first vacation rental property is now up...
Brian W.
Question about ability to pierce corporate veil with real estate held in LLC
If I buy a single family home to rent out in my name with a mortgage in my name, then quit claim the deed to my real estate LLC with the homeowners insurance for that property in both my name and the LLC's name, will ...
Joey Nakayama
Move-in fee v. security deposit
As a Chicago landlord, I've noticed many local apartment listings that ask for a non-refundable move-in fee instead of a security deposit. I suspect this is partially due to Chicago's strict laws regarding security...
Matt Joplin
City Code Violations Regarding ADUs - Sedro Woolley Washington
Hello, My name is Matt and I am a BRRRR investor in Sedro-Woolley, a small town located in Skagit County Washington. I am disputing the city right now and am being unfairly pressured regarding their perceived usage o...
Michael Zagorsky
I'm not learning anymore about RE anymore from the BP Podcast
Just some feedback on the PB Podcast.Things are really weird right now. Costs of rehabs and new construction are jumping. Risks of inflation are high. CAP rate sucks. There is a backlog of Covid evictions in some ...
Bud Gaffney
Purchased a 4 unit Multi Family - Rents WAY below Market Value
Hi all,I recently purchased a 4 unit multi family property in Taunton, MA. I bought the property in September 2019. They are all 2 bedroom 1 bath and approx. 1,000 ft2. The units are rented way below market value (It ...
Brad Sicoli
Rookie mistakes with 1st tenants; where to go from here?
Sorry in advance for the novelI bought my 1st rental property on aug 28. It was a duplex and in september I converted it into a triplex. The property came with tenants living in 1 unit month to month and the owners ...
Brian Washburn
To Carpet or Not to Carpet. That is the Question.
I just bought my first rental in Omaha, NE. It's a 3BR 1BA with 1900sqft. I'm putting about $6k into renovations, including rebuilding the bathroom from scratch and new kitchen vinyl floors. The house has about 1000s...
Saqib Raja
Should I withdrawal my 401K to expand real estate portfolio
Withdrawing 401K entails a 20% tax cut and 10% penalty fee but I want to use it to being my real estate journey and exit my 8-5 in the next 2 years. Any thoughts if this is a good plan?
Nicholas Weckstein
I’m stuck at my current position
This post is me blowing off steam or seeing if I’m missing anything. I currently own a Triplex with an 85k note left on it.
I profit roughly $750 a month plus whatever the mortgage pay down is. I’m not complaining. ...