Account Closed
What do you make your tenants agree to in order to protect yourself and your property?
I am concerned about my liability in my rental real estate venture. For instance, my insurance will not cover pets, so I want to make sure my tenants agree to not keep dogs. Am I legally protected if I write up a lis...
Heather Finley
I'm building and seek advice from seasoned investors
I have a single family house that I have just begun to rent out.
It's older and I don't want to keep it too long...but am glad the tenants are paying my mortgage (!). Yes, I did all the things I wasn't supposed to......
Account Closed
Maintain Investor status
I have been flipping houses for 3 years now. I have been doing this under a c-Corp. I have been taxed as a dealer. I started a new LLC to buy and sell house, plus rentals. I learned about dealers vs investors and ...
Dina Harleth
Type of insurance for primary residence that will become a rental?
Hi everyone,
My father recently gifted me the house I grew up in, and I found out that there is no insurance on it. I am trying to figure out what type of insurance to get given that I am currently living in it but...
Marc Mahadeo
Fannie Mae 10 Property Financing Rule
Good afternoon BP family-This is my first post out here as I have run into a snag. I am currently in the process of refinancing two duplexes and my current portfolio is holding me back due to structure. I purchased ...
Jane Johanson
My first BRRR .... do these numbers make sense?
View report*This link comes directly from our calculators, based on information input by the member who posted.
Alex LaBelle
Landscaping Negligence caused AC to go out
I recently had our tenant notify us that the AC was not working at the property. We promptly sent out a technician who determined that the AC went out as the shrubbery had grown to a negligent level around the condens...
Matthew Longwell
Tenant/Handyman Compensation Built in the lease?
Hi, I've made an account just to ask advice on this question. Currently I'm negotiating with a seller who is a contractor and has rehabbed a single-family property. As a side agreement, we are asking him to convert pa...
Michelle Pinneo
Do I need to register my LLC in each state I'm flipping houses
I have a few questions regarding house flipping. I will be flipping a few houses this year in a couple different states. I have not started the LLC process yet but I was going to today. I thought it would be best to e...
Scott Long
Valuable property
I have found a gem located in St. Louis, MO!The owner is asking $175,000 because they don't want realtor commission to cut into their profit. They are willing to go down to around $150,000 for a cash buyer. I viewed t...