Aaron Fischer
Transition to Inspira Financial Trust from Quest Trust Company
21 January 2025 | 3 replies
The challenges experienced in the cases mentioned above and elsewhere would be non-existent.
Olya Sorokina
Which Kitchen Design Would Sell Better?
24 January 2025 | 7 replies
I own units with no kitchen window and have had tenants mention that it just feels weird. 2.
Jason Burkart
Gift money for family or buy a rental for family?
27 January 2025 | 9 replies
Quote from @Jason Burkart: Quote from @Theresa Harris: Whatever you do, I'd keep it in your name if you are the one paying for it, in part for some of the reasons others mentioned (if at some point she goes into a retirement home and needs to use her assets to pay for care).Are you able to pay for her home for 10-20 years?
Todd M.
Inheriting tenants and no move-in inspection
26 January 2025 | 5 replies
To add on to what everyone else mentioned, do an end of the lease inspection before they start moving out.
Kyle McVay
Looking for Property Management Rec.'s
20 January 2025 | 5 replies
We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
Robert Pickett
How to roll over 1031 exchange funds
29 January 2025 | 5 replies
We are in all of those markets you mentioned and can help streamline the process for you.You can also click on my website link in my bio to schedule a call!
Brian Chadwick
Selling one home to get three - smart or stupid?
21 January 2025 | 20 replies
The only thing I'd mention is cash flow with a paid off property is a lot higher than with a mortgage, so it is 6 of one, half dozen of another.
Steve S.
What type of locks do you use for external doors on your rentals?
25 January 2025 | 18 replies
i have looked into the Landlord locks as mentioned but have not used them. i have one student rental where i use an electronic lock ( that i can control from anywhere, change codes etc.), but the bedrooms are regular keys, as @Jonathan C. mentioned for the front door, the unit is set up to send me an email when the batteries are low. i also have another student rental ( 8 rooms, 2 entry, 2 units + utility room) one master key and each bedroom has its own key that will get students in the entry, there unit, and there own bedroom. had a locksmith do that one. cost me a few hundred dollars with keying and supplying the locks ( 13 total ). i like both setups but may look into the landlord locks again for my 3rd student rental i just purchased.
Tomoko Hale
A possible first STR property?
28 January 2025 | 29 replies
Let's say 20%...now let's do the math:You offer $320k, 20% down is $64k so you finance $256,000 @ let's say 6%....you neglected to mention where this property is(!)
Jacob Sallblad
Inherited 28 unit portfolio
21 January 2025 | 6 replies
Not to mention, you're adding an appreciating asset to your portfolio.