J.P. Coghill
Appfolio On Boarding
15 January 2025 | 8 replies
They’re requesting what feels like an unreasonable amount of information, and the demands keep escalating.So far, they’ve asked for:A video tour of my home officeCredit checks on me and my partnerCopies of the deeds for every property we ownA copy of my partner’s home lease and utility billsBusiness phone billsA signed letter from the bank verifying our accountsBank statementsHonestly, it feels more like qualifying for a loan than trying to become a customer.
Lau Cor
Putting the investment in an LLC
21 January 2025 | 4 replies
When you are going through the approval process- we do request liquidity or proof of funds.
Celli Mowery
Who has interest in Kentucky?
10 January 2025 | 26 replies
A rent heavy market, with a shortage, I am receiving regular requests for rentals in these markets.
Joseph S.
Current PPR Reviews
25 January 2025 | 32 replies
They have always returned principal when requested in the past, as well.
Basit Siddiqi
Experienced SFH Investor: Next Steps?
21 January 2025 | 6 replies
Hello everyone, I am reaching out to the BP Community for suggestions.My Portfolio100% owner of 7 SFH PropertiesGP in about 30 SFH properties(of which I own somewhere between 25% to 50%)All but two properties are managed by a PM CompanyNet worth of the above is about $2,000,000 - $2,500,000My IssuesI have many SFH's - Which take up time(Currently spending time paying property tax and insurance, requesting quotes on insurance policies and overseeing the PM Company(approve rent increases, approve renovation projects, etc).They also take up head-space(having to remember property addresses, remembering when property taxes are due)(I have reminders/systems but something I would like to reduce)Goals1) Spend less time on Real Estate2) Free up head-space2) Make $240,000 annually from real estate(Which I think is not to hard if I can increase my net worth and can get an 8% return)Possible Solutions1) Sell all the SFH's and buy 4-Unit Properties to take advantage of conventional financing2) Sell all the SFH's and buy one large apartment complex3) Sell al the SFH's and invest in syndications4) Sell all the SFH's and purchase stock / bonds5) Continue to hold all the SFH's6) Any other suggestionsOther Considations1) Should I consider private notes?
Christopher R.
Homeowners Insurance/Landlord insurance/Umbrella insurance
23 January 2025 | 15 replies
Dwelling/Fire policies require that you request a limit for contents.3.
Tanya Maslach
Who pays - Landlord or tenant?
11 January 2025 | 15 replies
In my leases I put clearly that if a tenant flags a request as emergency and it is determined to be their fault or not an emergency they are responsible for the cost.
Sam M.
Agent commission and making an offer
23 January 2025 | 4 replies
In my market, we're seeing a shift from a pre-agreed upon % to provide to a buyer agent to sellers offering buyer agent compensation but leaving it up to the buyer to request how much.
Alex Woolums
Howdy, blue collar to investor.
20 January 2025 | 12 replies
Would love to connect - sent you a request!
Bayo Badejo
103 unit assessed cap rate of 5.4(accurate?)
15 January 2025 | 3 replies
Requesting investors insight in this market.