Austin Wolff
Any rent-by-the-room investors or PM's in Northwest Arkansas?
15 November 2024 | 1 reply
When there's tenants already occupying the property, there's often times different leases that were signed among the tenants.Additionally, renting by room usually sees higher tenant turnover which in turn causes more work for the PM.Other challenges to consider:- Disputes/conflicts among tenants (different personalities if a tenant doesn't know the others prior)- Occupancy limits- Splitting utilities (what if someone uses more water?)
Pat Arneson
Private Lender Documents
13 November 2024 | 4 replies
Can he just wire the funds to escrow, I sign the deed of trust, and that's that?
Chris Williams
Finding Cash Buyers through buyer's agents
16 November 2024 | 3 replies
Should the property garner no interest from their buyer list, their Realtor list, their social media posts, their offering on BP, LinkedIn, FB, various property investor websites, yard signs, etc. then they would probably be willing to share their fee.
Clarissa Finks
Feedback on Management Platforms (Baselane? Stessa?...)
15 November 2024 | 6 replies
Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.
Joe Barty-King
What are the best ways to find cash buyers/investors?
13 November 2024 | 13 replies
Not unlike bandit signs, personal property signs will direct interested buyers to your own contact information.However, in addition to providing prospective buyers with a way to contact you, personal property signs are blatant in their attempts to sell.
Olivia Armstrong
Advice on first househack: buy down or refi??
17 November 2024 | 6 replies
When you do a refinance, you are signing a 1 year occupancy clause so you have to plan on staying in the home at least 1 year past a refi.
Vivan Bhalla
Akron Property review and advice needed
19 November 2024 | 3 replies
Going to guess that they have a solid contract, that you signed, that states they make no guarantees or warranties about the referrals they give.
Chris Kittle
Questions to ask on an 8-plex
17 November 2024 | 33 replies
Estoppel letters are signed by each tenant and counter-signed by the owner as true and correct.
Jeff Sitti
$100k Inheritance - What would you do?
19 November 2024 | 19 replies
Most of these young adults have no debt issues or credit for that matter... two of them said they don’t even have bank accounts due to not having parents to sign.
Renay Reese
Open Carry, Concealed carry or no carry while do business
19 November 2024 | 111 replies
Best thing to do is be alert and try to stay away when you spot potential sign of trouble coming your way.