Ryan Wamsat
Debt to Income Question
24 April 2019 | 9 replies
It's not part of our pre-licensing education, it's not part of our continuing education, and we are never tested on it.
Stephanie Jamgochian
Tenant Requested Lowered Rent AND a Dog
9 May 2019 | 40 replies
I would say the price is already below market and without a rent increase they will continue to remain below market.
David Cornett
Best Capital Allocation Choice
28 April 2019 | 4 replies
Option C - continue to analyze and save enough for a small multi-family property.
Cinda Hamm
Another Nasty Dog Pee Story- Need help for a happy ending
25 April 2019 | 10 replies
It should have a setting to allow it to run continuously.
Eric Peterson
New Member - Houston, TX
24 April 2019 | 3 replies
Living in this area over the past few years I've noticed how it's steadily improved, with great restaurants, parks, and schools nearby, and I'd like to continue living here, but I'm also not opposed to moving if I found a great deal elsewhere.Anyway, that's my deal, thanks for reading and I am happy to be a part of this community.
Walter Holmes
Foreclosure Auction Due Diligence
26 April 2019 | 13 replies
They continue to throw large sums of money at the problem, but outside of getting the nation to tackle a wholesale redo of the public records system, I'm skeptical they'll ever reach the nirvana they proclaim is possible.The problem isn't the analysis, it's the availability of data, and the accuracy of the data.
Warren Johnson
Does anyone have rental suggestions for condos besides VRBO,Air..
30 April 2019 | 7 replies
In your area, you might consider https://emeraldcoastbyowner.com - a number of hosts that I'm in touch with report good results.I'm further south (Tampa Bay) and also list on https://www.floridarentalbyowners.com/ and https://www.floridarentals.com - have had some inquiries but no bookings yet.I'd also recommend getting your own web site set up so you can accept direct bookings, particularly from repeat guests - we've been doing this for a few years now and our repeat bookings continue to grow year over year, and having a direct-booking option has worked well for us.If you're not interested in setting up your own web site and booking back-end, maybe take a look at https://www.houfy.com/ set up a listing and refer your repeat guests to your Houfy listing.
Mark Buchheim
I am in CA but properties are in OK
24 April 2019 | 1 reply
I typically just break even every year as the main investment strategy with these properties is to pay down the mortgage aggressively to eventually get to full cash flow potential.The questions I have are:1) Should I even continue to run the income and expenses through the LLC in general.2) Should I hold title on those properties in a different manner than personally and can I do a change without having to refinance?
Vivek Shah
How to get your properties into LLCs legally
24 August 2019 | 14 replies
Really the best way is to just use financing that allows for LLC which is probably a commercial loan, cash also works.If you have a residential loan (30 year fixed for example), then probably just leave it in your name Not necessarily.My Title policies state; “The coverage of this policy shall continue in force as of Date of Policy in favor of an Insured after acquisition of the Title by an Insured or after conveyance by an Insured, but only so long as the Insured retains an estate or interest in the Land, or holds an obligation secured by a purchase money Mortgage given by a purchaser from the Insured, or only so long as the Insured shall have liability by reason of warranties in any transfer or conveyance of the Title.”
James Dupont
Learning Real Estate
24 April 2019 | 5 replies
I would continue to educate yourself (this is the most important step at any age) by listening to the podcasts, reading the BP forums, books, etc.