Linda West
PM delayed renting unit/can I recoup rents?
I hired a PM on 6/30/22 to handle an upcoming vacancy. Confirmed in writing and via zoom chat that the unit would be ready 9/1/22. For reasons known only to him and to God, PM decided to list unit as available 10/15...
Drew Steusloff
Resources for Construction Education
Hi Everyone,As I move forward on my investment journey, I'm always looking for new ways to expand my knowledge. Right now I have one buy on hold property I purchased in October 2020 that I am currently House hacking ....
James Kandasamy
Tips to avoid too many low quality calls for "for Rent" Ad
Whenever we put for rent sign on the yard and the relevant junction near to the House we are planning to rent, we get too many calls asking for simple questions. These questions can be "Is the house a 3 bed, 2 bath...
Bemnet Merha
Feedback on my tenant screening criteria in Washingtons state
I just got my first rental property and finished the rehab (yaay) and am about to list it. I was advised to have written tenant screening criteria. I compiled one as below and would love your feedback. Also as per WA ...
Jade Davis
Due diligence?
When you do your due diligence on a property, what exactly do you DO? I am trying to create step-by-step instructions from beginning to end for how to actually wholesale a house and I'm stuck on this little tidbit.The...
Pwin Kumar
Finally Closed on First Investment Property What is Next?
HI BP I closed the 1st investment property I need suggestions on how to communicate with my tenant.
Should call them to introduce or should send them welcome mail with new instructions with my phone and bank details...
Paul Veronis
How to effectively manage a virtual assistant?
Hi Everyone,I have hired a VA to do cold calling for me. I was wondering what some good strategies would be too effectively manage and train my VA? What type of KPIs should I set for him? How many times should I set u...
Mark Lucido
IRS Form 8825 - Other Misc. Expenses
Is there an expert on the 8825 that can advise what's the best way to handle Misc. Expenses such as Accounting, Office Expenses, Suplies, Tools, etc.? I just started my LLC in 2015 and filed my return last year loggi...
Jim Workman
Which state has jurisdiction on a loan?
The borrower is in California. The SDIRA (lender) is in Nevada. The property is in Missouri.Which state has jurisdiction for the loan and regarding lending laws - usury?
Joe Henry
Deal Evaluation Spreadsheet - Am I missing anything?
I spent some time combining 4 or 5 other spreadsheets that do things like calculate your mortgage payments with various financing options, calculate your cap ex, and calculate your cash flow, GSI, GOI, NOI, CoC, etc.I...