Ying B.
Setting Rent, Security Deposit and Fees to Displaced Tenants Covered by Insurance
I have a high quality 4/25 single family unfurnished rental in Atlanta suburb that currently asks for $2500 rent. It used to command $2650 but through the winter, I have reduced the asking rent to $2500. Due to larg...
Ryan Terrio
Refinancing Non-Warrantable Condo
I would like to refinance a condo in Destin, FL being used as a short term rental. I found a lender who offered rates that seemed too good to be true (6.125% 7 year ARM) but found him through recommendations from othe...
Account Closed
Does your 401k send you checks every month? – My properties do...
Someone just told me that their 401k just sits there. It doesn't send them a check every month. Sure, they said, they get a growing amount (as long as the stock market doesn't crash) but when I saw their numbers, it w...
Matt Fisher
Creating my domain name? Personal or "We Buy Houses"
I am planning to start a website soon and want people's advice regarding my marketing strategy as it relates to SEO.I have recently had an eye-catching logo designed that I hope to use on signage and draw customers by...
Ketan Patel
Background check website and how long?
I am using Cozy.co to do my background checks among other things. While the credit check normally comes out instantly the background checks are taking up-to 5 days (for someone with past issues). Cozy.co uses another ...
Ceasar Blackman
Anyone ever use Postcardmania.com ???
Hey
I called them up to ask some questions about using them for a few mailings of postcards and their rates were good. They work with you to design your own card and etc. I just want to know has anyone had a...
Steven Torok
Tax implications of reinvesting 100% of profits
Hi all! I would like to understand what general tax benefits exist if 100% of rental profits are reinvested into new properties.I own, through a LLC, a few rentals which are fully paid for, and am in the position to ...
Jonathan Hagan
First deal opportunity analysis help / valuation problem
Hey everyone,
I have been reading BP for a while now and I am finally in a position to potentially make a first deal. An agent informed me of a potential multifamily deal in the area here, and it looks like it...
Brandon Hicks
Sue the bank for blocking deal? No due on sale clause.
Long story short....I am negotiating on a commercial property financed with a commercial loan held by a small local bank. Seller is willing to sell to me on land contract with no down payment but the bank is threateni...
Alan Francis
Raising Rent on Inherited Tenants
Hello BP,I currently own two 4 unit buildings. Both buildings came with inherited tenants, and lower than market rental rates. My initial intention was to clean up units and raise rents as tenants move out, but I ha...