I own 5 units. 1.Do I need to keep each individual security deposit in a separate checking account?2.3 of the units are in a 3 flat. Can I keep those together in one checking account?"Intermingling funds" makes this c...
Need some advice...Im renting a condo unit and have gotten lots of interest but seems like every time I run a credit screening Im seeing very low scores (with substantial old debt). Im starting to think Im being too h...
All,I just moved to Houston about four months ago for a new job. My plan is to buy a 2-4 unit when my lease ends in October. I am still trying to learn the area, so I am not sure about which locations in Houston are b...
Is the HELOC equity automatic in the property to use for the BRRR on the next property once you own it? After one year of owning and renting out the property with a tenant. Today, I spoke with a local bank loan office...
I've been looking through the forums over the past couple days to try and find an answer, but haven't really come across many posts that are more recent. I am looking into accounting/bookkeeping software to use for my...
Hi BP friends. I own a property in Tuckerton, NJ with an ARV of $325k that I’m looking to rehab and rent. Several GC’s have estimated about $100k in work. Being that I own it outright, and only need $125k (budgeting f...
I'm looking to get into STRs and have a LTR portfolio in Canada since 2012 (SFH and triplex). I've lived in Florida since 2014 and we recently acquired another SFH investment property here and have been renting it out...
Hello,
Im looking for honest advise positive or negative please. Im in my late 20's college grad with a 70K income. I'd like to start investing and possibly pick up my first rental property.
My situation:
As I menti...
I have been doing my research on BP for HELOCs. I wanted to post this to check my knowledge and see if i am grasping everything correctly along with find out the different exit strategies and results of the exit str...
Hello everyone! My name is Jesse and I am a new investor. I am about to close on my first property on march 22nd (tuesday!). It is a $250000 2 bedroom condo in the NY metro area. I will be renting this apartment out a...