Hi BP!Happy new year! I own three investment properties in Indianapolis that are professionally managed. I was on the phone with my property manager the other day and he said something that caught my attention. He ...
I'm looking to see if we could compile a list of the top 5 mistakes made by landlords. I'll throw out a few and hopefully we can come to some kind of consensus.
Note - to all who participate,...
In the past my tenants knew us as the landlords and owners. They'd call us if they had problems and issues. In the future we are going to take the advise of others and stay anonymous as much as we can.
Do you guys w...
Took a call yesterday from a local investor. She is looking to "unload" some units. The problem - she wants above market prices...:)And here's how this happens:She owns a PIG. Translation - a building similar to the o...
Those of you guys that have been at this I am curious how you handle the following situations. Everyone says to set your rules and keep them.Smoking:Pets:Credit:Felons:Age:First time renters:Previous evictions:Rent Co...
I have an STR I manage at a distance and have a property mgmt company handling the day to day. They have done a great job managing guests and the STR platforms to maximize bookings but when we returned to stay a few ...
I have just established an LLC for my SDIRA. The purpose is to use this LLC to buy and hold a SFR rental. I intend to manage the property myself. Are there any restrictions against using a credit or debit card with th...
Looking for some advice on how to turn down tenant requests. I would like to consider myself a "great" landlord. I take care of problems immediately and always think "what if I was living there what would I like to s...
If a new investor has around 300k to begin acquiring rentals, would it be wise to buy the first property ALL cash, and then draw on a LOC from that first property to buy the second ALL cash. Or just begin to purchase...