So I’m transferring 6 properties into LLCs simultaneously... a lawyer friend said, “to avoid any potential due-on-sale clause BS... you can actually contact each lender and notify/sign something saying I’m responsible...
Investment Info:
Single-family residence other investment in Lindon.
Purchase price: $375,000
Cash invested: $18,000
Converted our Basement into a Fully Functional Apartment- My only regret was that ...
This project has been an absolutely nightmare to say the least. I can't even sleep some nights thinking about itClosed around mid-feb, it's now mid-April and I've made barely any progress and have lost a ton of capit...
As I sit here working, I'm watching one of my favorite movies from my childhood, Iron Eagle. It got me wondering what movies the rest of you were hooked on in your younger years (I think this will separate us into ag...
How do you manage stress that comes with landlording?
Regardless Issue with tenant is bigger or smaller, life becomes stress full and I loose my peace of mind. Any advise on how to handle this especially if your goal...
This summer in the middle of the heatwave, the AC went out on our rental. It took four different technicians and about 5 weeks to finally fix it fully. It would work for a little then go out again. The tenants have b...
Hello All,
I recently purchased in Hope Gardens and love the proximity to downtown + the STR returns. I'm only in town 50% of the time due to work and it fits my situation perfectly. I have two friends looking for si...
I have tenant who has fallen behind on rent, and won’t pay his back rent. His rent is $700 a month. How much should our company offer him if we did a cash for keys deal?
Have a 4 bed sleeps 9 with an attached garage that is already fully insulated with electric/windows/and two entrance doors. When you are in the garage it has the same walls as the main living areas, so apart from the ...
Hey BP! Discovered the BP podcast about 2 months ago which led me to this forum. The information on here is invaluable and I really appreciate what I have learnt in the past month just browsing posts. With that being ...