I have learned a ton on BP and I completely agree with the notion of not paying the gurus to teach you stuff they may or may not be doing. However, is it ever a good idea to spend money on some training or to get acce...
I've been looking for my first rental property in Buffalo, NY area and using the rental property analysis tool from this site to do evaluations. I use estimates of 5% vacancy, 5% repair & maintenance and 10% cape...
Hello BP Experts,
I have a quick question.
I want to pull out some equity from my 9 existing rentals. Each of them valued about 250K all paid off and cash flowing. First Carolina Bank of GA offer me a $750k LOC fo...
I am in the process of refinancing one of my rental properties and need an appraiser to enter. The tenants do not want the appraiser to enter due to COVID-19 concerns. There is a multi-generational family living in th...
I'm looking for advice on how to best outsource bookkeeping for a rental portfolio of 15 - 20 SFR and small MFH units. Here's some background. 1) I suck at bookkeeping. I'm in the process of getting everything cau...
I’ve been on this site for about 4 months now. I have yet to find a local West Virginia Forum where they’re actively engaged in conversation. I would love to connect with investors who are interested in West Virginia....
Okay, I threw spaghetti offers at properties in Indianapolis last two weeks. One property came through and I now have it under contract for $8,000. My goal with this property is to rehab it, refinance it and rent it o...
Hello! I have been using excel for my accounting for 6 years. However with 38 units across 14 properties its becoming an issue. I do use Buildium to do applications, background checks, rent collection, tracking ect. B...
Can someone recommend a software program that helps manage rental properties, in particular, expenses and income?
I just started a direct mail campaign. I sent out 1,109 postcards in 2 batches. The first 600 hit today. I expected about 3 calls - 1/2%. I have gotten 23 calls - almost 4% and I could not get to all the calls. I...