Patrick Strain
HELOC on rental property.
I have a six unit rental property which I own outright. I'd estimate the value of the property at around $250k. I'd like to open a HELOC for future investments, but my main bank doesn't allow you to use rental propert...
Aaron Wyssmann
$1,000 gone missing...
So here's the story of the missing $1000…I work currently for a property management company and we have around 300 single family units. You can imagine that the first of every month is crazy with people bringing in t...
Brie Schmidt
Milwaukee code violations
I was talking with one of the DNS inspectors a few weeks ago and he told me some interesting things. 1. If you have a no trespass sign on your property they cannot step foot on your property to look for violations. ...
Byron W.
Can I use check copies & credit card statements for expenses?
I'm living in a tri-plex house hack. Renting out 2 units and living in one. This is currently the only property I own. I've had work done on the building itself (roof repairs) and remodeling work in one of my previous...
Kenneth Dai
Out of state turnkey with Memphis Invest
A bunch of folks have asked me how my experience with Memphis Invest has been going. It has been great!I closed on two properties last year, and both have been performing about the same, so I'll provide details on on...
Bryan La
Screening process and requirements for tenants
Hi BP!What's your process and requirements for screening tenants? I'm in Texas Thank you
Edita D.
Would you allow unsupervised showings from a lockbox?
Hey guys!
I am looking for a property management (PM) out of state, and I came across this PM that ALLOWS unsupervised showings from a lockbox... I was advised they require the prospective renters to take a pic of the...
Nat Rojas
Searching for CPA: Initial Fee?
I’m doing research online, through BP, and within my network to find elite CPAs/EAs/etc. that a majority of their client base are Real Estate investors.
In my search to find and schedule initial consultations/intervi...
Krystle Moore
30 unit building in San Diego
Investment Info:
Large multi-family (5+ units) buy & hold investment in National City.
Purchase price: $5,700,000
Cash invested: $2,000,000
29 unit apartment building with one unpermitted unit. C...
Aliz Raksi
Turning around an out-of-state 5-unit in OH... follow along!
We just closed on our first out-of-state property yesterday (in Cincinnati, OH) and are excited to start turning this badly managed property around!We made our offer of full list at $199,900 for a 5-unit with pro-form...