Does anyone here own rentals in Minnesota (st. paul) and rent to prior felons? My neighbor, who rents from the duplex next door to mine, has a 10-year old felony but since has no criminal record. For those of you wh...
I’ve read some material that says starting out with Hard Money is not a good idea. Does anyone know why this is? My main strategy will be BRRRR and I plan to incorporate hard money into my financing. Thanks for your i...
What do I do if I cannot find the lien holder that has recorded mortgage on a property?Situation:I am working on purchasing a single family property. However, it was discovered during the title search that a lien (app...
Hey guys,My name is Jack Farrell and I am new to the BP community. It's incredible to see how engaged and helpful this community is!Question for y'all:When considering a property to purchase what are the documents/fin...
I have recently begun working with an individual to help me with paperwork and other tasks.My top three tasks as of now are (after training): 1. Paying bills and recording financials.2. Organizing all files both digit...
Excited to say that I have purchased my first investment property. I plan on flipping this with my brother we used an FHA 203k loan which was more expensive then I was expecting and a hassle. I know have a foot in th...
Hi all,I recall a podcast talking about the best anchors to buy near (I.e. hospital, higher education) since they're solid organizations that won't evaporate and will always need housing for their employees and/or pat...
Hey everyone!I do bookkeeping and cloud back office implementation for real estate companies. I just wanted to ask a few questions to help me better serve this community. What are your biggest challenges when running ...
I'm a multi-unit buy and hold investor that does some flips when the opportunity presents itself. I'm curious how other landlords/managers keep track of everything. Specifically I'm curious what systems you've develo...
How do you all organize your rental property bank accounts?Bank Account per property? Pros: Would be very easy to see expenses/costs etc. Cons: Would end up with lots of Bank Accounts but still organize them all under...