Hi Everyone,Just closed on first investment property recently. What is the best way to automate my tenant's rent payments? I'm looking for using electronic payments, and read about the app Cozy. Suggestions? Thoughts...
We are running numbers on a 9 unit near a large university. The owner states it is usually 100% occupied. I put in 5% for vacancy, 5% repairs and 6% cap ex (they just did the roof and parking lot as well as a few wate...
Does anyone have a copy of a rental agreement that you have guests sign before staying in your short term rental that you can share? I tried searching on the bigger pockets forms section but that seemed more geared to...
Hey BP network!
There have been a lot of forums on Renters Insurance. This is something I am implementing as a requirement (better late than never).😉
In case this is of help for some of you I thought I would share t...
I'm under contract to purchase some smaller multi's in rapidly changing neighborhoods. Next door to these properties on 1 side can be a 700k new build, and next door on the other side could be a boarding house. Occ...
Currently own four properties and will be establishing a property management company in Seattle this year. Any suggestions on software that is suitable / not too expensive for a smaller portfolio but will keep pace a...
I have recently sought interest in another possible income stream, the Coin Laudry business. I have found a couple in my area and am starting to analyze to determine if this would actually be a profitable and passive ...
I am looking to purchase a self-storage facility that was constructed in 2005. It consists of a mix of 5x10, 10x10, and 10x20 units. All are presently leased via an electronic "kiosk" style system, which also handle...
Hi Everyone!I've been doing some research, and landed on a question that I don't know the answer to. It is clear that an FHA 203(k) loan can be used to purchase a mixed use property under the following conditions:1. N...
We bought a single family home near downtown Denver, gave it to a builder for constructing a duplex after doing a quit claim to an LLC in 2018. The Duplex finished building in Summer 2019 and we sold it in fall 2019. ...