Justin Paradis
Lender Will Not Allow an LLC
Hi, all,I own a condo that was once my primary residence and is now a rental property. I still have residential mortgage on the property at 3.75% I would like to place it in an LLC for some personal protection from li...
Chris Messier
Property owner won't allow Appraiser access.
Trying to purchase a 3 family investment property that is a bankruptcy sale. Per the listing agent the seller is bitter and has decided he will not allow the appraiser to enter the building. What are my options? Closi...
Jessica Hood
Does crowdfunding allow for DIY rehabs?
I am learning about crowdfunding now and am wondering...Do most crowdfunding companies allow for DIY renovations by the borrower? Or do they typically require contractors to do everything like most banks do?
Roy Mitle
convincing tenant to allow open house
My tenant is moving out end of next month. I asked her to allow me to do open house but she says she'll have to clean the house etc. etc. Basically it has been difficult to convince her to allow me to do an open house...
Jayson Trierweiler
My Vacancy Allowance Analysis for SFR
Essentially is as follows:New Lease Fee (one month’s rent) + Expected Missed Rent + “Refresh” Cash(Refresh Cash = the amount out of pocket to prepare the property for new tenants, after tenant deposit is spent)It look...
Jayson Trierweiler
Please critique my CapEx Allowance formula
These assumptions are based on a particular sqr footage. But how do you think the basic methodology works?thanks! Item Cost Life years Months Cost Per Month Roof $ 6,000.00 25 300 ...
Erin Carpenter
Denver Landlords-Do You Allow Pets?
Hi BP! I'm pretty new to the real estate game, but I've been a landlord for about two years. We have two rentals (condos) in the Denver area. I need new tenants in one of them this summer. So far I have not allowed pe...
Ana Novakovic
Which lenders allow external-only appraisal?
I’m looking to buy a bank owned property on an auction, and going to use a hard money lender. Hard money lenders require an appraisal to be done for as-is value before they lend money, but most properties I look at wo...
Andy Sung
Do you claim capital cost allowance?
Hi,I am curious if most BP members here with properties claim CCA during tax time. There seems to be two camps where:Take it : $1 save today is more valuable that $1 in the future, even with the recapture when sellin...
Anjesh Dubey
Is Cost Segregation allowed in DST
I am seeing that lot of syndicate and LP using cost segregation but wondering if same can be applied to DST offering?