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Upon purchasing my first rental property, my ex "almost" mother-in-law approached me about my willingness to offer the house to my son's father. Obviously, we are no longer together and haven't been for 4.5 years. All...
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Hello, I have been a member of an LLC since 2003. It become very clear that the other members and I must separate because we have grown apart. It is a 3 member LLC. The other 2 are in lock step and make extremely...
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I have a 6BR SFH in San Antonio TX that I will rent out on a room by room basis. I own the house and I am self-managing. My desired clientele are primarily traveling nurses, professionals and digital nomads. I have re...
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Hey everyone,
I have a rental property just north of Patterson Park that I have been using as a long-term rental for nurses throughout the pandemic. Long-story short, I decided to stop using it as an Airbnb in the fa...
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There is a house in my town near the college I’d like to buy. The seller has a realtor and I do not. How do I go about buying without getting a realtor? Or should I just use their realtor? Sellers usually pay for clos...
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Hi, I looked at many different banks for the managing of our rentals. Is it worth it to have different accounts for each building? Northone offers the option to create unlimited sub-accounts for free with the 10$/mont...
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Hi everyone, first post, I'm new to the site and can't wait to become an active member of the community. The set up, here goes, my wife and I own three homes the first in Ohio is worth aprox 65k we owe 40k, we h...
I've been listening to BP for a few months. About a month ago I found a property that would create a decent cash flow but my partner financing fell through. Two weeks ago we found another house but our offer was on ...
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So my partners and I have a "classic" dilemma. We bought 16 units (6 duplexes, 1 quad) on the same street 2-3 years ago (in 3 separate transactions). We paid about $66k for the duplexes, and $120k for the quad. We put...
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About the units...10- 2br1ba(built in 1975), 4- 3br1ba(built in 2002)single story, brickTaxes - $8,900 yr Insurance - not sure Great Rental History! 100% current occupancy. Asking Price $499,000. Avg Yearly Gross Inco...