Closing on my second rental next week! And in setting up all the paperwork, I'm wondering what are the pros and cons of having one bank account for all properties vs. having separate bank accounts for each. The main ...
Understanding Seller Finance and how Amortization is applied to the deal.I am in the process in researching and learning as much as I can about seller financing options since I am having a hard time securing a convent...
I've always managed rental properties in-house, and recently hired a PM for the first time to fill a new rental. I got notification today that they found a tenant, ran all the checks (eviction, credit, criminal backg...
The Investment:My husband and I have put in offer on a 5,000 sq ft, 100 year old SFH that was turned into a 4-plex with an efficiency apartment in back. It is a lovely property in a historic district, and we are lite...
Hi, I've moved out of state and turned my previously self-managed rental in Baltimore into a property managed rental after the tenants moved out. As part of the process for getting a new tenant, they sent a contractor...
If you allow pets in your rentals, and your state allows you to asses an extra pet rent amount... how much do you charge?We allow up to 2 animals, and all dogs must be licensed and releases signed so that we can conta...
We're 7 months into a 12 month lease, and are closing on a home. We notified our landlords early (45+ days notice) and they've decided to sell. Washington State.
I'm trying to find out our obligations on this lease c...
Hello, everyone!
I am hoping to connect with some people in Southern California, most specifically the Los Angeles area but I would also consider Orange County. I love that part of the country and one of my big go...
What are your biggest pain points with personal finance? What problems do you have that you wish someone would solve?Some of mine are:- Splitting recurring expenses with roommates (e.g. rent, utilities, internet, etc....
Good Evening BP!I was wondering if anyone had any insight on my current situation. I am looking to close on a property with my partner into our LLC. Is our only loan option the DSCR loan? Anyone have any experience ut...