Beau Brockway
506(b) Exploration and Advice Needed
Hello,
My business partner and I have just set up our LLC and are beginning to source properties for our first purchase under our LLC. We are purchasing our first property(s) by using a funding source from someone w...
Will Kenner
HVAC service company
After a few initial calls for commercial HVAC servicing, I've found many are not taking on new customers. Good problem for them, but tough on us property owners! If anyone can message me with a company they recommen...
Peggy Lindsay
Renting to a tenant with insurance claim
Hello BP Community,I am new to being a landlord and would like your feedback on a prospective tenant.This person lost their home and wife in a tragic single home house fire in June 2020. His insurance company is placi...
Alec LaBounty
Dealing with an unorganized HOA
So, long story short. I purchased a home in 2018 with a HOA. They had changed management a few times, and are now self managed (yikes). On top of changing rules regularly, and threatening fines for rules that were cha...
CJ M.
How are property taxes estimated when escrowed?
At closing, when a mortgage company estimates the amount of funds needed in escrow to cover future property taxes, do they base that off the county tax % and the purchase price/appraisal, or solely off the prior year'...
Douglas Stewart
Transferring Utilities to Tenants
Hi All,I've had a rental for 8 years with the same tenant. In an effort to get it rented initially I agreed to pay utilities (~$100/month). She is finally moving out and I would like to transfer the utilities to the n...
Account Closed
Kansas City MO rentals
Dos anyone have much experience with buying rehabbed properties in KC MO just east of 71 between downtown and Banister? I am interested in buy and hold for long term rentals, is this a viable endeavors?
Jeff Williams
New to SDIRA investing
Ok, so when I approach someone with the SDIRA investment opportunity, how long does it take for their current IRA, to be transferred to a Custodian and able to be used for investment? Now, let’s say I land a quadplex ...
Luis Rondon
How to Select tenants?
My business partner and I are looking to begin investing in multi-family house sometime next year, What are some criteria to look for when looking for tenants? Also what are some rookie mistakes that first time invest...
Jerome Morelos
Financing a Detatched ADU using Renofi.
Hey BP, does anyone have any experience with financing ADU's? I am thinking of financing a garage conversion ADU on my primary residence. I have been researching different loan programs and Renofi stood out to me sinc...