Erin K.
Using Quickbooks for self-storage facility
So we recently closed on our first self-storage facility. The prior owners used Quickbooks and gave me their license and back up file, but I think that they were not really optimizing QB - mainly just used it to gener...
Ronald Perich
Anybody care to weigh in on the Ferguson bill passed on 10/11?
Ferguson (yes that Ferguson) just passed their version of a crime-free ordinance. Some of the new rules include:Continue to pay $50/yr for each rental property for a business "license"That license could be revoked or ...
Alex C
Leasing Property to Solar Company
I have been approached from ENXCO Solar company and they would like to lease my property of 20 acres located in Lancaster California. They initially offered 10k a year. I did some research but still confused and im...
Account Closed
Selling 4-plex in CO this Spring, get existing tenants on leases?
I am helping some family members prepare to sell a 4-plex in Denver, Colorado this Spring/Summer. They currently have 3 out of the 4 units rented to long term renters but they don't have lease agreements. They've be...
Account Closed
Selling to relative
Hi all!
I bought my first home in 2010 and lived in it for two years before I purchased my new home. It is currently a rental with a great tenant. I am considering selling this property soon so I can avoid ca...
Carlos Romano
Potential tenant with a recent late payment
Hey All,
Without going into too much detail about a potential tenant, i'm wondering how to evaluate the reaseon a recent (July 2023) late payment for an applicant.
The combined applicants (2 adults) have 4.7x rent...
Account Closed
PPR Note Course
Has anyone taken the note course from PPR Note Academy? It can be found here: http://www.pprnoteacademy.com/courses-workshops/we...I'm looking for any feedback either way.
Mark Costa
6-unit apartment building with RUBS implementation
Hello,I wanted feedback on a deal I am working on in the Syracuse, NY area. It's a nice neighborhood and close to amenities.I have an offer accepted on a 6-unit apartment building, which includes 5 1-bedroom apartment...
David Barwick
Choosing between higher income or better credit applicants
I’ve been showing and taking applications for my first rental property. The applicants all seem to fall into one of two categories:1. better than 3x income but credit problems ranging from missing some payments for so...
Earl G.
Non-Performing Note - VA Loan
I'm a new investor and am working toward my first non-performing note deal, but of course it's not straight forward. The numbers work for me and I'm working through my due diligence, but I won't be speaking with my a...