David Mathews
Switching utilities from one tenant to the next
Hello BP fam. Situation: I'm a fairly newbie. 3 houses so far and this month is my 1st turnover. I have a tenant moving out this month on the 24th and already have a qualified applicant who placed a deposit to hold fo...
Pierre Eade
Switch over to LLC or Personal Name - $4000
I have a duplex that I bought when I was first starting out that I purchased in my own name. Now I do everything in an LLC. I am going to refinance this property with cash out and have the option of putting it into an...
Nina Liu
Considerations for switching from radiators to PTAC units
Hi all, I have a 30 unit motel that runs on oil heat. We have ~350 sq ft studios with one radiator in the main room and one in bathroom. In an effort to use less oil, I am switching to PTAC units that include heat and...
Tony R Fox
Switching From Private Lender to Conventional Before Closing?
Hey Team! Looking for some help on some financing with my contract before closing.So I was going to buy a duplex with private money. On the contract that the seller accepted, I specified private money and would be abl...
Andrew Mowe
Switching careers to become a real estate agent!?
HEY BP COMMUNITY! I would love to get some honest feedback on my thoughts.I’m considering switching my career to become a real estate agent. I’m 25 and have been in the trades as an electrician for the past 7 years. I...
Phil Shearcroft
Purchasing in personal name then switching to LLC
Hey BP, I have an opportunity to get financing in my personal name for lower priced homes but need the initial purchase to be in my personal name. There is nothing stopping me after the fact from transferring it into ...
Matt Austin
Is it too late to switch mortgage lenders?
I have been under contract on a property for a while now (closing was pushed back in order to allow one unit's lease to expire so as to allow me to owner occupy), and I have been in negotiations with a local lender. ...
Ryan Moore
Switched Insurer, they jacked up premium after inspection
I changed my MF's insurance to another company, who quoted a better premium than what my previous insurer was going to be at. Now after inspection, they raised the premium almost 25%. The only notes I see on the pro...
Solomon Ganz
Six-Figure career switch to Real Estate Agent?
Hey all, I'm a 37 year old with a successful 15-year advertising career making six-figures. My largest frustration is that my salary is beginning to cap at low six-figures and the % of people making huge amounts of m...
Joshua Pavon
Rental Property switch from personal to an LLC
Hi, My name is Joshua Pavon. I have 2 questions. Question #1: I currently own a rental property that is under my personal name but would like to switch it under an LLC without losing the 2.8% rate that I currently hav...