Avery Carl
Coronavirus STR Data
I know there have been many threads started on Coronavirus and it's impact on STR's over the past few days, but I wanted to share this data that Airdna published today detailing the affects of it on different types of...
Robert Lasko
$60,000 town home
$60,000 purchase price with owner financing. 10% down payment with 6% interest and 5 year balloon.
3 bed 2.5 townhouse is turnkey and will fetch $800/month rent. Good location and surrounded by bigger, ne...
Marcus Johnson
shortsale paperwork
So I'm 75 days into a shortsale and the lawyers/Wells Fargo are sending me tons of paperwork to sign such as: Arm lengths addendum's, intent to comply with housing maintenance code, cash escrow agreement, Short Sa...
Ben Wakefield
Convert old house to SRO in Los Angeles?
Hi all,
If somebody wanted to convert an old house into an SRO for flight attendants (near LAX) by putting in bunk beds, etc. is that legal? Are there restrictions as to what can be converted to an SRO, or z...
Bill Gulley
Moderators on BP :)
I see where Josh and Jon H are getting some help!
J. Scott and James V were mentioned, but just posted and I see Jon K. as well, any others?
I'm a mod somewhere else, it can be a pain, but congrats I suppose in st...
Skip Reath
Valuing property held in 401k
Have a question regarding valuing property held in my 401k plan. In speaking to my 3rd party administrator regarding converting some of my 401k to the Roth election and paying the taxes they said I would need to get...
Charles Hsieh
Regular LLC or Series LLC
Hi all, I have 9 properties (SFHs and duplexes) in KCMO, and 6 properties in KCKS (duplexes) all under my name or my wife's name. I'm planning to switch to an LLC this year:1. Do you have any recommendations on a loca...
Bob Reynolds
Outdoor Maintenance on a Single Family Home
Hi folks. We are renting out a SFH for the first time and I was wondering what are the customary maintenance requirements normally imposed on the tenants. I’m thinking of things like mowing the lawn, weeding the garde...
Account Closed
Real Estate License Limitations?
As a new investor, I have been debating getting my RE license to help learn the business. I've read several posts on the forums and see this is a very hot topic on whether or not to do it but I have been finding more ...
Adrienne G.
Pets allowed vs. No pets policy
Hi everyone,I'm wondering what you landlords are deciding when it comes to the pets vs. no pets policy, and why you decided on it? I'm looking into buying a long term multifamily house with 2-3 units as my first inves...