Evan Smeenge
Putting Money Into Your Pocket
So,Let's say I have $4,000 per month profit in rental income, how do I legally take a cut of that...I'm formulating a plan to get enough rental income to pay my own personal mortgage, how do I do that?The money would ...
Nathan Williams
landlord collection agency service for outstanding balances?
Im tired of letting tenants bail out with unpaid rent and damages that exceed well past the deposit. But I rather not have to deal with small claims directly. Is there some sort of collection service where I give th...
Naqib Hossain
A quadplex Analysis and possibility of rehab cost.
Hi,I am new to this investment, but I checked this deal and looks to me like it has so much potential. I need to know how much I can spend on this quadplex after purchase.https://www.biggerpockets.com/...
Becca Barnes
Crackeed Schrader Tube in air conditioning
I have a rental property and had an a/c guy come look at the cooling system as the tenant said she had it set on 69 but was running close to 75 degrees in the house. He stated that the schrader tube where it was sold...
Tariq B.
Late Fees For Property Managers
Ok, so here is my question. Every time I have a tenant late on their payment. The property manager will charge them a late fee should it be after the grace period. Now when I finally do receive payment the property ma...
Arthur Zhou
Co-investing in SFR: appropriate way to account for taxes
My friend and I plan to buy a property together. I'd be a general partner making all the managerial decisions and only my name would be on the mortgage, while my friend would be a limited partner who would contribute ...
James Kim
Out of state investing and coin operated washers
Hi BP,Has anyone done out of state investing where the property had coin operated washer/dryers? How did you handle the collections/management of the money for the washer/dryer?Thanks!James
Alan Bostick
Wholesaling with an agent?
I was wondering if I have a property to purchase under contract (example purchase 120k and the market value is 190k) could I hire an agent to put this property on the MLS to get market value or close to it, with me a...
Adam Rothstein
Rehab estimation - adding a driveway
Hi all! Hoping for some insight. Currently looking at a property that as it stands, does not have a driveway or a garage. There is a cut out basically in the front yard to park cars, but that’s it. However, there’s mo...
Dominic Olguin
MO MONEY MO PROBLEMS
I recently went under contract for some townhomes in a Texas college town. I'm struggling finding a property management company that rents by room. ( as I knew it would be a challenge) any experience people have some ...