John Kaeser
Collecting rent. collection agency
I had a perfect Tennant paid on time every month for one year.Lost his job at the end of 2015. Asked if he could use his security deposit for the last 2 months rent. I agreed. He stayed an extra 2 months after that, p...
Thomas Sulz
Interest on a Promissory Note?
Hi All,I am looking to fund some RE investments via private financing and had some general questions I was hoping the community could give me some feedback on.Obviously, the terms around a private loan could be struct...
Patrick Zepeda
Estimating rehab costs before or after inspections?
Hi all! I am having a hard time understanding the timing of the estimation of rehab costs. I thought you first estimated on a PSF basis how much the rehab would cost to come to a purchase price (PP+Rehab=70% of ARV), ...
Kevin Galus
Quickbooks 2014
Does anyone have a good guide or book in setting up QB 2014 for landlords?I cannot find anything other than landlordaccounting.com. I just posted there to make sure it will work with 2014.Thanks in advance,Kevin
Ravi Ramu
Help needed! STR permit in Tobyhanna Township, Poconos
Hello Everyone,
I'm hoping to get some advice on obtaining a short-term rental (STR) permit in Tobyhanna Township. I recently applied and submitted all the required documents. Everything seemed good until the townshi...
Jorge Caceres
home inspection worth it or not?
Hi,First time posting here but long time listener of the BP podcast. My wife and her siblings inherited a house which is in a trust. We are trying to decide if it is worth spending the money on an ASHI Certified Home ...
Paulo A.
Buying Single Family Rental Portfolio - Inspection Advice
Hello BP Members,My partner and I are looking to purchase a single family rental portfolio --- currently looking at an 8 property / 9 unit deal. All seem to be in very good condition with the exception of one, which w...
Eli M.
Title company makes a mistake
Dear BP community.I was wondering, is there a supervising agency that oversees the work of the title companies? In case a title company makes a mistake, whom can I complain to?Thank you all in advance,Eli M
Omer Zakai
Going over an inspection report
Dear fellows investors, After a few weeks of searching, I finally got my first property under contract ( Whee!!), a 3BR/2bathrooms townhouse in Birmingham, AL ( C+/B- area). I got it for $115K and the estimated rent ...
Mike Mefferd
Accounting Software Question
I have been slowly growing my buy & hold portfolio and I am getting to the point where managing my books from excel is not the most efficient solution. What does everyone recommend from an accounting software stan...