Peter Lammi
Rental Property Insurance - Homestead and Non-Homestead
I have 3 situations that I am about to find myself in within the next year and would love your input on each. I feel as though we find ourselves in at least 1 of these throughout our rental careers but I can't find a ...
Jim Peckey
Requesting help with screening our first tenant!
Hi BP,
As
rookie landlords, we've recently listed our first unit for rent @ $850 per month - an upper 1bed/1bath apt in a duplex that we owner occupy & currently live in the lower unit. We're hoping to get so...
Nikki Closser
Title company wants a standard policy without standar exceptions?
I'm under contract on an 11 unit apartment building. The title company wants to know if I will accept a standard policy without standard exceptions, which will not require a survey. Sounds like a survey would potentia...
Spencer Marshall
BRRR Exit Strategies
Hey everyone! I am personally working through a few BRRRs and have several clients in the same boat. The time has come to secure permeant financing on them. I am curious as to what LTV ratios and terms you are seeing ...
Adam Sporinsky
Where do you keep your investment and reserve money?
When the investors here have cash saved up for down payment money on a new investment property, do you store that money in a standard bank account, in the market, in some other liquid investment? Some combination of ...
Landon Lee
Hypothetical Tennant screening situation
Hey guys!Long story short, I am preparing to list my first investment property for rent within the next month, and I have come upon a scenario that I cannot confidently find a solution too. Again, this is simply hypot...
Tom R.
legal forms for rental property
I have my first rental property in escrow. I am currently writing up preliminary rental applications and rental agreements. I plan to take them to a lawyer for review and revisions. Lawyers charge by the hour so I fig...
Daniel A.
First Toe Into Real Estate
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Victoria.
Purchase price: $76,000
Being new to the real estate scene afforded confidence in my decision to buy this property. ...
Terence Purcell
Renting from yourself
With the recent increases to standard deductions - the taxation benefits of owning your own home have been reduced.Being a landlord continues to be tax effective.I have a family member who is looking to buy for themse...
Account Closed
Investment Property Tracking
What rental tracking software does anyone recommend. I have 34 units now. Starting to get burdensome with all the paperwork. At one time I had quicken and was not impressed or I was to dumb to use it. I am looking for...