Travis Schmidt
Tenants refusing to pay for damages found during move out inspection.
My previous tenants piled up a significant work list of repairs following out move out inspection. The cost of the repairs the tenants are responsible for is an additional $4,526 after taking thier full security depo...
Account Closed
Best Way to Keep Buying Momentum with Limited Cash Reserves
Im looking at my first investment property in Philadelphia and I have about $30k to play with. Im trying to decide if its better to buy one large MFH, putting down the entire $30k, or to purchase several properties. B...
Duane Gunkler
Renting to one person vs. Renting two rooms separately?
Curious to hear opinions on the BP Community's experience with rentals. I am under contract on a 2/2.5 Townhouse that I will be renting out. It has a great roommate floorplan with all living space downstairs and two...
Alex B.
LLC Renting a Residence to be Office / Living space.
Not sure this is the right place, but google searches kept pointing to threads here (but none exactly like this). Thanks in advance.I have a sole member LLC, taxed as an S-corp located in NY. Currently out of my apart...
Xavier A. Malave
First Home Purchase, House-Hack Fourplex
Hello!I am currently looking to buy my first house and turned into a house hack with a fourplex,Anyone in Texas that can recommend me lenders to get 3% or 5% as down payment since the lenders I have talked are asking ...
Sean Forner
Replacing HVAC Unit and Ducts
My tenant complained about not getting enough heat last week. There are only two rooms in the upstairs townhouse that are getting low air flow. The HVAC company came out and said that the HVAC unit is too big for the ...
Account Closed
Retaining deposit after terminating with cause
Rented to a man with one dog. After it turned into man, woman, 5 dogs, 3 cats, and rent paid apx 30 days late every month, I served a 10 day notice under the basis of terminating with cause. They did leave within 10 d...
Clayton Maxon
Renting Home with HELOC on it
Hey BP,My wife and I plan on renting out our personal residence within the next year after we move. Has anyone had the situation where they got a HELOC on their personal residence and then rented it out shortly after?...
Brett Deas
Ways to get financing as an LLC for STR's?
For some context, I have been told you can't close in an LLC in CO if you are obtaining financing, I am not sure if that is entirely accurate. Either way, I am looking for a workaround to close in an LLC but also obta...
Amol De
Need contractors for Atlanta suburb TLC project
Hey all,
I am under contract for a property in Morrow, Georgia which needs TLC. I have a detailed inspection report. Along with repairs, I would like to remove & replace certain elements of the property to make i...