I am starting a PM company in the near future. I am curious what other PM companies do regarding inspections. Here are my questions:a. do you do regular inspections after a new tenant moves in and if so, frequency and...
Hello everyone-- I am noticing a trend emerging in background checks, and I would love to get your opinion. We have started pre-screening people before a showing using an app called "Forewarn". This app finds and comb...
I live in Virginia. I have 5 homes that I manage myself. I'll be getting my real estate license in a few months. My question is. Do I legally have to run my personal rental agreements through my brokerage and pay them...
Newbie closing on my first property, how do I keep my rental income separate from my personal accounts if I don’t have an LLC and therefore can’t open a business account? Should I just open a separate checking account...
- While I am out of country, how can i (a U.S. Citizen) resolve the cashiers check issue needed on demand, to participate in any onsite live auction bidding for real estate?- (in other words), how does an investor b...
For this who handle their own property management, do you take calls 24/7 or do you have regular hours? Can all problems wait until normal business hours? Just trying to get a feel for how others handle emergency si...
Good morning BP, In the early stages of putting together a formal partnership for a buy and hold purchase. I am looking for some opinions on structuring the deal. We have both agreed that everything will be 50/50 in t...
Has anyone actually made enough cash flow to use their property depreciation?
Hi, how do you check out potential REI partners? There's a starter article on BP
http://www.biggerpockets.com/renewsblog/2009/9/23/how-to-choose-real-estate-partners-and-the-criteria-to-use
which focuses more on whe...
I am thinking about renting my duplex out per room. The duplex is near Weber State (Utah) and I think I can get $350 - $400 per room. So a total of 6 rooms as per zoning. The cash flow sounds great but I am a littl...