Julie Dillon
Vacation Rental Financing
Anyone have advice on how to calculate the 'numbers' on vacation rentals?I believe it can have a good cash flow even with the added expenses as long as the property is in a area of high rental demand and the property ...
Kristian Conway
Self-Storage Conversion: Should I stay or should I go now?
So I've done residential real estate deals and seen some success. I work in construction, have done a lot of my own work and am a Civil Engineer by trade. In my hunt for another rental deal I stumbled upon an old ware...
A.j. Martinez
I have the opportunity to buy a "commercial" property for peanuts. Is this a good move?
For the record, I am a newbee. I have been lurking about on these boards for the last couple of months, and I've been reading everything I can, relating to real estate investment. I need some advice, and I was hopi...
Kyle Howard
Can a Quit claim deed get the job done?
I have a potential deal where the sellers are deceased and the property is behind on property taxes. The daughter of the deceased parents still lives there and has no issue with me getting the property. I believe that...
Andrew Simms
VRBO Guest - damaged our place and harassing
I’ll try to be as concise as possible:Had a nasty guest over Christmas. Left a bunch of trash (we charge $15/bag), she asked about this the night before checkout and confirmed the cost. We leave a starter pack of ever...
Alyse Oz
Philadelphia License and Inspection
I purchased a 3 family home in Philadelphia under an LLC (I am the sole owner). The home was not in the best condition, but ok. I think someone lived there before I became owner. The previous owner apparently did n...
Amy Niederhauser
LLC protection and bank accounts/ credit cards
Hey!! {first time posting}... So, I have a handful of rental properties in my name and I'm in the process of transferring each of them into their own LLCs, and I was curious if I can use one bank account and one cred...
David Huynh
Dog issue - Tenant moved in puppy without consent!
Hey BP members,I purchased an 8 unit that allows dogs & cats under 35 pounds. One of my tenants is currently paying the pet fee of $35 for her one dog but wants to bring in another dog (German Shepard) and I told ...
Jay Garrison
Contractor won't share license info w/o signed contract?
Hi,I am in talks with a masonry company to do some major repairs to my chimney. I have been sent an estimate already, but when I asked for the contractor's license info (they were referred to me by my carpenter) I was...
Marc Dufour
Accept or deny?
I am planning to rent a property in southern california. Here is the situation
1 - I only received 1 application after 6 open houses and dropping the price to market value
2 - the application is an arti...