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I'm not much of an accountant, not like a real CPA but, i was wondering, I went and looked at opening an account at Equity trust company www.trustetc.com. SO as part of due diligence, I asked them for documentation a...
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I have a question for all you successful flippers, whether you have done 1 deal or 500, how did you find your first property?
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Hello folks,I am heavily using CL to find my first deal. What I have encountered so far is a multitude of sellers trying to sell not only above market price but insanely over. I am new to talking to sellers and negoti...
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I'm always still nervous when making an offer to a homeowner. I sit down, work up my numbers, got my comps and repair estimate together and I'm ready to go. Still, I'm always nervous when I present the offer. I know s...
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Hi all, I am considering the following strategy for a house hack in Old Town Alexandria. I am looking for a property with a walkout basement and I would rent out the basement as a STR. From what I’ve read on BP, the c...
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I’m wondering if a landlord in Indiana can take a tenant’s stuff out of their rental home after they’ve been evicted (they just left their unwanted furniture and trash there after they left) and immediately put it on ...
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Hello BP Team,
For those of you who outsource your property management, can you share how you manage your property manager? Do you have regularly scheduled meetings (Yearly/Quarterly/Monthly)? Are there certain metri...
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I started an LLC partnership two years ago for rental real estate investing. The LLC currently holds two properties, one of which has been put into service. The properties obviously have their specific income and expe...
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My friend just rented his place out to a new tenant, with a move in date of this coming Thursday. New tenant is going to pay for all utility...His previous tenant moved out about 2 weeks ago and city shut down water a...
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Is it possible to setup an automatic transaction each month from the tenant's checking account into my account for rent collection? I imagine that the tenant's bank needs a voided check from me in order to start the ...