Just wondering how to avoid hassles collecting rent if i am renting to 4 roommates? Also do you require them to pay for professional cleaners on a regular schedule so the property doesnt get trashed?
Hello, I’m curious if anyone has any tips on dealing with insurance companies? I had a pipe freeze and break on the top level of my 4 plex, it flooded the attic for 10 hours. It flooded the top and bottom units. The ...
I am looking for opinions on property management software. Here is my situation. I have a 48 unit managed by a property manager. The manager provides me with a spread sheet of expenses and income each month. I sel...
I am looking for another service similar to payyourrent.com where you can set up rent collection where YOU pull the rent out of their account. This is different from other sites that require the tenant to set up/chang...
I'm in escrow to purchase a Section 8 duplex that is fully occupied. I'm trying to understand the process of transferring the Section 8 Designation once I close. I've gone through the Section 8 Training presented by...
What are your requirements for the application process? I have put the following list, am I missing anything?Completely filled out Residential Lease Application2 years of employment in the same industryMust have a ch...
Dear BP family, A quick question here. What types of agreements do you have with your management companies ?Does the management company collects the rent at the beginning of the month and gives you your portion minus ...
Hello BP community. I am so excited to be apart of this community. I was recently introduced to this community by one of the best in the real estate business, Jason Dillard. I'm new to real estate investing and look...
I write lots of paper via self-directed IRA, typically for flips, but I also hold a $50k 2nd on a small commercial property. I am 12 months into 60 month balloon, interest only at 9.6%, $400 per month. 1st position ...
Hello all, Have been lurking for a while here, reading and listen to the podcasts. Great community resources! I grew up with my parents owning & operating multi-family buildings and homes in a smal...