Kareem Protain
Screening property managers
Happy Sunday all! I'm looking to do my first OOS deal on a SFR. I don't want to self-manage (pita), and I also want to focus my time on acquiring more props in the same area. What are some red flags (or green lights, ...
Jeffrey Berry
BRRRR the best way to describe it to your non-REI literate spouse
Hello BP nation, looking for a little advice or a good article on how to best explain the basics of what a BRRRR is to my non-REI literate spouse. I just recently got her to read Rich Dad to understand "Assets" and we...
Julio Gonzalez
What is Considered a Quality Cost Segregation Study?
As most of you know, as part of the IRA, the IRS was allocated significant funds to hire new employees. With that comes an increased audit risk. One of the things that IRS auditors look for when auditing a cost segreg...
Nicholas R Paust
Newbie landlord looking for advice on non paying tenant in NJ
I recently acquire my first rental and the tenant paid the first month on-time. As of yesterday Aug 1 they are now two months behind. I reached out to them the first time and apologized and said they are going to be...
Stacey T.
How to handle mid-term renters who want to tour an occupied house
I currently have Airbnbers in my mid-term rental. She'll be staying until Feb 28th but there are prospective tenants asking to take a tour of the house now and want to rent starting in early March.I like to preserve t...
Nick Cooper
Conventional loan says I must occupy for 1 year
I just closed today on my first property. We done a conventional 30 year loan and at closing there was a paper I had to sign that said I must have the home as my primary residence for 1 year. My wife and I are thinkin...
Jason Mcdaniel
In need of a contract to make offer with seller financing
Hello all! I'm in serious need of advice and also a contract!I'm currently in the process of looking at a multifamily property that is off the market and I would really love to buy it with seller financing. My bigge...
Ben C.
Making an offer in llc name vs personal name
Does anyone feel like making an offer in an LLC name lowers your chances? For example someone attached to their home might feel more comfortable selling to John smith vs abc development llc...
Marc Dufour
Accept or Deny this tenant?
I have a tenant with good salary and good credit....BUT it has a two entries on the "criminal record search" that he cannot explain. I have the case numbers. Can I get more details on what happened from a case #? S...
Richard Beatty
Raise Rent/Extend Lease ?!
Hello Everyone,I will be closing this week on a 3 family in the Dorchester/Boston Area. The tenants are At Will and pay a few hundred dollars less than market rent. My plan is to reach market rent without the Tenant...