Nicholas Sanchez
HOA Special Assessment
Hello!
I was recently assessed a $200 charge from my HOA on my personal residence in Chicago. The charge is for a "dryer vent cleaning" that each unit must do. I was just wondering why this is not a part of the month...
Rick Baggenstoss
Reporting templates for Short Term Rentals
I have a few listings and feel like I need better analytics to get improve. What are you using for analysis tools? What are some of the more interesting measures? Mostly, I've been focused on revenue per month and ...
Account Closed
Scheduling app for on site showings
Hi all, just wondering if anyone has an app recommendation for scheduling showings with my on site guy. I’ve currently got 4 units I’m advertising and keeping the where/ when straight is becoming a bit of a hassle for...
Account Closed
Ingore or screeening out certain things
On the Motley Fool site they have a feature that lets you set a thread to ignore. You can also ignore individuals which means you do not see what they post in thread you are reading (just an indication that they have ...
Paul Salmela
Any real world examples of an LLC protecting your assets?
I have read several articles on BP that seem to indicate that one should create an LLC for rental properties. I own several rental properties, put my personal name on the title, and have significant equity in most of...
Lawrence Paul
Should I Cash out Refinance!?
Hello again, BP Member.Just wanted to come and get your thoughts on three properties that I own and was thinking of doing a cash out refinance:Two are investment properties that have had their value skyrocket and one ...
Rian Ash
Adding Spouse Back after Quit Claim- More than 10 properties
Hi BP experts,
So here is the situation I find myself in. Between my wife and I, we have 11 properties. I have the primary residence which generates no income and for the properties which I own, I have done cash-out ...
Christopher Leday
Does tenants deposit transfer to new owner?
Im in the process of getting ready to purchase and finalize on a triplex. Its a 3br 2bth home with (2) 1 br apartments. Of course after renovations are complete I will be going up on rent to be competitive with the ...
Brian Christensen
Question for experienced wholesalers
As a wholesaler, when you have your list of pre-foreclosures (NOD & LIS's), how do you approach someone on that list to start the process of selling?
Do you call them? If so, what do you say to not scare them aw...
Jeff Adema
Financing Advice
Would love anyone's feedback on the following scenario:My wife and I own a few single family home rentals. We plan on selling one and doing a 1031 for about $70K equity from one of those homes and utilizing that to fu...