Anthony G
USAA Foreclosure Experience
A house that I'm interested in is going to the county sheriff's auction within a month. USAA is listed as the plaintiff. I wanted to find out if anybody had experience with USAA foreclosures. Specifically, how long do...
Johnny Quilenderino
4th and 5th Property
Good afternoon BP,So today we closed on two properties, a quadplex and a triplex, 6 of the 7 units were rented. I also turned them over to a property manager at a 7 percent rate.Property number 1) The AlamoQuadplex in...
Andrew Barajas
Lease-Option: Buy Price
Hello! Any lease-option sellers out there that can help me? If the lease is for two years, how do you calculate a reasonable buy price at the end of the lease if the buyer exercises the buy option? I have tons more qu...
Account Closed
Offering services to medium-term rental owners--general tips & local market questions
I live in the Raleigh area but own a medium-term rental for traveling nurses in New Hampshire. I love everything about managing the property, and even fly up there between tenants to get it ready for the next one! Hec...
Carlos H DeOliveira
Smart Thermostat / Locking the temperature
I'm struggling to find the perfect solution for a thermostat in my STRs and wanted to hear about how everyone manages through this.Do you lock your thermostat and manage the temperature remotely? Do you leave it unloc...
Sarah Lorenz
Critique of My Recent Stay at a Vacation Rental
I booked a rental at a Northern Michigan lake house recently, and now that I'm an expert, I naturally had much to critique. This was a 5 bed, 3 bath house right on the water, and more of a house-hacking STR vs. a prof...
Justin NA
Buying a Landlocked Property
HiI am looking for my first rental property. I have an agent and hes looking at 3 family houses in an old New England mill city. He found a good house for a good price. But the house is set back behind two houses. T...
Savannah Lewison
Please help me analyze this deal
I am not familiar with the West Mifflin area but from my research it looks like a good family area to own a rental that I would be house hacking. From my calculations this would be a positive cash flow deal. Please ta...
Jesus Hernandez
Advice for first property, my goal is cash flow in Central Oregon
I’m 21 year old, I don’t have a whole lot saved up unfortunately, about $5,000 cash and $12k i’m my 401k, I was wanting to talk to my parents about a HELOC on there property to try and help me out with my first one. A...
David Corvin
LLC?
I notice that just about everyone signs their posts here with an LLC. I don't know much about being LLC'd. Should I do that prior to flipping my first house or doing my first wholesale deal? If so, why? Is it a li...