Roseann Koefoed
Outrageous Water Bills
I'm under contract to buy 32-units in the southwest suburbs of Chicago (by far my biggest purchase). This particular town is pulling water from an adjacent river and the resultant water bills are off the charts, almo...
Ray J.
ADR (Average Daily Rate) Drop and Last Minute Bookings
Hey BP!!Wondering if in your markets for your STRs (Short Term Rentals) are you seeing the ADRs (Average Daily Rates) a lot lower than what you were originally forecasting for the year, and are the majority of your bo...
Sean Salandy
Will using HELOC lower my credit score?
I am planning to use my HELOC to purchase a property. The plan is to then refinance the property once the seasoning period is over and then pay off the balance of the HELOC and do the process over again. My question i...
Alton Johnson
Offsetting W2 and capital gains by investing into real estate
I've been lurking around for quite some time and finally at a point to where I can make some major moves in real estate. Aside from capital gains that I have to offset this year, I am also now an W2 employee and fall ...
Nikunj Merchant
Financial Planner / Advisor With Real Estate Experience?
Hi BP Community,
I'm at a point in life where I'm considering getting a financial advisor to advise me on the science behind portfolio construction. I very much enjoy managing my own money, and I'm above average whe...
Sam C.
New BP Member, Questions and Some Venting!
Started my real estate investing journey less than a year ago, and really enjoying it. Currently have 5 rentals. One rental is under a large PM company and the other 4 with a smaller PM. In one single family rental, w...
Jack Quin
House Maintenance Question
Hi,I have a question about the house maintenance. The tenant kept bothering me about a lot of repairing issue. I had replaced the refrigerator and washer since she moved in one year ago. When we signed the lease, I to...
Roy Gutierrez
My first rental infestation! FLEAS!
Hi guys,I'm not sure how many of you guys have gone thru a flea infestation but it's NASTY! One of my renter's lease was ending, 3 years never missed a payment, 3 young adults, one of the people leaving the house had ...
Paul Wakim
Tenants paying WAAAYYY under market rents (Legal)
Hey everyone, So I have a strong lead on some properties in the East End of Pittsburgh, one of which is a 4 plex that is more like townhomes from the 40s. 3 are rented, 1 is vacant. The rents are.... wait for it.... $...
Henry Clark
Self Storage- LLC Operating Agreement
Along with creating an LLC entity and creating a "Certificate of Organization", you need to have an "Operating Agreement".Attached below is a redacted copy. Virtually anything can be written in to this agreement. Wh...