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Hello!I have purchased 2 duplexes in 2022. One was rehabbed and now is in the process of being rented. The other is in the rehab phase on half and the other half is rented. I realize I should have opened business acco...
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I have a house that used to be my primary residence that has $109k mortgage and $73k home equity loan that I used for stupid stuff as a kid. It would cash flow pretty well if only had the 1st but I have been renting ...
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Good evening BP,I started a new LLC for my buy and hold properties and I'm trying to figure out how I should "properly" fund it. I opened up new bank accounts under the LLC and want to move funds from my "personal" ac...
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Finally got my first deal done it was a estate sale just get got word back from the attorney here in Washington D.C. soooo excited to just see the process from beginning to end (from demo to tenant screening) this is ...
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Good Afternoon,
Tomorrow I will be closing on my first property that is a three bed two bath condo and has 1,499 square feet that I am planning on house hacking. I would like to know for tomorrow what to be prepared...
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Hi BP,I've been reading through the site and looking at different tips from you all (thanks btw). I, however, haven't found a thread on what to include in my direct mail letter. I am ready to begin sending out letters...
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Hey,Here is a question related to move-in fees. I had screened and approved a tenant for August 1st. I notified the applicant of the approval, received the move-in fee, approved the application, and after I sent th...
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Okay guys so i'm getting ready to send letters out and my questions are as follows: Should I hand address each envelope? (Only 150 or so)Should I not include my personal address as a return address for privacy reasons...
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I'm going to give a tenant a 30+ day notice to vacate by September 30. Last night, they had a kitchen fire, causing minor damages. I'm wondering if I should have them file an insurance claim, or just keep their depo...
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This is similar to this post, however I actually met with the fiance of the person who is in jail. The story is that the property is owned by the person in jail, and the fiance has power of attorney for that perso...