Gurusubramaniam Sundararaman
Tools for managing multiple properties
How do you all manage multiple properties? I am finding it a bit challenging to keep track of all the URLs like HOA, Electric, Gas, Solar, Taxes, etc. in one place.
Kevin Polite
Strip 401k/IRA or self-directed IRA
I am considering moving my IRA to a self-directed IRA and told a friend and he said he took the tax hit and depleted his IRA and is happy he did. He said even with the tax consequences he came out ahead. He has comp...
Ken Latchers
What Gives with the Insurance Companies??
I always know that getting insurance on a property was a pain. Now:
-- the statewide rates went up 23% in one year.
-- the last duplex I got, they would only insure it for sales price ($46K), not replacement value
-...
Kyle Hendrix
First Investment Property: $600/mo Cash Flow!!!
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Youngstown.
Purchase price: $67,500
Cash invested: $21,000
Sale price: $67,500
Purchased this Duplex for $67,500 using...
Steven Loveless
The forest and the trees: questions after erentpayment issues
Many of you probably know about (or worse have lost money with) the erentpayment.com SNAFU; I was lucky that I had payments processed right before this all happened. (Link for those that are interested: BP erentpaymen...
Evan Bonnell
Cashing out 401k due to COVID-19 $100,000 PENALTY FREE
Anyone else considering doing this? Is this a crazy plan?My plan:
My wife and I lost daycare so we're splitting time off to take care of our children.
We have significant cash reserves and 75% equity in current RE ...
Shafi Noss
Standard Rates for Capital Raisers
Hi everyone,I've found several investors interested in apartment communities, about 720k worth. I've been talking with syndicators who offer GP membership in exchange for bringing some of the investment capital. One p...
Bob Kennedy
FNMA Foreclosure w/Tenant
Full Disclosure: I am a tenant in a property going through foreclosure, not a real estate investor. After searching on Google, then reading hundreds of posts here, I found this site to be the best authority and most ...
Tomeka Wray
Changing the Locks for a Rental Property
On average, how much do you pay to replace the locks on 2 doors (front and back doors with deadlocks and a storage closet) in the Maryland area. I received a quote for $500 from a locksmith and I think its a little ex...
Rae Edwards
Mobile home - what questions to ask
Need your help BP community. I was looking through Craigslist and came across this mobile home that is located in a MHP near my house. Ideally I wanted my first investment to be a SFH or duplex, but since I am familia...