I'm curious to hear how others are doing with Emergency Rental Assistance Program. I only had a couple tenants (out of 400) that were behind on rent, but once ERAP opened up, they came out of the wood work. I swear th...
I know this would be a legal issue, check with your lawyer and all that, but I've got a couple of documents I want to make sure I understand, because someone I know is giving me a different read of what I think is rea...
Hello everyone! Looking for a bit of advice. I recently sold a shot term rental and was able to make a nice little profit! I'm looking to reinvest some of that profit and have a scenario that I'd like to run by the gr...
The term "cash-on-cash return" doesn't seem consistently defined. I'm curious if people are typically using operating (no capex reserves) or free (with capex reserves) cash-on-cash returns when evaluating deals as it ...
Hi there!
We're coming to Cleveland this coming weekend (6th through 8th of March). It will be our first visit. A realtor was supposed to take us around for the weekend but we have to switch because we understand aft...
If anyone has a strong understand of DSCR loans, I would greatly appreciate your input.- Say you're purchasing a house/condo with $3,500 PITI- Sellers have STR receipts going back 2 years, showing $40k per year in STR...
3/21/14 - I received a 30day notice in the mail from a Mo-Mo tenant stating they were wanting to vacate on the 21st of April. I informed them that it will be fine and that their rent will be prorated for that month...
Hi All,
I've recently acquired a few properties and have started using Stessa (since I get it for free with a BP Pro membership) for bookkeeping. All of my properties are being managed by a property manager and it ...
Hello BP Community,I would think it doesn't matter how you find/receive deals if it is a deal, assuming it is from a trusted source. If there is an opportunity to move on a deal, especially one that fits your criteria...
Morning,
I've got a question with regards to equity in rental properties. Would one be better off to pay a rental unit off with the income he/she receives from it or reinvest in another rental? It seems to me...