David Moore
Hired a Property Manager
Just wanted to post that I hired a property manager for my four plex. I've been quite critical of Property Management companies, stating they are a waste of cash. We had experienced high cost on turnovers in both PM...
Bienes Raices
Personal name as primary insured, LLC as additional insured
I have it set up this way on my policy for the LLC property right now because they insurance agent said they could not do it with the LLC as the primary insured. They told me that if a claim is every paid out the chec...
Cody Ramsey
Move-In / Out Checklists (Security Deposits)
Do you do move in and out checklists for security deposits, damages? Do you do paper / carbon copy, digital? Would you mind sharing your templates or any templates you have found for this process? Is anyone doing this...
Liam Somers
1031Exchange Experiences and Strategies
Purchased our first property (a duplex in IN) about 3 years ago, and we're now looking to sell to lock in the appreciation that we've had over that time. My thoughts were always to do a 1031 exchange to a larger multi...
Stacy V Johnson
Priced a property incorrectly - too much interest
We recently purchased our first rental in September and had inherited our tenants (with below market rent $1150/month). We are now at the point where we are marketing for a new lease and I have the unit listed at $130...
Chris Mason
Feedback: Mortgage Application Idea
I (lender) recently switched firms to one that has a pretty nifty toolset that I did not previously have available to me.One of them is a system to track paperwork submitted and loan progress. I can set milestones and...
Nancy DeVillez
Seller trying to ammend agreement in closing
I had entered into a contract 7.5 years ago for a lease purchase. The contract is very informal. It is now time for the owner to transfer the property into my name. I have assigned the contract to a company to continu...
John Moore
Finding good property management
do anybody know any good property management company that work in the Chicago and south suburbs area in Illinois….
Colleen F.
Tenant's business pays residential rent & other business issues
I have a no business clause in my lease and the tenant basically takes phones calls for his business from home when he is there but does not see clients there. The nature of the business is travel related so he trave...
Tomer Royter
First time home buyer - FHA loan or 20% down?
Hello fellow BP'ers!I am currently considering purchasing my first property. The property that I am looking to purchase will be in the 500k range and I currently DO have the 100k 20% down required.Since I am a first t...