Ashley Sommer
Can I request prospective tenant complete application before showing unit?
Hi,
I've read the BP tenant screening guide but I still have a question I cannot find the answer to. I'm am soon to close on my first duplex (in which I will be living in one of the units). I have started to...
Ryan Wamsat
For Awareness - Moehrl v National Assoc of Realtors
I ran across this article, which may be of interest to many here: Class-action lawsuit takes aim at real estate commissionsThe article contains a link to a PDF of the complaint, which is Moehrl v National Assoc of Rea...
Robina McCron
If you had $150,000 cash
If you had $150,000 cash right now, knowing what you currently know and having experienced the investing mistakes and wins you have, what would you personally do with it?
Daniel Suarez
cash-out-refi to cover loan or Sell stocks
Hey All, I purchased a home about a year ago for around $200k, I put close to $90k in fixes and did a historical appraisal that came up to $410k. I borrowed $70k from family and was planning to return it after the ref...
Brie Schmidt
Illinois / Chicago Landlords - Call to action
HB2775 (Rep. Ford, D – 8th, Chicago/ Sen. Villivalam D – 8th, Chicago) is a MANDATE on property owners and is being considered by the SENATE as soon as this week. The bill essentially MANDATES all rental housing provi...
Brian Thomas
Do I need a CPA as a rookie investor?
I bought my first small multifamily BRRRR deal in January of 2019 and started collecting rent for it in October of 2019. I am assuming now that I own a property, it would be wise for me to get a CPA because I have hea...
David Jiang
Rental applicant wants a copy of my driver's license?
I'm wondering if anyone here has run into this and if so, how you dealt with it.I'm currently listing a rental as a private landlord and not getting a lot of hits except one applicant with solid scores and income. The...
Jeff Thompson
Changing the terms on seller financing? (bought $126k, now worth $75k)
Hi everyone, I've have a rental I co-own with my father. We bought this 3/1 in northern California in mid 2008 for 126K thinking how much lower could it go? Today it's worth around $75K with around $91k remaining on ...
Andy Whitcomb
Filling out loan applications is the worst! Can I delegate this?
I love the BRRRR strategy, but the more properties and LLC's I get, the more painful the loan process is. Does anyone have any tricks for simplifying the loan application process? Ideally I'd love to just hand this of...
Ramu Venkat
Land Purchase - Austin Area - Need Suggestion
Hello All,I am an investor and recently purchased a single family house in Leander for rental purposes. I am now looking at buying a piece of unrestricted land (ag exempt preferably, 5-20 acres) around Austin area. I ...