Devang Patel
Tenant with disability
I just closed on a new home and am looking to rent out the home. A possible tenant called me and said he is interested. He brought up the issue that his daughter has been in a coma for four years and there is a lot ...
Joshua Tikal
LLC - Investing out of state?
I am looking to register a LLC in the state I live but I am looking mostly out of state for investing? Is this an issue? Or should I form a LLC in each state that I invest in?
Brandon Ely
Scenario involving Set Backs, Taxing Districts and Consolitation
Hi all,I have a scenario that I would like to run by the forum members to determine if there are any next steps I can use:In 2014, I bought a small 50 X 50 lot in Coeur d Alene, ID. The purchase transaction was throug...
Christine Okamoto
What to expect in terms of administrative labor for Lifestyles Unlimited
I am posting on behalf of my dad who had some questions about Lifestyles Unlimited. I found multiple posts from a few years back but none that were very recent and/or that answered the questions my dad has. He is spec...
Jeremy Francis
Helping analyze a multi family
Hey BP! I know there are tons of "how to" and "what to look for" posts, but it helps me to see things from my own scenario. I want to analyze a property that I am looking at. It is a 12 unit property for $375k. It...
Jack Plantin
First time househacker with a few questions
Just bought a two flat (6 bed, 3 ba) in Chicago's Hermosa neighborhood. PITI is $2350 (FHA on a 380k house)
Wife and I will live in the 2nd floor unit and plan to rent out the 1st floor for $1500 a month. After expen...
Daniel Johnson
ADUs for mutifamily in Los Angeles
I am trying to get a clear understanding of if/how I can add an ADU to a triplex I own in Los Angeles just outside of Highland Park. Clear I can do it on a SFR but not positive I can do so for multifamily. Is there an...
Kevin H.
Service Animal Question
So I am trying to rent out my first sfh. I showed it today to a gentleman who stated he is a disabled veteran and has a service dog. I stated, pets are allowed. However there would be an additional fee of $25 per mon...
Kyle Grimm
GOAL SETTING: 2015 Goals Update. (Closing on 3 more units Thurs)
I cant emphasize enough how important it is to SET GOALS. And not just come up with them in your head, but physically writing them down on paper and reviewing them a couple times a month. Over the last year or two, ...
Yogesh Bhadane
Managing properties remotely without PM
Hello BP,
I am curious if anyone is using Property Management Software/Services to manage their properties remotely.
1. If yes, what software are you using?
2. How do you manage tenant turnover and how do you show ...