Scott Pyrcz
Transfer home into LLC
Hi everyone,
I am looking to purchase a piece of property in Philadelphia using a conventional mortgage in my name and later transfer it to a newly formed LLC. A previous post from 2008 states banks won't let you do ...
Thomas Moran
Cracked Brick - Would this be a deal breaker for you?
Hey BP folks -New investor here looking to close on my first deal. I've sifted through a huge pipeline of deals and have narrowed it down to two. The most promising one is a brick ranch 3bed 1.5 bath...1300 sq ft thro...
Jordan Sachs
Terrible Sewage back up--how to handle with tenant?
Hi all! So I have a tenant living in a single family house. Apparently there is a terrible sewage back up in the basement and it's going to cost $4k to remedy. She never reported it to me or my management company but ...
David West
To (Air B N) B or not to (Air B N) B? That is the question.
Does anyone have experience with short term rentals on sites like Air B N B? I want to know the good, the bad, and the ugly! I'm in the San Diego market so there is a high demand for short term rentals and it seems li...
Wade G.
Curious What Everyone's Cash Flow Is
My average CF on a 3/2/2 SFH in southeast Harris County worth about 160k - 190k, at 75% LTV, is about $300 month. That $300 month is after PITI only, actual CF after repairs, maintenance, PITI, and vacancies is about...
Nam Nguyen
Why would someone not buy a turnkey property?
Signed up less than a week ago, listened to several podcasts and have read enough to make my head hurt. One thing that stands out to me are turnkey properties. I've listened to a podcast that had @Nathan Brooks as a...
N/A N/A
Bought home, found out someone died in it.
I have a very strange question. Back in October my wife and I bought a new home. It was that house that wouldn't sell. Aside from the landscaping being terrible, the paint colors atrocious and some other minor cosm...
James Hunt
New RE investor strategy - invest OOS for cash flow or house hack in HCOL area?
Hi Bigger Pockets!I've been here for a while reading up and am excited to make my first post.A bit about me, I am 30 currently making a great salary in a W2 contract role that I will likely remain at through this year...
Michael Franklin
Agent refusing estoppel agreement
Hey folks.I'm under contract on a 4-plex and one of my contengencies is the review and approval of lease and estoppel agreements for all tenants within three weeks of contract acceptance. My issue is that the seller's...
Kathleen Hendricks
Online rent collection
I've been using Cozy.com for rent collection (11 office/retail suites and 15 residential units) but it's a little clunky and some tenants are challenged using it. Would love some recommendations for electronic rent ...