Dan Jones
Any turnkey companies in Eastern Iowa (Cedar Rapids, Iowa City)?
Continuing to look into investment options I've been learning about turnkey investing and it seems like it may be a good match for me in terms of my experience level, time, and investment strategy. As in I have littl...
John Harrison
Section 8 FMR question
I have a section 8 tenant. The FMR for my neighborhood is approximately $1000 which it turns out is uniform with the other houses around my unit. I am just saying $1000 to round it out and make it simple. The hous...
Anastasiia Greca
Finding the right agent
Some people mentioned that when you are buying a house you should get a "Buyer Agent". So as I see it:Seller Agent - negotiation the largest price possible for the house to satisfy his seller needsBuyer Agent - negoti...
Jeff Watson
Student Housing property management agreements
We are revising our management agreement as it relate to the student housing we manage. Wanted BP input on some items:A;) Typical fees charged. Right now we only charge 10% of gross income (rent, fees, forfeited depos...
Jim Peckey
Best way to accept rent payments & separate finances?
Hello good folks of BP,My wife and I will be closing on our first owner-occupied rental property (duplex) in May 2019 and I'm trying to do as much up front leg work as possible to prepare for us being new landlords. ...
Michael Rossi
We Need a Revolution!
As we already know, because of the wild, reckless actions of the big banks selling derivatives that had little to no worth, the big banks were insolvent a year ago. The government argued that the banks MUST be saved ...
Shanai Inns
Wholesale Deals
I have a really simple question that I probably already know the answer to, but I just want to make sure.When you're looking for wholesale deals is it okay to sign a contract with someone that has already listed their...
Thomas Hallensleben
application information verification
I am new to the landlord business and am unsure as to what I can legally ask former landlords and employers. My property is in Kansas City, MO and I need to verify income. Is that something I can legally ask the emp...
Michael McIntosh
Legal Setup with LLCs
I have only one rental at this point, but was advised it might be ideal to setup one LLC for the actual real estate company in addition to an LLC for each property. I believe the reason was to protect ourselves in cas...
Sarah D.
Cost Segregation For Appliances, etc
Can anyone confirm if I am correct in my thinking? We finished rehab of a 4 unit property and put it into service in 1/2017. I would like to separate depreciation for the following items that were part of our rehab ...