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Hi,I'm looking to properly estimate expenses in my model when searching for deals. I'd like to be able to get a general idea of the expenses before doing further research into the property to determine specifics (like...
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I'm not too new to REI, i have bought a few houses that i have lived in and then sold. I also had a friend I helped into a house once. I bought it then leased it to him for a year. Overall i made a little over $10k do...
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what should I be prepared to do to some crazy claims a tenant that I am evicting put in their answer to my summons and complaint? Do I need to defend myself, or are they required to bear proof of such claims?
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Hello BP Nation - I have a question about the use of a living trust from the perspective of a buy & hold investor. I am looking into setting up a living trust with an attached pour-over will for the purpose of...
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Hi!
Just wanted to know if self-showings are the trend or popular way of showing rental properties now? Ex: Rently etc. I wanted to get your insight if you either use this method or know your property manager uses i...
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Some background before the actual questions...
A business partner and myself recently purchased a property for rental profit. Our initial thought was to have the property under our LLC - partnership (recently created...
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HiI am selling a triplex. I had planned on doing a 1031 exchange with the proceeds. My closing date is 11/13 but I have been looking to identify a property since the end of September. I have not found any properties t...
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I've been analyzing properties for practice using the calculator provided on BP. Basically just choosing some that are on realtor.com and MLS in order to get familiar with the numbers/terms. I'm just not sure what th...
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Hello all,I've been listening to the BP Podcast and want to get some more detail from experienced BP'ers out there regarding loan qualification for a 2-4 multi-family property. My experience has been that lenders wan...
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Hello All - I am looking for some advice on a property that I have in AZ. We have been considering selling the house, it is currently listed. Our initial reason being that we put $30k into it and did not want to have ...