Charles McDonald
New Investor in the Kansas City area
Hi all,Like the title says, I'm a brand new investor (really a wanna-be investor) in the Kansas City area. I'm working two jobs trying to save up money for my first investment (I'm thinking of house hacking an FHA). A...
Alfred Hall
2-year experience requirement to use rental income with VA Loan?
Good Afternoon!!I was told by a lender that in order to use potential renter income on a 4-plex with a VA Loan, I would need to have two years of property management experience which is shown via a form that is filed ...
Jordan Kimbell
Tree Removal Permit to remove tree from rehab property.
Hi All,I am partnered on a rehab and my partner has put in an application to get a tree that is very close to the property removed. I've called the city and they say residential properties don't require a permit to r...
Marquest Page
Completely Ignorant to Strategies of Deferring Taxes
Hello BP,I am in need of any advice that can be given regarding spending less money from my proceeds to the IRS. I have a double closing scheduled just before the new year. I would rather not see my profits taken so I...
Brandon Toron
Prop Manager: $2k in rent (Would they work for me?)
Hello,
I am looking at lower-end properties out of state. I would need a property manager to make it work. I'm looking at properties that are worth around $100k-$150k that will rent roll at about $1600-2200. At 8-12%...
Samuel Lee
Submeter Gas, Electric, Water in NC
I have a multiunit property (8 units) in NC with central water, gas, electric. Does any one know a ballpark figure to separate meters for each utility? I want to find a way for tenants to pay the utilities.Thanks,Sam
Henry Clark
Self Storage- Auction Day
Had an auction today. Two units, one at each of two of our locations. We have 8 locations and 1,200 units. Only these two units auctioned in the last 2 months due to our autopay requirements and fast lockout proced...
Jeff Ballus
Creative finance/partnership advice
Hello,
I've got an opportunity on an amazing off market property that my wife and I would love to move into but the property is 2x what I am able to afford. I have some investors that see the potential as well and wo...
Pal Sa
What is the catch with expat tenants?
I have been getting some requests to show our rental to expats. It is usually a relocation agent that seems to be helping the client find a home. In my case, all of the expats seem to be from Japan. I have not verifie...
X Sun
How much should I increase my rent?
Hey BP community!I have an investment property in Cedar Park and it was rented $2000 per month last winter.. My property manager just contacted regarding lease renewal.When I checked Zillow rent estimate and recent li...