Michael S.
HVAC drain service - $197
My tenant's air conditioning cut out recently, so I had a company do a service call. End result is $197 for the technician to pour some hot water and bleach down the drain line. The drain had gotten stopped up, w...
Charles Burgess
Continue to offer pest control?
Hello everyone! Currently doing reporting on my portfolio, and I see we've spent $1800 on pest control YTD over 5 different doors. My question to the community is, should I continue to offer complimentary pest contr...
Alex Costas
Triplex
Purchase Price: $150k (pre-appraisal, haggled down from $160k)Cash to close: $13k (including $3800 hazard insurance premium, which seems quite high)Monthly Payment: $730 P&I + $320 Hazard + $230 Property Tax + $10...
Account Closed
Is Bank of America BSing me?
Bank of America says using its merchant services for lending money is prohibited. I then asked the representative, can i open a regular business account for my private consumer lending business where customers pay me ...
Herbert Lewis
Answering service for tenants
Hello BP Community,I am currently self-managing my eight rentals and working a full-time job. Does anyone have a recommendation for an answering service that can take the calls 24hrs a day and relay the information to...
Nirmish Sharma
offsetting passive losses ( rental) with w2 active income
Hi, I have three rental properties in Houston (TX) and all three have passive losses. I have regular W2 job and thus active income. I file jointly with my wife. She does not have active income.what is best and easy wa...
Chloe Mayer
What Details to Compare on Lender Loan Estimates?
The first time I got a mortgage was 3 years ago buying my first home, that is and still will be my primary residence. Back then... I knew nothing, and felt like the lending process was super veiled and not really setu...
Wally Burbage
HVAC PM Issues
We have 24 units and are constantly getting calls that the drip pan is overflowing and unit is not working. When we send a tech out they usually find dirty coils and a dirty filter if there is one at all. I am going t...
Raymond Shoe
Help with maintaining LLCs
Anyone have tips on maintaining LLCs? We created an umbrella structured an LLC with Anderson Business Advisors. Their monthly service is quite expensive and we would like to detangle from their services and manage the...
John Kennedy
HVAC service agreements
I'm looking for advice on how to handle HVAC maintenance for my rental portfolio of 30+ units. I have signed up for annual service agreements for some of my properties but not all. I have agreements with a few diffe...