Joe M.
How are you going to come out of this better than you started?
Crazy times. I think this is a good time to hit reset and reflect a little, learn a little, and become a better person and investor when things settle down.That being said, what are some things that you are doing to ...
CJ M.
How much cash reserve is too much?
Hello BP,Curious about something. Most of us have heard about the 50% rule, or saving a % of gross rents for things like repairs, capex, PM, vacancies, etc. At what point do you determine you have enough cash saved up...
Marc-Andre Bordeleau
Newbie - Setting up bank accounts
Hey guys,I'm about to close on my first property and the realization is finally starting to kick in. I need to get my stuff together.So I was wondering, for those who have one or many rental properties, how do you hav...
Alexander Kleyman
Should I create a separate email account for landlording?
I am in the process of searching for our first rental property and trying to learn from other people’s experiences. So my question is this : do you think it’s a good idea to setup a new / separate email account for “l...
Robin Hunter
When it comes to PMs, what is more important, price or service?
Say you are looking at 2 different property managers. One will charge you 5% monthly and 50% for tenant placement. But then you have another one who will charge you 10% monthly and 75-100% placement. 1. Will you find...
J Scott
Moving From Atlanta to Baltimore/Washington
Hey folks,
Most of your probably don't care, but because I've communicated with a lot of BP folks from the Atlanta area over the years, I wanted to let everyone know that come next week, I won't be an Atlanta residen...
Shannon Vo
Buying first rental- plan on self managing but want to separate personal and business
Title says it all but I’m wondering how you all manage your properties with a business name? I think we would have trouble moving the property into an LLC. We want to remain pretty anonymous- don’t want tenants know...
Jeb Brilliant
Is 2% monthly or 24% annual return to good for hard money lending?
So I was introduced to a guy offering 2% monthly return or 24% annually for a hard money loan. Is this to good to be true?This guy comes with good recommendations and isn't a slick talker. My BS radar didn't go off wh...
Michael Pazirandeh
Is it really worth setting up an LLC?
I understand why many people set up an LLC for their investment properties, but my question is simple: "Is it worth it?" I've asked several investors and they always say I MUST set up an LLC to protect myself from get...
April Birdsong
Replace new carpet in Bedrooms for hardwood?
I will be closing on my 1st STR/MTR this month. I am sooooo excited but also nervous. It is a 1940s 2 bed/1bath that has been renovated by seller. They put new hardwoods throughout the house except in the 2 bedroo...