A friend has a rental property in Marysville, Ohio. Three months remaining on the 12 month contract. She texts the landlord and says " I am no longer able to care for you home and have moved out of the property." She ...
Not sure if this is the right category to post in, but I have a general question about managing multiple LLC's for rental properties. If you hold rental properties in individual/separate LLC's for privacy & prote...
Hey BP,I am having a difficult time with one of my listings. The property has been on the market now for 122 days. Within those 112 days, the property was under contract twice. The first buyer backed out after the ...
I've listened to the BP podcast for a long time now. The other day I got curious as to what the top recommended books are from the show up to this point, and decided to figure it out. I started doing it myself, but af...
Hi, all. My wife and I need some advice. We have a tenant in a property (3/2 town house) we rehab’d in the Baltimore area at $1,500/mo. He’s been in the house for two years and his lease is ending. He called and said ...
When you’re deciding whether to lend to someone, what do you look at first? Is it their credit score, their track record with loans, or the investment they’re trying to fund? Do you rely more on the deal itself or the...
I searched for Velocity Banking but did not get anything to return except for some lenders using that name. I just was introduced to this strategy this week and was curious if anyone has done it and what their experie...
Hello BPers, wondering what the consensus is out there for categorizing capital vs operating for appliances? Window A/C units? Painting? Refinishing floors? Carpet? I'm leaning to treating it all as expenses.
This is sort of a weird question but bear with me......I work for a builder and am also an investor on one of our projects - we do new construction spec builds in higher end areas usually between 1M-2M......we've been...
Hello - I am a newbie here..i am trying to refinance my primary home and the lender offered to cash out and payoff my rental property. Below are current mortgage and refi detailsprimary home - 15 year/3% fixed / stil...