Phillip Witt
Advice "non-arms length" house for under market value
I am looking for advice on purchasing a house in which my aunt has gained ownership most likely through quit claim deed from my grandparents 10 years ago. My grandparents had owned it since sometime in the 1950's. I g...
Andrew Pappas
Advice on a St. Louis 4 family under contract
St. Louis investors,I've got a 4-family property under contract in University City area of St. Louis, MO. I'm targeting C class areas, and wanted to get the opinion of some local BP investors on the area. My realtor...
Shiva Sharma
Considering Forming an LLC. Am I Making a Mistake?
I'm in the process of purchasing my first rental property. I was considering starting an LLC, as I wish to have more properties in the future. At the same time, I have heard that banks charge a higher interest rate fo...
Ryan Pyle
Appfolio
I am looking at using appfolio software to help manage my units. I've been using Quickbooks for the last 10 years. I am an accountant by trade so I love QB, but I'm at 147 units now and I need something that can help ...
Tatyana M.
Real Estate license for property management entity in PA
hello BP!i realize this topic has been discussed before but i have a little twist on this question.according to PA law one does not need a re license to manage own properties. what if i create an LLC that will manage ...
Maria D'Aura
Buying in a marriage state - title question
Need advice for buying a rental in a marriage state.Asking for a relative.How can a married person (lives in California) buy an investment property out of state in a marriage state. Realtor is saying spouse must be on...
Matthew Barnard
I'm looking to get started with rental properties in a few years. What should I be doing now to prep?
Basics about me:- 25yo and unmarried- $65k/year income (may be getting bumped up slightly soon due to a promotion)- currently studying outside of work to add some more designations behind my name (already have CFP, wo...
Benjamin Lovinger
Lending for Auctions
Hi All Long time follower, first time poster. Looking for some ideas for financing for local sheriff foreclosure sales and Auction.com sales. I have had success purchasing properties through the foreclosure auctions...
Mark Ainley
What can make a turnkey offering more attractive?
Hello all,We are a buy and hold investor that operates in and around Chicago. We don't typically sell our properties but we are in a scenario where we have a partner that has a life situation requiring the partner to...
Mike Rodriguez
Vacancy Rates? What do you do?
Hi All! When it comes to vacancy, what are you doing with the loss for that while your unit is on the market?
For example, I have a unit renting for $950 a month, which means daily it is around $32. If a week is vac...