Josh McCullough
Security deposit account types
Hey yall! I just closed in 2 multi family properties this month totaling 18 units. I need to open account to put security deposits in. Does this account have to be a "trust account" or can it be any non interest beari...
Paul Smith
Buy garage in San Francisco to convert to commercial?
Hi all, Long time BP reader and first time poster. To give you a little background, I'm in my older 20s and bought my first SFR in San Francisco a few years ago. My expenses have lowered as I've built up some "passive...
Matt R.
Kansas City, Missouri proposes short-term rental regulations
All,The city of Kansas City, Missouri is proposing new short-term rental regulations. Here is the city blog post about the ordinance. I *think* you're meant to provide feedback by replying to the blog post; comments...
Tommy Kerwick Jr.
FULL Renovation Triplex Need tips!
Hey everyone. I just recently added a triplex to the portfolio on the Jersey Shore and it needs a 100% full renovation. It’s in a town that’s on the rise so I’m banking on appreciation as much as I’m banking on CASH F...
Jeremy S.
Tenant isn't ice snow from sidewalk other on wont answer phone
#1)I was at my property yesterday for some maintenance and I noticed the tenant did not clear the sidewalk or steps of ice like the lease says is their responsibility. She said they usually do it but "forgot" this ...
Marcus Griswold
Sharing Oakland ADU policies
For those of you considering Oakland and ADU as a house hacking strategy, some notes from some east bay ADU advocates:
"On June 29, 2020 the CED Committee approved 64 amendments to the "Tenant Protection Ordinance" (...
Steven Mitchell
taxes - flip corp selling prop to owners
We have a small rehab and flip company. We are taxed at personal income levels on every flip. So buy for 50k, put in 25k, sell for 100k. Taxed at 40% on that 25k. Putting us all on the same page.Could we sell that ...
Samer S.
High interest rates for STR in Maui
We were thinking of putting an offer for a short term vacation condo in Maui Hawaii (~400k) but decided to not go forward with it because of high 3.75% interest rate for 30 yr Fixed, 20% down. We knew that STR's fall ...
Mike Burton
Military New to the area and looking
Greetings everyone!My name is Mike and I moved to Vienna, VA from Destin, Fl. I am active duty Air Force and am doing a fellowship at Johns Hopkins SAIS this year and working in legislative affairs for the DOD next. I...
Jordan Northrup
Generating leads @ the courthouse
Hey everyone, has anyone had success in pulling lists/leads from your local county courthouse? I was listening to episode 332 of the BP Podcast recently. Brent Moreno and his partner were being interviewed and they me...