Justin R.
Property Mgmt Laws in CA - managing other peoples' rentals
Hellllooo BP Nation!One of the interesting side effects of (successfully) owning and self-managing a bunch of your own local rental units is that friends and family may ask you to manage theirs. Has anyone (who isn't...
Nick Bleser
Using Cozy for ACH transfers. Automating rent payments
I'm thinking about using Cozy for ACH bank transfers. I'm hesitant because there is a 5 day processing period. For those that use Cozy do you get a notification that the transfer is in process? If someone initiates pa...
Patrick Ng
First duty station primary home turned to rental
Hi all, I bought a home at my first duty station, and turned it into a rental when I PCS'ed. This was before I learned how to properly analyze a deal. When I bought it, I bought an inventory home in an area in San Ant...
Saul Moreno
Using Credit Card Debt To Invest
Hello BP!I recently heard in a seminar and podcast that you can use credit card debt for a down payment on investment properties. Has anyone heard of this strategy or any other strategy where you can use your credit c...
Adam Riscoe
Renting my primary residence out month to month
My wife and I are taking a 4-6 month trip to Europe and Asia this Fall. We already found a short term tenet willing to sign a 3 month lease with an option for a 4th month. The rent covers PITI and utilities with a lit...
Michael Galloway
10% commision on a Short Sale?
Thought i would start a new thread. It came up in conversation today that a typical real estate transaction for my Brokerage we are charging 6%. For those who know the bank is the payer in this transaction. In my expe...
Maciej So
Collecting From Tenant
Background:My new tenant abandoned her 12 month lease after staying at the property for just a little less than a month. She stated some family emergency and only gave me 3 days notice but only after I reached out ri...
Larry Flanagan
Rental underwater, want to sell, would bank short? Other options?
I owe like $80k on a rental that is worth maybe $60k. It has been a dog for years and costs me money each month. I have owned it for almost 10 years and would just like to get rid of it. Is there any chance the ban...
Chris Ivy
How to many short term rental when without internet?
Hi everyone,
I'm looking at buying an STR and self-managing. However, I like to hike, backpack, and do occasional remote trips where there is no cell phone service for up to 5 days. Is it possible to self-manage an...
Erik Nordgaard
Do you use a realtor when acquiring off MLS deals?
Team, Do you use a realtor when you buy an off MLS deal? Let's say I get a motivated seller via drive-for-dollars, do I use a realtor to actually arrange the purchase? Is there a name for that process I can use when s...