I am purchasing a condo in a complex where I already own one. The seller is losing money on the deal and is not willing to pay for anything, including the $2,000 "Owner's Policy" from the title company. This is gen...
PMs - How do you keep up with the whirlwind of bookkeeping involved with vacation rentals? I've tried different vacation rental softwares that feature "integrated accounting" without much luck. For years I've used s...
Hello all! I have been back and forth on the idea of setting up an LLC for 2 rental properties (each 3 units) I currently own. I live in one of the units with my family. I've been doing some research on pros and cons ...
Dear allI am close to secure my first property (Canada) and currently discussing the mortgage details my banker. He strongly reccomends (for logical reasons) a mortgage insurance.1) What's your take about about it ?...
I understand that a lot of people prefer to structure their rental entities as LLCs to provide added liability protection. This can be mostly useful in the event of a tenant injuring themselves and trying to sue, as l...
First time PostingSo I originally bought my first house for $409,000 using my VA loan on Oahu. Took out a 30yr fixed 3.25% rate and have lived in the house 3 out of the last 5 years. I stayed in the house for 3 year...
Hey BP!How do you guys handle applications for your rental for couples? Do you make both of them fill out an application? I know both have to be on the lease, but the 3 reports I request cost $55 to run so I'm just fe...
What are the typical returns , ie total return, or time weighted average return, or IRR, on syndicated commercial retail real estate investments you have made in past, and what area of the US have you found the best r...
Hi, folks. It looks like there's a mandatory capital call forthcoming in a project I'm an LP in. I can't contribute more money at this time so have no choice but to be in "default".
Besides not being able to collect ...
Alright, I really thought I found a good deal but after running some numbers turns out it's not even close! Like way off (i'm still very new so if you laugh just try not to choke). Here we go...So I found this deal on...