Elena Casey
STR Analysis for Dummies
Hi all,Newbie here. Thinking of purchasing an STR condo. It's a bit convoluted because I can use both, the property management company (51%! cost but house keeping/check-in included) or I could bring in the business m...
Timothy Yen
HELOC for a down payment on investment property?
Hi BP community!My mortgage banker suggests that apply for a HELOC on my private house and use those funds for a down payment on a rental property (2-4 units) my goal is cash flow of 10% and appreciation with the reha...
Mindy Jensen
How Did You Cultivate The Relationship With Your BEST Lender?
Reading @Brian Wilson's recent post about a lender telling him "No", it got me thinking.How do you create a relationship with a lender? I hear this advice frequently, and also have been known to suggest it from time ...
Joe Lee
OOS investing -- cities with appreciation & low real estate taxes
Hello! I would like to get into my first real estate investment and have been doing some research. It seems finding cash flow deals is slim-to-none, unless I'm looking at war zone areas where entry price is low but re...
Isaac Fridmann
BRRRR'ing a Duplex/Triplex/Fourplex
Hey BP!I apologize in advance since I'm sure this question was asked before but I can't seem to find any clarity. I'm trying extremely hard to acquire my first duplex. It is more than a dream of mine (cheesy, I know)....
Shawn M.
Pay Rent Online?
The last renter I had paid by cash or money order. Now that I will be renting out two units in the next month I am wondering if I should go with an online option to pay rent. How do you collect your rent? Do you us...
Jon Gorham
Texas REI - Property Taxes
Hello BP community,I’m looking into buy & hold properties in the Dallas Ft. Worth area, but I’m concerned about the high property taxes in Texas. Can anyone tell me about the “basic homestead exemption”? I’d like ...
Joshua Fletcher
making primary home 1st rental property
Hey, I have been reading local posts and am really impressed with the wisdom imparted for free to strangers. Here's my situation i would love input please. my family live in West Bountiful in a twin home. We bought it...
Brandon Allenczy
Application and Tenant Screening
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...
Marc Pfleger
Drafting an Operating Agreement
The title agency is asking for my operating agreement for my multi-member llc to check if I have signing authority. I have been educating myself on the OA for a few weeks and was going to take my time to draft an O...