Gary Jordan
Inherited Tenant - Not Paying Security Deposit
Good Evening BP,I recently purchased a 4 unit multifamily that was fully leased. One of the apartments was recently (28days earlier) leased to a new tenant. The lease required an $1350 deposit. The tenant and la...
Donald DiBuono
Leveraging your HELOC to BRRRR
Hi!I have a scenario i would like you all to weigh in on. My partner and I took our a HELOC on our homes. Keep in mind, our personal homes are not making any money. We used the HELOC funds to buy a SFH all cash. The S...
Mostafa Faghih
Can Airbnb house hacking be the key to building wealth?
I'm currently analyzing a theory that can help many people achieve financial freedom, but I need your feedback to validate it.The idea is simple: purchase a property with a mortgage and put it on Airbnb as a short-ter...
Amanda Ferguson
Refinancing Investment Properties
We have a few investment properties, all of which will need to be refinanced in the next year or two as they were purchased with 5 year interest only loans. They dont need rehab and all have long term renters in place...
Anna M.
HELOC Application - Boarder vs. Rental Income: Unable to qualify
HELOC Application - Boarder vs. Rental Income: Unable to qualify for higher Equity credit lineI initially requested a set amount on my HELOC application but lender has capped it at $30K less than requested based on d...
Gulliver R.
Which PMS has the best messaging automation & syncs well w/ VRBO?
Hi all!I'm currently using iGMS and have it linked to my Airbnb listing, my VRBO listing, and my dynamic pricing tool. I like everything about it except for 2 BIG things:1. The VRBO messages come in waaaaaaay later on...
JT Thomson
How to choose the best property manager in my area - Mesa AZ
I have a furnished 3 bedroom house that I have listed on several of the platforms - Zillow, FB, FF, and Airbnb. I am not getting any real response other than STR which I can't do because of HOA restricts to 6 months o...
Kay March
Applicant for Rental Claims U.S. Air Force Employment
An applicant for a rental that I own in Florida claims full-time employment for the U.S. Air Force as an officer making $85,000/yr. In a Linked-In profile he claims to be a Commander of a Communications Squadron in th...
Aaron Millis
Lease signing in advance
Hi all. If I had a prospective tenant(s) decide they would like to rent from me August, would I have them sign the lease now as well as collecting the security deposit this far in advance? I know people sign leases ve...
Harry Garner
Depreciation Not Included on K-1
My wife and I have recently formed an LLC in Alabama with her 2 siblings and their spouses to purchase a short term rental property also in Alabama. We are 15 months into this and are now having our first full year ta...