Daniel DeBruin
Medium term listing options available with my HOA restrictions
I am interested in furnishing my condo and medium term renting it. Although I am unsure sites like VRBO or airbnb generate some form of written lease for each month long stay, as required by my HOA rules and regulatio...
Erik Sherburne
Paying myself as a property manager
I have been managing my own properties, can I pay myself as a property manager? Set up a different business? Pay my wife?
Grant Delmonte
want to block partial payments
Hey guys,I've been accepting rent through venmo and everything was fine for almost six months. Then, the rent payment stopped. I tried everything I could to reach our to my tenants, email, texting, phone call but noth...
Mike Webb
Losing 10k on my first wholesale...
Hi BP, looking for a little advice on my first wholesale deal. I have a 4/2.5 with an ARV of 125-130k under contract for about 65k; the home needs about 12-15k in cosmetic work. It is an absentee owner who has owne...
Stacey Paulin
Help analyzing a seller finance deal
Hello!I'm working on a seller finance deal and I'm having trouble crunching numbers.This is a 3/2 with a purchase price of 75,000. 5K down payment and terms are 5 annual payments of 14,000. No interest.Rent: 900 - 100...
Steven C. Suarez
Pros and cons of Owner finance & Subject 2?
Hi BPers! Could someone help explain to me the pros and cons of owner finance and subject 2? I hear the podcasts say it's a great way to buy a house. So for example, if I find a for sale by owner house, should I reque...
Brian Gibbons
Would you give an Immigrrant Tenant a 30 year lease on a house? And a Deed?
If you live in an area that has non-English-speaking tenantsIf you live in an area that has non-English-speaking tenants, especially Hispanics like where I live in California, and I can only imagine Arizona or New Mex...
Alex Fenske
Bookkeeping when managing 3+ flips at a time?
For those who manage 3+ flips at a time, I'm curious what bookkeeping software you use and how you keep all the expenses properly matched to each property. I use QBO for my corp books and Stessa for my rental portfoli...
Benjamin Vail
Listed a Short Term Rental for sale as a furnished, turn-key.
This week I have started the adventure of selling the second short term rental house that we have listed as a turnkey investment. We are selling this house furnished, and managed, with reservations in place. We took ...
Thomas Morgan
PM Software: Buildium or Rent Manager
So, I narrowed down all of the property management software options from both the BP software list (thanks BP!) and a long CCIM forum list to my final two choices: Buildium and Rent Manager.
I manage an LLC ...