Henry Clark
Self Storage- security system success
Traveling in Malta and now in Florence Italy for new years. About an 8 hour time difference but our alarm systems are 24/7. Got an alarm the other night. Called our local sheriff department. They called back about...
Quincy Mingo
Purchase 3-unit from Business Partner (Buyout and Capital Gains Tax Liability)
I own a 3-unit multi-family with a business partner. The mortgage is in the name of my business partner. The interest rate is 4.5. We put 5% down when we first purchased it in 2019. The loan is not assumable. I want t...
Claudia Stewart
Dead lawn due to lack of watering on vacant property considered PM negligence?
Hello BP Folks! A month ago I closed on my first rental property and I am already feeling the pains of working with a lackluster Property Management company.I purchased a new construction SFH in Northern Dallas throug...
Joe Henry
Deal Evaluation Spreadsheet - Am I missing anything?
I spent some time combining 4 or 5 other spreadsheets that do things like calculate your mortgage payments with various financing options, calculate your cap ex, and calculate your cash flow, GSI, GOI, NOI, CoC, etc.I...
James Carlson
Hot take: Personal booking websites for your STR are overrated
Headline says it: The recent emphasis on creating direct-booking sites for your STRs and MTRs is overrated. Prove me wrong.Work/money not offset by savingsThe amount of work -- and money -- to build a site and do prop...
Ryan Valdez
Noob Looking to Start Investing
Hey BP Members,I am 31 years old with a full time job and have started recently listening to the BP podcasts and have caught the REI bug. I have absolutely zero experience but I have narrowed my niche down to buy and...
Christopher B.
Insurance for OOC Duplex
I live in one side and rent the other, what is the best way to set-up my insurance? My agent is currently saying to push my homeowners insurance liability up to $500k and add a $1m umbrella. Is this the best set-up? I...
Account Closed
Philly 2-4 units
I am planning a day trip to Philadelphia to look at 2-4 unit investment properties in B-C class areas. Of course, would like to know where the numbers are positive on a cash flow basis. I'm not looking to strike it ...
Gino Tomba
$2,300 to replace two electric meters in Duplex?
Hi,First time needing to hire an electrician. I have one bad meter and was explained to me that my meters are antiquated and setup different then they are setup these days so both need replaced. $2,300 fair? Any recom...
Account Closed
Brian Gibbons and Ky Sharp 3 WLO Partnership
Just got off the phone with @Brian Gibbons because I want to make certain that I CLOSE my 3 LEASE OPTION ASSIGNMENT DEALS and also AVOID ANY ISSUES WITH DODD FRANK, SELLER FINANCING LAWS, etc.
This thread wi...