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So my tenant has been great and paying on time. I received a complaint from a neighbor unit that the tenant is smoking weed inside the unit. She clearly smells it and the other day knocked on the door to give her some...
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My wife and I know a gentleman in his 60’s that owns 30+ residential rental properties, nearly all owned free and clear. All of the properties are currently leased and cash flow nicely. We are close enough to this per...
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So I have a question. Currently I do not have the funds nor will I have the funds for some time for the deals that I have found recently. Been doing a lot of foot work, an things make sense to more forward. There is a...
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I'm a new agent with about two months of experience. I've actually been doing well with getting leads, but don't feel as though I'm getting the support and training I need to be more than an average agent. Granted, I ...
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When looking at expenses related to a property (vacancy, HOA, utilities, PM, repairs etc), how is that set up within a bank account? Do you lump them into one account and then dip into it when a vacancy or other expe...
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Hi everyone,I made my first post back in February. I was waiting to finalize my first flip to write my second post which is a recap how it went down, so here it goes.I bought my first flip off of a wholesaler who had ...
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Hi everyone,Newbie here, so I've been speaking to a few lenders. I live in Austin, TX. I want to buy a duplex, live on one side and rent the rest. I am aware that as soon as I provide all my info to a lender, they wil...
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Hello! A question for fellow BP investors!I am a CA resident and trying to create an LLC to protect my assets in Missouri. My CPA says I need to create a CA LLC and then register in MO, then transfer MO properties int...
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Hello! I have a person interested in my rental. It's a nice home with engineered wood floors and laminate throughout the home. Applicants have two big furry dogs. Can't remember the breed right now, but are not an agg...
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I just bought a new primary house and having a hard time deciding on what to do with my old house. Old has could bring enough to almost pay off new house if I sold it. Pretty sure I could rent it for $2750 and mortgag...