Charles Mitchell
Question about running BRRRR calculator with HML
Hi all,So I've been running a bunch of deals to familiarize myself with markets and the systems and ran into a bit of a hiccup. I plan on using a HML for the property I buy. The issue is there is no place to input HML...
Nick Fegley
HOA Financials afforded to potential buyer
Hello BP community. I have what I think is a pretty straight forward question, and would appreciate any feedback before I write the HOA back.I am looking at a place in North Carolina that is managed by an HOA. It's ba...
Marquest Page
First Double Closing
Hey BP,I successfully closed on a deal yesterday (12/28/17). I figured I would attempt to go into the details from start to finish for the sake of what I hope is a good read for you. I also want to share in case anyon...
Paul Garcia
Dedicated Maintenance Person - Share Cost - Chicago
Hi All,I own/manage 41 units on the Northside of Chicago and I'm seeking a dedicated maintenance person. My portfolio is not large enough to hire a management company or hire someone full time. Reaching out to see if ...
Chai Jonn
Shall I allow cats as pets???
Hello,I have a potential tenant who is interested in renting but has a cat which is declawed. I was wondering what is the experience of other landlords with cars as pets. When I read the forum I see mostly NO to cats!...
Austin Berlick
Tenant turnover in househack
Hi BP Community -I'm struggling with tenant turnover. While everyone has fulfilled their leases and I've had zero vacancy in my 5 bedroom 4 bath home in North Austin, almost every tenant has departed after three month...
Ethan Teuscher
Bathroom renovation overcharge
We got a quote to renovate a bathroom in one of our units. When he finished the project the total price came in way over. There was no mention of it being over by that much. What are my options? Do I pay the bill? Or ...
Jennifer Clark
Private Money Lending / CA Usury Laws
I have an opportunity to invest in a private money deal for a fix and flip with a 15% return, however, I was told that CA usury laws only allow 10% returns for private lenders. Does anyone have an insight on this?
Benjamin Sussman
Starting a short term rental property management business.
Hey BP Community. I am starting a short term rental property management company and I am wondering a few things:-If you use a short term rental property manager, what do their pricing structures look like? Do the per...
Steve Morris
Moving Mobile Homes
Hey, seeing who has experience moving mobile homes. I've flipped a bunch of mobile homes in parks, but recently started analyzing some numbers in regards to buying land and moving a home onto a lot. I've called some c...