Michael Nelson
Are there any cash out refi options at 80/20 LTV?
I have a few deals coming down the pipeline and want to free up as much capital as possible.senario property appraised value 430,000amount still owed 220,000
Alfredo Trevino
Cash Refinance Question
Hello everyone, this is my first post. I tried using the search button but was unsuccessful finding the answers I was looking for. I have decided to purchase a house and doing the rehab out of my own money. Regarding ...
Akshay Wattal
What happens to the rents paid by the tenant when PM company goes out of business?
Hi all,The owner of the property management company managing by rental unfortunately passed away a month back. Their attorney had reached out and mentioned that the company was out of business. The tenant had prepaid ...
Tom R.
Would you rent to someone with a past eviction?
Ive got a prospective tenant with an old past eviction. My original rule was no evictions but I know people change. Just 5 years ago I wouldn't have considered myself rentable. And she is willing to have a cosigner on...
Michael Plaks
Tax reform Q&A Thread 2 - Depreciation and Section 179
Colleagues and friends,The original GOP reform thread started by @Brandon Hall is well over 200 posts by now. This is one of the follow-up threads specifically for discussion of depreciation and Section 179 changes in...
Anya K.
Non refundable cleaning fee upon move out
Hi BP community,Is anyone charging a non refundable cleaning fee at end of lease or taking one out of the deposit? I am thinking of writing one into my lease. That way at the end of the lease I can line someone up ahe...
Ashish Wa
Finally found a good tenant but!!!
Hello all,so I have been struggling to find a good tenant. I won't go into the challenges but finally found somebody good. They have a ESA dog that my insurance doesn't cover. Is there anything that can be done ? Or I...
Tony Nguyen
How to buy 100+ units with on-site management?
Hello all, I'd like to grow my portfolio by larger chunks, but am unsure how on-site management is handeled. Right now, I own just under 90 units on multiple parcels, ranging from 8 units to 25 units per parcel and ha...
Liam Talukdar
Maximizing $125K Investment: Commercial Apartments, Business or Single-family homes?
Hello experts,
I hope this message finds everyone well. I recently sold my rental property and now have $125,000 available for investment. I am considering a 1031 exchange to purchase a commercial residential apartme...
Sam Chan
LLC for airbnb
Hi I have my own business and getting my first Airbnb in CA. Should I set up an LLC for Airbnb for protection? Does a single member LLC provide the protection?