Zach Smith
Investing in Katy/Brookshire, TX
Good afternoon,I am relocating to Katy, TX in the upcoming week and am looking for my first real estate deals. I've been listening to BP podcasts, reading books, and reviewed this forum. Currently my strategy is to ...
Jeremy Segermeister
What bank do you use?
Hi All,About to close on my first property in Hawaii. My LLC is setup and ready to take the title of the LLC after the mortgage closes (I discussed this with my lender and no concerns over the due on sale clause). How...
Brandon Capelle
Vacation rental on northern MN recreational lakes.
Vacation rental wisdom wanted! I'm considering purchasing a cabin on a popular chain of lakes in the Baxter/Brainerd/Crosslake area of Minnesota and holding it as a short term vacation rental. If anyone has experience...
Pavlos Kasselouris
How to Reach the 10 loan limit Debt to Income ratio
How is it possible for someone with not huge earnings, to reach the 10 loans mortgages when we take into consideration the debt to income ratio requirements?
Dan Driscoll
So glad I found this site...
Hi everyone, I'm Dan Driscoll. I am a masonry and chimney contractor from Rockland, MA. DDMCS.COM Originally from Braintree. Happy to offer any knowledge you may need about masonry or chimney projects you may be tack...
Victor Olowu
Most of my tenant leases end at the same time....am I in trouble?
I try to make sure my leases end during peak seasons to guarantee a good pool of candidates in case my current tenant doesn't renew, or I decide not to renew their lease. I now have a good number of leases ending the ...
Alex Aronson
What % of gross rents should be allocated to repairs
Hello,
Just finished my taxes for 2008. I noticed that my % of cost from repairs compared to gross rents was 4.7%. I currently budget 10% of gross rents for repairs. IE if rents are $800 a month, I set aside $80 f...
Andrew D.
Grants for building special needs or homeless vets housing Iowa
In a recent deal in Cedar Rapids I acquired a large vacant lot along with the parcel the house sets on. The lot has frontage and 2 separate streets and was able to confirm with the zoning department that I could spli...
Val J.
Help with a Tenant dilemma
I have a dilemma. My tenant called on Sunday and informed that the hot water heater was leaking. I sent someone with an hour an had them to cut off the water to the heater and they also drained the water from the heat...
Quinton Bogle
Whats the best way to set up an LLC for Rental Properties
What's the best way to set up an LLC for Rental Properties I've been hearing have 1 LLC owned by another one in Nevada or Las Vegas