Ryan Riches
How do you track expenses for a new LLC?
My wife and I recently closed on our second property. We purchased a house in 2017, lived there for a year, then purchased another house that we are owner occupying while house hacking through STR and renting out our ...
Account Closed
Finding an agent questions
1. How criteria should I use to determine who is a good agent? Should I rely on online ratings? What kind of questions should I ask an agent?2. Should I rely on my agent to refer a lender and property manager, or find...
Russell Pitts
Researching a 26 Door Portfolio in Memphis - help!
All, there is a portfolio I'm trying to do some due diligence on. I'm fairly familiar with the zip codes of Memphis but lack a bit on the street-by-street knowledge. I typically stay out of areas less than C+, like ...
Chris Harpe
CRM alternatives to REI Blackbook?
Greetings BP! My partner and I are looking for a CRM software that will provide the following functionality. Wondering if anyone is currently using something that accomplishes anything remotely close to this: Create a...
Phillip Lanier
Is there a way around the 90 day FHA title seasoning?
Hello BP friends,I am looking for any insight on how I can structure the following deal. I have negotiated a "sub to" deal where I will be paying the owner $3,000 and getting the deed subject to an existing mortgage....
Matthew K.
Can I get a HELOC on a rental?
I currently have a house on the market that I previously lived in for the past five years. I want to rent it, cashflow the property, and take a HELOC out to do further investment. Is it possible to get a HELOC on a re...
Thanh Hong
FHA and appraisal, with non FHA approved issues help
Hello all,Looking at purchasing my first home , but have some issues/Concerns that we’re raised around FHA approval. My only options is FHA, due to a credit problem I had several years back that I’ve slowly bounced ba...
Kaitlyn Pratt
Condos- Equity, HOA, and cash flow, are they worth it?
Does anyone have experience investing in condos? What is your general experience? Do they build enough equity to be a worthwhile investment? I'm looking at one that is small- 900 square feet, but it is in a great loca...
Gunnar Sevart
POA not valid, but seller wants to get rid of house for mother
Working with a seller in DC that is acting on behalf of his mother who has dementia and is in the hospital. Without realizing that his POA was not valid (until our trusted title company informed us of the incorrect do...
John Kai
Tenant breaking lease
My tenant just informed us that they were terminating a 2-yr lease with 10 months remaining on contract. We have a signed, executed lease agreement and did not mutually agree to terminate lease. The monthly lease was ...