Kesete Thompkins
Considering Renting by the Room - Good or Bad Idea
I'm considering converting one of my SFH (4bd/1bth) rentals into a rent-by-the-room situation. All of my other properties have one family in them, however I wanted to consider the possibility of using this new deal to...
Brian Stone
How to answer the phone
When a lead calls, how should I answer the phone?
"Hello this is Brian, how may I help you?"
or
"NAME OF COMPANY, this is Brian, how may I help you?"
Is it better to NOT mention that I am a ...
Michael Klinger
Changing gears from a flip to a house to live in?
I wonder which BP forum this question is best suited for? Suggestions appreciated. I think it's mostly a tax question?Here's the sitch...We took on a significant single-family rehab that for lack of a better term, "ha...
Alexander Grullon
Neeed help on starting up
Is joining a realtors program for 1on1 phone calls and help from the realtor for 10gs or should I just do things on my own... ONLY looking for cash flow with multi family homes & 3+ units buildings
Taylor Green
Buying first property with existing tenants in place..
Hi, I am about to close on my first rental property and it has a tenant under lease until Jan. 2015. My questions are: 1) do I have to write a new lease agreement or can the existing agreement stay in place. 2) can ...
Jonathan S.
Refi Appraisal Problems
Hi All,Purchased a Duplex 2/2 for 160k a year ago; had to separate all utilities and upgrade oil to gas. Put in about 30k all said and done. Owner occupied.Rent is pulling in 1250 a month. Mortgage 1140. Nice deal. So...
Bret Meyn
Looking to get into rental properties.
What kind of insurance do you need on your rental properties?
how do you do your taxes when you have income from rental properties?
Greg Campbell
HELOC, LLC, Taxes - Newbie looking for clarity
Hello BP - I am new to REI with 10 yrs experience. After renting my wife's former house for ten years we are ready to take the plunge and begin investing in Real Estate wholeheartedly.The information I have found on B...
Teri B.
This REO is assignable?
Hello,I couldn't decide how to take title of a REO we just got under contract. In case we wanted to BRRR, I put the contract in name of my spouse and I to make delayed financing easier. One day later, I regret that ...
Nerissa Marbury
Rental Insurance Question: SFH Multi-non-family tenants
I have a SFH with three non-family tenants. I am requiring rental insurance for the first time this year - $1MM liability and me listed as an additional insured.Question: If two tenants got rental insurance for $1MM e...