Jessica Monroe
Launder mat / Tanning Salon
We're currently under contract on a business + building. Launder mat, tanning salon. The Launder mat is currently outsourcing dry cleaning but possibly bring it in house in the future. We will be managing the business...
Kenneth Stamps
Liability question for residential vs. commercial loan
I am about to make an offer on a 4-plex in Texas. I will not have the 2 year tax returns in order to obtain a commercial loan (I will have 2 years in April but I want to close ASAP). As such, I am exploring simply doi...
Berlinda Luong
Property Manager Skipped Town
Hello BP Community!I was hoping to get some advice. My last property management company still owes me security deposits and rental income (totalling about 16k). I was travelling a lot so I didn't check in too much, es...
Fedor Volkov
Lease renewal notice - inheriting tenants
Hi BP community!
I'm closing on a triplex in Avondale next week and I'm inheriting tenants in one of the units. Their lease (a standard CAR form) is ending May 31st and there are no provisions in the current lease f...
Dimitris Kontonikolas
Gas gone and replaced with smallest boiler/fixed rent
Hey,So in our apartment we had gas supply that would provide us with hot water all day round.The owner decided to take out the gas supply and so he replaced the radiators and the boiler for the water with electric one...
Account Closed
Becoming a Mortgage Broker
Thinking of becoming a mortgage broker. Any mortgage brokers on BP? Is it a good job or side hustle to have? Working independently or with a company- which is better?
Stetson Gatlin
What to ask when interviewing a tenant
I’m renting out my first house and I have a couple of applicants with seemingly good applications.What should I double check on when meeting them in person and showing the house? Any feedback would be great, I’m looki...
Joe S.
Need attorney in Texas for documents
What we are looking for is an attorney that will do owner financing docs as well as demand letters from time to time. Any recommendations?
Mazyar A.
Rent ? or tear down/build? in Austin TX
Hello
Please give me advice on my very first investment property.
Property location: Austin, TX
Neighborhood of the property: Has the fastest average growth in appreciation in metro Austin (2019: 12%, 2017: 24%)
P...
Yuval Molcho
How to chose your neighborhood - Biggest Commitment yet
Hey all,
The idea of this topic was trying to make sense (and order?) of the most important parameters when choosing a new market when entering remote REI. As you know this is maybe the biggest decision a new investo...