Hannah Forman
LLC for 9 plex, will it affect DTI
Hello, I am a real estate rookie. I am hoping to seller finance a 9-plex from a family member, but I am trying to figure out the logistics. I want to keep it very professional, and set myself up for success as a busin...
Kuriakos Mellos
First ever perpetually late paying tenant - help/ideas
Hi BP community!After hitting a very solid stretch of on time payments across my portfolio over the last 3 years, I’ve run into an issue with one of my LTRs where I have a tenant who now pays late every month. I’m no...
Taylor Cartledge
How many bathroom towels do I need?
I'm currently furnishing a short-term rental and am curious about how many of each kind of towel I should get (Bath towel, hand towel, wash cloth, bath mat). Should I count it as per guest, or per bathroom?
Chris Pelletier
Positive vs Negative
Before I take the plunge I'd love to hear from those of you who have already been down this road. Would you purchase rental property again. Do the pros outweight the cons? Any advice you have would be great. My wi...
Dennis Yosco
Find an owner that’s in an llc
Hey all, So I’m digging around and trying to find an owner. I found the llc. I found the management company. I have the persons name. I have the persons numbers but when I called them non of them are actually her. I’m...
Fedor Volkov
Home insurance for a house hack - where to start?
Hi Chicagoland BP community! Under contract for a 3-flat in Logan square/Avondale that I plan to house hack. Any recommendation on home insurance brokers/ companies that folks have recently used? If I understand corre...
Bienes Raices
Tenant declared bankruptcy
A potential applicant just called me. She lost her house to foreclosure last year, which I know is not a dealbreaker from these forums, but also declared bankruptcy at the same time. Should the bankruptcy have any eff...
Scott Dupree
Personal creditworthyness-based financing for commercial property
Im just starting out learning about real estate in the Pittsburgh area. I started out looking for a duplex or triplex but there is a very strong sellers market here. Both SFR and multi family are selling instantly for...
Taig Blum
Would starting out in a duplex be a good start?
I’m 21 years old and plan on using a VA loan to purchase my first home. I’m looking at buying a duplex and living in one unit and renting out the other. I hear this is a great way to start out and really save on some ...
Aaron Cornwell
Pulling water vacancy list
Hello, everyone! I am a fairly new investor looking for ideas for new lead sources. One source that I’ve heard mentioned in a few different podcasts is a “water vacancy” list. Has anyone used this list? Could anyone g...