D Williams
Preparing to Rent - application 1st?
I’ve read previous posts on this topic but am curious if the sentiment has changed over the years. I am not a new landlord but the homes that I have rented in past were homes that I didn’t currently live in. The hom...
Jay Hinrichs
The great lumber price gouge of 2020 2021
AS anyone who has been buying any kind of dimensional lumber knows prices have sky rocketed as much as 400% for some items in the last year.To me it seems like price fixing gouging.. at least here in the Northwest wh...
Reed Meyer
3-Unit Purchase in Chicago
My partner and I just purchased an investment property in Chicago, IL and I figured I would come here to walk through the deal.The property is in the Logan Square neighborhood of Chicago which is a hip, up and coming ...
Tomas Satas
Creative ways to trick piggy tenant into keeping the apt. clean
What's up everybody!My methods usually work but I have one tenant that thinks his place is clean and that it doesn't smell horrible.What have you done to encourage a tenant to keep his/her place clean without insultin...
Brandon Sturgill
Why Should I Care About NOI on SFH's?
And why does it matter what the cap rates are...I am only looking for cash-flow and equity...these other metrics mean nothing to me...or should they?
Raymond Hunce
Offer on Baltimore Property
Hello BP Community,My partner and I put in an offer on a 2 bed, 1 bath single family attached rowhome in Baltimore about 10 or so days ago. This is our first offer ever. We still haven't received a reply on whether th...
Michael Craig
Mom and Pop Property Manager
Hey BP,I am very close to closing on a duplex which is about 3 blocks from my 3 family home (my current residence). I will be moving into the duplex once I close and I will rent out the unit I currently live in - leav...
Tim L.
Can someone help me with cash-out refinance?
Hi guys, stupid question time. I'm looking to refinance my rental property, in order to free up cash to purchase my next rental. I was wondering if someone could help solidify the numbers for me.Original purchase pric...
Andrew Larson
Transferring My Rental House to a Single Member LLC??
With respect to the deed, I already understand that I need to Quitclaim the property to the Single Member LLC. My question is about the associated mortgage -- how do I transfer the mortgage to the LLC? Whenever I ta...
Kristine Libby
Rentals in the San Diego area (any advice)
Hey guys, New to BP. My husband and I have 2 rental properties in the Bay Area and we're looking to expand with a condo in San Diego. We're somewhat familiar with the market, but would love to hear from investors on t...