My wife and I have a rental property in Indiana that we have had for 18 years. We recently closed our joint bank account that the property manager sent ach transfers for rental income to. We provided our new bank acco...
Hey Guys, I am just trying to get some feed back on a situation I am currently involved in. It is still fairly early in the process and do not have all the numbers at this point.
Here it goes. I have a c...
Hello everyone,
I just took over a duplex (first property) with tenants already there. They're great tenants from what I can see so far. They have kept the place in immaculate condition. However, I sent them links to...
Hello BP hive mind, I am curious what people's thoughts are regarding allowing students to each pay me their portion of the rent [ie, 4BD house rents for 1300 between 4 people = $325/per person] Do I ask one person to...
We had tenants (roommates) who were supposed to be out as of November 22. The one I had contact with told me that night he would not be done. Then on November 23, when he brought the key to me, he informed me his ro...
I am trying to be as careful as I can. The brief points are:1/1 condo. Nice area only one vacant of ~60 1/1 unitsmarket rent $850-$925$880 firmFees-->Repairs--->Rentpostlets,padlets,CL ad (photos, building, but ...
So my father has a client who's is filing BK in Los Angeles, however they have a 4 bed 2 bath home and owe 192k to first lender and 110k to the second= 302k total owed. Comps show that the market value of the prope...
I use PropStream to pull lists of multi family properties which I reach out to via handwritten letter, phone calls, and texts. I want to niche down on the properties I target as my plan is to personalize and build rel...
I've never heard anyone on any podcast or webinar talk about the mechanics of how they live off their cash flow. Do they have a bank account for each property? Or does it all go into a single bank account? How much, h...
I’m looking to get some small multi family property near a medium sized university in a college town. Something like Kansas State, Texas Tech, Nebraska at Lincoln, Arkansas etc. I was looking to see if a property ma...