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All Forum Posts by: Bryce Litwin

Bryce Litwin has started 1 posts and replied 57 times.

Post: Multiple Business Functions In One LLC?

Bryce Litwin
Posted
  • Danville, PA
  • Posts 58
  • Votes 58

Start a new LLC, it's cheep insurance...

Post: Will STRs Produce the Same Cash Flow During Recession?

Bryce Litwin
Posted
  • Danville, PA
  • Posts 58
  • Votes 58

Obviously various factors involved, but in general, Probably  not.

Post: Do you allow tenants to have weapons?

Bryce Litwin
Posted
  • Danville, PA
  • Posts 58
  • Votes 58

This is not common practice, probably not enforceable and very likely a violation of 2nd Amendment constitutional rights.  

Post: Calculating Net Worth

Bryce Litwin
Posted
  • Danville, PA
  • Posts 58
  • Votes 58

The thing I worry about with mint and personal capital is putting the access information to all your financial accounts out there on the web in one place and then that website getting hacked...

Post: Locks between tenants

Bryce Litwin
Posted
  • Danville, PA
  • Posts 58
  • Votes 58

A lot of people like the landlord locks, but I've not tried them.  I bought the kwikset ones you can rekey yourself recently... we'll see how it goes on the next turnover.  I've changed the whole lock previously.

Post: Vinyl vs laminate flooring in side by side duplex

Bryce Litwin
Posted
  • Danville, PA
  • Posts 58
  • Votes 58

Vinyl is more water resistant... 

Post: Calculating Net Worth

Bryce Litwin
Posted
  • Danville, PA
  • Posts 58
  • Votes 58

I'm using quicken and it works pretty well.

Post: Tax deliquent home with people living in the home...

Bryce Litwin
Posted
  • Danville, PA
  • Posts 58
  • Votes 58

File for eviction...

Post: New landlord...3X rent as salary requirement...too high?

Bryce Litwin
Posted
  • Danville, PA
  • Posts 58
  • Votes 58

If they don't make at least 3x the rent they cannot afford your rental.  

Post: Are Condos a bad investment???

Bryce Litwin
Posted
  • Danville, PA
  • Posts 58
  • Votes 58

Well you have the big ? On your expense projections that is HOA fees and when the HOA will raise them, or when they'll levy an unexpected special assessment, or if they'll vote to amend the rules and restrict or ban your right to rent your condo...

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