Thomas Higgins
The Evolution of Real Estate Investing
As fund managers, it's important to have a historical perspective when it comes to investment strategies and where we allocate our money. Real estate investing has been a popular way to build wealth for centuries, wit...
Brian Gibbons
Would you give an Immigrrant Tenant a 30 year lease on a house? And a Deed?
If you live in an area that has non-English-speaking tenantsIf you live in an area that has non-English-speaking tenants, especially Hispanics like where I live in California, and I can only imagine Arizona or New Mex...
Eli Gilbert
Exclusive only Realtor!
Hi all Investors and Realtors!I met a realtor today who only works with investors that said that he would only work with me if I exclusively work with him, no other realtors!Is this normal, my thoughts are, if he’s wo...
Marc Pfleger
Drafting an Operating Agreement
The title agency is asking for my operating agreement for my multi-member llc to check if I have signing authority. I have been educating myself on the OA for a few weeks and was going to take my time to draft an O...
Jeffrey Marzan
Need help with Property Management issue...
After purchasing my own duplex recently, I've decided to hire a Property Manager due to the lack of knowledge in dealing with my tenants. Before I moved in, my PM told me what needed to be replaced and whatnot via web...
Simon Obas
Haven’t met my new tenants
Greetings. Just purchased my first Triplex and it came with tenants. I didn’t meet them during the home buying process. What’s the best way to introduce myself? Should I simply knock on their door? Should I write a l...
Christopher Hunter
Working with an agent
Buyer's agency agreementCompensation. Buyer shall pay firm compensation as follows:$3,000 to be paid up-front$1,000 to be deducted off of the first three properties that are purchased. (may be negotiable)Is this the ...
Richelle Bryan
Closing Costs on NYC Co-Op
Hello BP,What are all the expenses related to purchasing a co-op in New York City? I know there is a down payment of course, but about what percentage of price is closing costs? And are there other expenses such as a ...
Jason Blythe
Weary of "Currently Renting At" Listings
Hello all! We are in the processing of purchasing our first investment and it got me looking into other opportunities for purchasing. Around us there are several properties listed with "currently rented" rates that ma...
Ty Hines
federal tax credit for lease purchase
Here in Georgia I have read several advertisements that claim that the purchaser of their home through lease purchase can qualify for the $8000 tax credit. Is this correct. Any comments