Joshua Cole
Was I mislead in a deal involving cross colateralization?
14 January 2025 | 1 reply
Hello,I recently had a deal fall through that I need some advice on. A property that I own was on the market. An offer was received that I accepted. On the initial agreement, it clearly stated that the buyer was go...
Jonathan Baptiste
Any advice on finding dependable contractors
13 January 2025 | 5 replies
I work on projects across multiple states and have a strong network of contractors.Regarding when to involve a contractor, if it’s someone you haven’t worked with before, I’d suggest waiting until after the inspection.
Meir Ben-Yechiel
Question About Investment Goal Strategy
8 January 2025 | 5 replies
You have to do some more research.Are you saying 200k in cash so you could spread that out among multiple downpayments or 200k via a loan?
Jake Thorpe
Tax liens - what do you know?
14 January 2025 | 5 replies
Multiple people bid on that property as well.
Annie Anson
How to meet material participation hours for out of state investors
9 January 2025 | 20 replies
This could mean either spending at least 500 hours actively involved in the property or ensuring your involvement exceeds that of anyone else, such as a property manager.
Sean Gallagher
Scaling out of state while busy working my W-2
12 January 2025 | 23 replies
A solid property management team (or maybe multiple PMs if your portfolio is large enough) is a must for out of state investing.
Elvon Bowman
First time acquisition
13 January 2025 | 11 replies
Are there going to be banks involved, creative seller financing or all cash?
Aaron Robertson
How AB 2622 Is Transforming Property Management in California
9 January 2025 | 0 replies
Simplified ManagementFor those managing multiple properties, AB 2622 streamlines operations by expanding your hiring pool and removing the red tape often associated with minor repairs.Why It Matters for TenantsTenants also benefit from AB 2622:Faster Maintenance: Minor issues like plumbing or lighting can now be resolved promptly.Fairer Move-Out Costs: Affordable repairs mean tenants aren’t hit with inflated charges for damage beyond normal wear and tear.Things to Keep in MindWhile AB 2622 makes maintenance easier, landlords should still vet unlicensed workers carefully, ensure proper insurance coverage, and remember that jobs requiring permits must involve licensed contractors.AB 2622: A Win-Win for California’s Rental MarketAB 2622 strikes a balance between flexibility and accountability, making it easier for landlords to maintain high-quality rentals while fostering better tenant relationships.
Michael Darten
Property management managing multiple properties
4 January 2025 | 18 replies
Hello BP family ! I had an interesting topic my business partners and I have been discussing for quite some time and I would like the advice of you all. If you had 16 properties that you are renting out , would you us...