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23 February 2025 | 7 replies
Could you share more details about what stood out to you in the demo?
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9 February 2025 | 4 replies
For January, the remaining roommate covered both his portion and the share of the one who moved out.
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6 February 2025 | 0 replies
Everyone has their own room and a bathroom and they share common space such as living room, dining room and a kitchen and they are one the same lease.
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8 February 2025 | 7 replies
The insurance company will send you copy of the tenant declaration page proving coverage, and they will notify you if the tenant ever cancels the policy or allows it to lapse.HOW TO SHARE UTILITIES 101You have a property with two or more units and the utility meters are shared.
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22 January 2025 | 9 replies
Price will reflect this.
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17 February 2025 | 7 replies
Looking forward to connecting and sharing my journey!
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18 February 2025 | 6 replies
Finding a true 0% down loan is rare, but if your goal is to invest with minimal capital, a joint venture (JV) partnership might be your best option.In a JV structure, an equity partner can provide the funds in exchange for a larger share of the deal—often 70/30 or 80/20, though terms vary.
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18 February 2025 | 4 replies
Here are some financing options to consider:HELOC or Cash-Out Refi on Another Property – If you or your mom have equity elsewhere, this could be a more flexible and lower-interest option.Business Line of Credit – Since the property is in an LLC, you might qualify for a business LOC, which could cover construction costs.Private Money Lender – If you’re okay with 12-15% rates, a private lender could fund this as a short-term loan, especially if the guesthouse will generate strong income.Construction Loan – Some lenders offer short-term construction financing, which converts to a longer-term mortgage once completed.Seller/Partner Financing – Bringing in an investor or structuring a joint venture with someone willing to fund the build in exchange for a share of the income.Credit Card Stacking or Unsecured Business Loans – Riskier but could work if you need to bridge a gap until the unit starts cash flowing.Would love to hear more details—especially your timeline and expected rental income.
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17 February 2025 | 4 replies
Great share @Brie Schmidt!
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17 February 2025 | 4 replies
.), and continue to educate myself on NOI, Cap rate, cash-on -cash return etc.BP community, I am open-minded, willing to take initiative, always willing to be taught something new, but also ready to share any experience or knowledge I have that can help someone else.