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22 October 2021 | 5 replies
The Tenant-In-Common entities are each named on the deed, as well as the Tenant-In-Common entities percentage of individual ownership.
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26 October 2021 | 15 replies
On a personal note, we plan to invest in a self storage fund and a MF fund in 2022, and perhaps one individual deal. - investing in other asset classes outside of real estate - I know some people put all of their investment into real estate, but I am a believer in diversification, so that your entire investment portfolio isn't at risk during any downturns. - keeping some cash reserves - downturns mean opportunities for smart investorsInvesting carries risk, as does not investing.
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21 October 2021 | 8 replies
We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
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20 October 2021 | 24 replies
The concern could be that you are attempting to coerce them to accept your family over another family or individual who may or may not be in a protected class.
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19 October 2021 | 0 replies
They both would be $1,000 a month but I have seen individuals stray away just on how its advertised.
19 October 2021 | 4 replies
Maybe meet with each of them individually, tell them to call you if there is any funny business and you appreciate them watching out for the neighborhood, but you'd appreciate it if they do not approach the guests.
7 November 2021 | 4 replies
We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
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11 November 2021 | 3 replies
I hear a lot about storage units, but I feel at some point individuals will think, how much "stuff" do they really need?
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20 October 2021 | 5 replies
Lots of investors find banks and lenders as necessary evils to acheive their individual goals, so if they make a suggestion about a lender, then the lender is usually a really good one.
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4 November 2021 | 9 replies
BP is a great resource - you can also connect to local individuals and deals through the Indianapolis Investor Groups on Facebook.Make sure to set your key word alerts here on BP so you can hone in on what you're interested in from the start - best of luck to you!!