George Dale
Documentation when borrowing private money from family
What documentation do I need to consider when borrowing long term private money from family (30 year amort/10 year balloon)? I am working with a close family member on a loan. There were be no lien's on the property...
Daniel Ferris
Month to Month Lease
Hi BP,I am asking a question from the perspective of a tenant and looking for your expertise. I have found a good deal of info on MTM leases but none that I can locate seem to directly address my specific question.The...
Gray Diffee
Buyer: obtaining security deposit and pro-rated rent from seller?
Closing day is less than 2 weeks away! This is my wife and I's first RE investment and we could not be more excited! I contacted the sellers agent directly and she has been representing both sides. Not a great experie...
Oren Peleg
Security Deposit Forfeiture?
My tenants are currently delinquent on one month's rent. We have begun eviction proceedings. My question, however, is: Does the tenants' breaking of the lease forfeit the 2 months of security deposit? As in, does the ...
Samuel Hoston
LLC or Sole Proprietor
Hi guys which is better for residential real estate investing, invest as individual, LLC, or Sole Proprietorship?
Eric Mcginn
Fireplace in vacation rental
I have a 2 bedroom cabin in the mountains that has a great open living space with fireplace. the fireplace has a capped off natural gas line in it. I’ve been SRTing on Airbnb the last couple years. Never really any is...
Gerald Pitts
Half of Duplex - Need Roof
In addition to a 2nd rental I'm selling in Nashville soon, I'm selling my half of a duplex aka zero lot line property in order to buy my 3rd vacation rental in the smoky mountains. Seller is requesting a new roof af...
Jennifer Cooper
Silent Partner Contracts
Hi, Im 38 years old, put our second offer in on a possible STR rental. I invited my parents to come with my husband and I to look around just for the heck of it because my dad is retired and since we had three young k...
Dana Regan
Private funding contract
I am purchasing properties with hard money, then refinancing. I have used hard money companies, but now my family and friends are interested. I have no problem with this, as long as it is in a contract. I need ideas...
Dyna J.
Mountains out of molehills
As I was walking home I noticed furniture and nicknacks piled on the street. ...What on earth? Then I saw the people standing next to it. With windchills below freezing I realized these folks had been put out by the S...