Aodhan Ridenour
First potential option contract this week. 2 property package?
My partner and I have officially made contact with our first real lead and are planning to meet this week with the seller of two semi-distressed properties (they are livable, just not beautiful). We've spent the last ...
Kendall Roberts
Tenant has new boyfriend inhabiting rental...what to do??
My husband and I converted our first home to a rental a little over a year ago. The initial screening process was an eye opener, and we quickly learned that professional/stable people are few and far between. Our pr...
Michael L.
Rehab edumacation time🤣
Great Afternonn BP Fam! I've heard many approaches and I presume there is no right or wrong but I'd like some more feedback if yall don't mind chiming in;
1, Do you give your contractor a % to start the work, and if ...
Angie W.
How do you assess young applicants?
My rental is in an older, lower middle class neighborhood with houses under 1000 sq ft. Being such, most of my applicants are early to mid 20's with maybe a high school education.
Being so young, many times t...
Martin Underhill
New Owner Looking to Terminate Previous Tenant
I just purchased my first property in Colorado 30 days ago. It is a Triplex with existing leases. I am looking to Terminate one of the leases in 30 days and move into the unit. I just received rent for the September, ...
Felipe Soto
Exclusive Engagement Agreement
Hi ALL,Thoughts on this. MM has an exclusive engagement agreement where 1% of total sale price is asked whenever this agreement is signed regardless if you use their recommendations for financing or you choose to shop...
Ross Murphy
Phoenix Listing Agreement
Looking to sell a rental property of mine in Phoenix. I have had the property for 4 years and lived in it for the first year and a half. I have enlisted the help of an agent that works for the property manager I hav...
Kristina Nutt
Pre-approved spending for property managers
What is a good amount to pre approve for a property manager for spending? What about emergencies?I'm new to investing in rentals.
David Domine
Seller insisting rent to own, unsure of process
Found a profitable hold property but the seller is insisting on a rent to own contract. Short story is the seller bought the house from wholesaler, used a 82k private money loan(11/16) from a local investor with 1 yea...
Matt Whitermore
Preferred Equity Sample Agreement
Hello,Does anyone have an example of or sample preferred equity agreement? Could anyone point me in the right direction? Trying to provide an example for an investor before paying a lawyer to write up docs.Thanks