Andrew Smith
Is it standard for property managers to keep any late fees?
I'm looking to hire a new property manager and they seem to want to keep any late fees if the tenant pays rent late. Is this the norm? It seems unfair to me that if I get paid late they keep all the late penalties
Jeremy Mattson
What to do with a home on 2 Acres
Hi Folks,I recently inherited a home in the Central Valley of CA. It's a modest 2/1 on a flag lot that is about 2 acres. It's zoned residential/ag. (I attached a satellite pic with the lot outlined) My wife and I are ...
Jon Peterson
Anyone have experience w/ owning short term rentals? (airbnb,etc)
Hello BPers!I have a few long term rentals, but am thinking of buying a SFH to use as a short-term rental. Does anyone in this community have any experience with this? If so, what neighborhoods have you found to be be...
Account Closed
how do I speak "lawyer?" to get an owner finance contract
I have a lady highly motivated to get her own place, however, she is disabled and lives off a tiny check. She came to me saying she desperately wants to own her own house but can only pay less than $100/mo and she let...
Matt Tortora
What are standard terms when raising capital from investors for a property?
What are standard terms and conditions when raising capital from investors for a real estate investment? - Who carries the personal guarantee on the debt?- What is the standard GP / LP split?- Are deals that are fina...
David Mo
My First Deal and What I Learned
I set a goal this year in my introduction post to own 1 property by the end of 2020. I purchased my first duplex some time in August and have successfully reached that goal. I wrote about my first purchase in the Deal...
John Mark Morelli
Wildfire Proactive Maintenance and Insurance Questions
Last year, my partner and I started our vacation rental journey and purchased a place in Central Oregon in a rural area. It is located on a small mountainside community of around 300 properties in the middle of Deschu...
Michael H.
Managing 1 short term rental worth it?
I have been asked if I would be interested in managing a pretty large house as short term rental. The owner is going to be moving out of state.
The house, cabin, and 2 car garage sit in 17 acres in a pretty affluent ...
Richard Arakelian
Money Pit, what to do?
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $12,250
Cash invested: $7,250
I was trying to do the Tax Deed investing taught by the Ted Thomas group only to fall...
Sami Gren
Showing apartments in new jersey lockdown era
As all New Jersey investors obviously know there is a lockdown in New Jersey and only essential businesses are allowed to be open, was wondering if I am allowed to show my properties to prospective tenants??