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I inherited lousy tenants in a property (year lease) who are threatening to sue me for a slip down the stairs. She didn't seem injured but yadayada had to go to the doctors and did xrays yadayada. Now they're saying s...
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I have closed a property yesterday that I took a hit on... it was my first loss in 3 years and over 250 transactions that I funded. Take away... BP member good talker bad in execution.. I went and met with him in Atla...
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I met a contractor who did some work on my personal house, and when found out he does a flip from time to time, we agreed to work together. The roles would be:I would put in some cash and do all the work aside from th...
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As another test of the new BP file vault, and to give back to the BP community, attached is the spreadsheet I use to evaluate single family house rentals.
In general, the red colored fields are th...
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Hi, My tenant called me to ask permission to install solar panels along with a power wall installed on the property. They are very good tenants, no issues in any matter for the last 2 years. They have replaced all the...
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I'm considering doing Lease Sandwiches, without the Option contract, and would like to hear some pros/cons from anyone who's done it before.My reasoning:1. Hot market, competitive area. No reason for a seller to sign...
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I have been buying and selling real estate for about fifteen years in several different states. I have had major ups and downs both in spite of and despite the pricing bubble that we experienced. Mine has been a suc...
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Hi Guys,My question is about ownership and the transferability of ownership interests with limited partners (investors) in a multifamily property deal. How do you guys address the sale or transfer of partnership inter...
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The last week has been depressing as we went through a prelim exercise to understand our tax situation. We have a MAGI of over $150k through 2 W-2's, live in a rented house and own a few multi-families. We made a rent...