Elizabeth Beard
Wholesale AND Retail
I’ve already formed my LLC for wholesaling and closed my first deal last month. However, I just passed my real estate exam and I’m going to affiliate with a broker who understands that I’m focused on investing. Since ...
Account Closed
No grace period for rent payment?
Our rental contract specified a daily late fee if the rent is made after due day. My tenant complained that’s unheard of and “no room to breathe”. What are you guys’ thoughts on this?
Jesse Martin
The private money deal on paper
I'm looking to raise money through private funding. Some to have ready, and some per deal. When working the deal with the private lender, how are most of you breaking it down. Let's say you're requesting $100,000 l...
Jacob Fisher
Tentants break up
Hello,
I recently purchased my first rental. It has been good for the past 4 months. Until now, my tenants broke up. The boyfriend messaged me wanting to talk. I called he didn't answer. So I called the girlfriend thi...
Lolita Ellis
Soon to be partner in BK any risks on my end?
Hey BP Fam,
I have been pondering for several months on this so I decided to reach out to you and ask of you opinions. As they are always helpful and make us exercise our critical thinking skills! I am thinki...
Joe Butcher
Am I required to tell applicant why I am rejecting them?
I'm about to start taking applications for my rent house.
If I reject a tenant who fills out an application (which is free) do I have to tell them that I am rejecting them and if so, do I need to tell them wh...
Armando Carrera
FHA House hacking risks?
Hi everyone,
Im trying to figure/find out how strict the rules are when it comes to getting an FHA loan (I want the minimum down payment) and renting it right away. Ive read that you must occupy the home at least 1...
Bala Krishnan
Commercial Loan Terms Discussion
Dear BPs,
I am a newbie evaluating loan terms from a commercial mortgage broker. I am putting the info below. Need your take on what you think about the terms here.
The property is in Charlotte, NC. ...
Jordan Moorhead
AirBnb Miami South Beach
Who runs short term rentals on Miami Beach and knows a good agent on Miami Beach? I’ve always been interested in having a vacation rental there.
KC Zhang
Property Management Contract Terms
I'm in the process of hiring a property manager in IL and found some terms in one property management contract hard to agree to. I'm fairly new to owning properties in IL, and want make sure these terms reasonable pra...