Kia Glass
Looking for a multiunit in Houston
I’m currently in the market for a multiunit property preferably in Houston. I’m having difficulty getting a team together. Are there other cities and states or multi units are more prevalent? How do I gather a team in...
Josh Marble
Buying a unit with family
Hi everyone,I have a unique problem that I'm having difficulty coming up with creative solutions for. Here it is:My wife and I are looking at ways that we can help my sister-in-law and her husband finance a home, whil...
Gi'angelo Bautista
Cold Calling Pre-foreclosures
Hi Everyone,I'm cold calling pre-foreclosures and I'm having a bit of trouble with my approach. At first, I was approaching them as a real estate investor that buys homes for all cash and etc, but I noticed that I wo...
Gregory Jansen
Need a 1031 and CPA professional
Hi I sold a duplex and purchased two properties in Phoenix with a 1031 exchange. Long story short, my longtime tax preparer was not available to do my taxes for 2019 and I had to scramble and do them myself and get t...
Julie O'Connor
Rejecting Potential Tenant and Enumerating Reasons Why
I notified a potential tenant via text that their application was denied after the $35 tenant screening service revealed an active, open bankruptcy (<6 months) (as well as two prior dismissed bankruptcy filings), a...
Richard Krokodiliukas
additional occupant
Tenant is asking me if his brother could stay 2 months in apartment. Per lease only named tenants can stay. I don't mind if its only for 2 months as they pay own utilities. What I'm afraid that it can be over 2 months...
Martin Zagrzejewski
Need help structuring a deal
Hey BP, Need help on structuring a new deal I'm working on but haven't inked yet. It's a SFR 4/3 2 car garage in a nice neighborhood. The seller owes about $150k on it but it comps out about $240k. They are being ...
Miguel Pacis
How Do I Structure This Deal?
Good morning !I have an acquaintance who is having a financial difficulty who needs $10K cash in the next 2 days and wants to sell me his home that is worth $210K(zillow) for $150K . He doesn't want to deal with the ...
John Crimmins
Anyone used SBA Loans for setting up an STR?
Hey all, I'm considering an STR (my first) that requires a significant amount of rehab. About 100k. I'm wondering if I can fund 50-100k of this by using an SBA loan. Anyone ever done this before? Is it even possible?
Barbara Sheppard
My rights as a silent partner
The role of the silent partner is primarily providing capital for funding a deal. Does the silent partner have any other rights in the deal? For example, if the deal is experiencing "challenges" (i.e. management, fi...