I have a high net worth individual that is willing to invest with me and I'm not sure how to structure the partnership. Along with some property holdings, I have a construction/property management company. We would b...
During the launch of the NW Chicagoland BP Meetup (where I was the guest speaker), I was asked the question:"Wendell, how do you find all these good deals?"My answer: you got to boil down finding deals into a science....
Hey BP community!So my tenant is backing out of their 2 year lease, and they've only been there 3 months. The reason for leaving is "getting married and moving in with new spouse". My cash investor owns the home, and ...
This post is more to organize my thoughts and collect feedback on the direction others might take. Here goes some background information.My rental in Des Moines failed the rental inspection for the following reasons. ...
Advantages:1. choose your tenants by owner occupying your duplex or 4 plex your not subject to the national discrimination rules.. You can choose your tenants ( hand pick them) discard any for any reason..2. when yo...
I have seen several conversations lately which have had some form of Due On Sale or Alienation Clause concept in them. As such I want to address the topic and provide a little opinion as well.
First let's start wi...
I have been looking into diversifying into some passive income from real estate. I have $120k in company stock which I liquidated this year since the stock is trading at all time highs and next year isn't looking goo...
I've probably bought a couple of dozen books over the years and I've spend a few hundred on my BP plus membership, so a few hundred dollars in total. Best book I've read is @J Scott 's The book on Flipping Houses. I...
Hi everyone,My partner and I are in Canada and seriously exploring rental properties in the U.S. Before we go too far down this path, we are concerned with getting some general insights on legalities and taxes if we w...