Chris Gomes
DYI rehab vs. hiring a contractor
I am closing on a property in Denver this month that is completely rehabbed. It is a SFH with a basement mother-in-law unit. The top is a 3/1 and the bottom is a 2/1. I am planning to add in an additional bathroom on ...
Joyce Lai
Having contractors take photos of finished work before payment
I invest out of state in single family rentals. Since I am not there, I ask the contractors/handyman to help me take before and after photos of the job. I want to be able to have a record of the work product so that...
Michael Calderaro
Common Area Laundry Rooms - problems or amenity?
First, why did I post this blog in this forum? Because gentle readers, a laundry vendor is a commercial tenant. And the reason they are commercial tenants is because if you signed a contract, as it is called, it re...
Chidi Osuji
Repair Credits - When the seller says no
So my real estate partnership LLC (a couple friends and I) are under contract to purchase a 2-flat/duplex in Chicago. The inspection uncovered termites, basement floor joists needing replacement due to the termite inv...
Michelle Burdo
How do you qualify a potential note investor for a JV partnership
Hello all. This is my first post here. I have done my 'due diligence' in researching the note business. Knowing myself, I have determined I'd like to purchase a performing note in the state of FL as a JV. I like havin...
Andrew Freed
What questions to ask syndicators when vetting their deals?
I am in the process of searching out some syndications where I can be a limited partner. What sort of questions do you recommend to ask to vet the syndicator and the deal? What is a common split among GP's and LP's th...
Matt McCurry
Out of state management setups with contractors
Looking to get my first out of state property and potentially manage myself. What kind of setups fo you have with your contractors that take you mostly out of the picture. For example, the tenant calls the contractor ...
Scott Heinze
Property management recommendations in Central Massachusetts?
Hi BP Community, I am closing on my first investment property (3 unit) this week and have been shopping around for property management. I have talked with a few different companies, but figured I would put the fee...
Sandy Tan
Finance situation and first rental property
Am I in a good finance position to buy a rental property? My husband and I are thinking to purchase our first rental property upstate ny for about $200k so we can have another source of passive income. Here is our num...
Felipe Rocha
Introduction - new member!
Hello!
I have been an investor in real estate in my country, Colombia but I want to jump to the US real estate market. I am excited to join this community as a new investor and learn from all of you. I heard in a big...