Perry Livingston
Lowering pet rent mid-lease
My Tenant's spouse just moved out and took one of two dogs with them. The tenant is asking to alter the lease to decrease pet rent for just 1 pet. Could I potentially open myself up to any legal implications for alter...
Jason Malabute
HELPING SELLERS MAKE A DECISION
People's number 1 fear is making a bad decision .People are scared of being taken advantage of. This is why people ask for "more time" to make a decision.Some apartment owners might be motivated to sell, but believe t...
Lauren C.
House broken into Before Closing. Whose Responsible for Damages?
Hi BP Community!
I'm currently scheduled to close on a duplex this Friday. Went over to the property today to ensure the smoke detectors and what not worked for the CO inspection and noticed the front door was kicked...
Timothy Heck
Tenant just moved in and building enclosed office in apartment before BHI Inspection
Hello, I have just rented a residential apartment to my downstairs commercial tenant, he had advised he wanted a pt apartment and office for his business. I had asked if he would have customers come to the office, h...
Henry Cepero
First time buyer should I hold rental property long term, Orlando
Hello Everyone,I'm purchasing a property in the SODO area of Orlando (around Delaney Ave) under contract for $375,000. It's a fixer upper needing a new roof, new water heater, and probably a new electrical panel. The ...
DongHui Patel
"Side Letters" in syndications / syndicates
Anyone dealt with "side letters" before for investments? What are the terms of these usually?
Please dont reply "it depends" - would be good to have some real examples of what youve seen (Total fund $, amount invest...
Dolan Bradley
MTR management commissions?
Any suggestions on MTR commission splits? I've seen 25% a lot how ever with the rent rates varying from insurance rentals, vacation rentals, travel nurses, etc. Do you ever alter what your take-home is? Also any recom...
Kody Veit
Baltimore Seller Finance Deal: Need Recommended Attorney
Hello,I am looking to structure a seller financing deal. I have an LOI put together by my Agent including the seller and my own agreed upon terms and would like to run it by a local Real Estate Attorney to see if I ha...
Patrick Britton
Appraisal on +5 units
Question about the appraised value of larger multi-family properties...Is the appraised value based on the NOI of the current rent (or appraiser's estimate of rent)? If so, how would an appraiser get all data (expens...
Billy Davidson
New Agent - How To Split Up Commission Check?
Hi All,
I am a new real estate agent in Ventura, CA. I recently took the jump from being a CPA, which was boring and not fulfilling to becoming a real estate agent. I have other streams of income, but I wanted to rea...