Can someone please tell me if it is typical that the active partner in a JV deal (the deal finder, manager) should draw a 10% monthly property management fee for managing the property? Assuming the JV is 50/50, does t...
After plenty of learning, my wife and I are now on our search for our first rental property investment. We live in South Florida, where its difficult to find a good cash flowing deal. We've actually found a few prop...
Let's get straight into it. I know wholesalers that have made hundreds of thousands of dollars in assignment fees, yet they are missing the important fundamentals of running a business. Most wholesalers are hustlers a...
It seems that the BP community really supports use of property management services. We (a couple) have a very small portfolio and are owner occupants in one of our buildings. We question why some people with small l...
Hi! My husband and I are starting a business together. I need advice on how to separate private vs personal life and is it a good idea to do business with your spouse ?
I hear quite often on the BP podcast to not do your own rehab work and to not self manage. But other episodes contradict the other by stating the opposite. To build sweat equity and increase cashflow via self managing...
Hey BP! Looking for tips or language to add to a lease (especially during covid) that better protects the landlord against tenants choosing not pay. Has anyone made revisions during this crisis that create greater...
Wondering if anyone has experience with using a Delaware Statutory Trust to complete a 1031 exchange? Any insight on pro's/con's would be amazing.
Hi everyone, first forum post but I've been on BP for about a year now. I'm investing in the Spokane, WA area and in a span of ~18 months I've purchased one single family home, one triplex, and will be closing on a du...
Hey all, I'm a relatively new investor and self-managing landlord. I've gotten my bearings and have a cash-flowing triplex banking a little over $1500 / month, and am starting to look at acquiring more properties once...