Alisha Decoteau
Letter of Intent & Proof of Funds
Does anyone have an example of the LOI and POF? Does the POF have the exact amount the Investor is willing to pay for?Our position is: My partner and I have looked at the #'s the #'s add up to around the asking price...
Austin Allan
New Agent Networking
I recently passed my Colorado Brokers exam and am now considering making a career switch into real estate. I currently have a job and am not planning on quitting to pursue real estate full time, just yet. I want to fo...
Minh Le
My first deal. Please help!
Hi all,I'm a long-time lurker, first-time poster. A business associate reached out to me, asking if I want to take possession of 7 trailers that were affected by the hurricane. From all that I have read and heard on B...
Andrew A.
Landlording Basics - Routine Inspections
For most of my adult life, I was a renter and I noticed sometimes landlords would do some sort of "maintenance inspection" once a year, sometimes multiple times a year and sometimes, never. As a new landlord in Cleve...
Steven Silva
The Nightmare Buyer Experience - Lesson Learned
I just had to share a lesson we learned to hopefully help others be aware that this does happen and the solution is EASY. Recently we realized not all buyers are flexible as most regular human beings that were hugged ...
Pat Al
Spouse on mortgage for primary home mortgage, myself for rentals?
Hi,I tried searching the forums but couldn't find the answer so sorry in advance if this is a commonly asked question.My wife and I each have jobs with high W2 income. We live in a community property state, file taxe...
Chandler Canepa
Newbie from California
Hello BP! 28 year old Newbie from California here... Currently residing in Southern California; however, I was born and raised in Monterey, CA. I purchased my first property (2 Bed 2 Bath condo) in Temecula, CA in 201...
Zach Shrader
What documents to ask for before buying property
Hello all, I'm looking at an 11 unit multi family in the Ohio area. 9 units are 2 bed 1-1/2 bath and 2 units are 2 bed 1 bath.
I know there's some obvious things I need to ask for like the rents and stuff. But sh...
Amanda Thompson
Transfer of Management fees?
Hi! I will try to provide some details in a succinct way:
- My husband's LLC owns a property with 15 rentals on it.
- My LLC manages them.
- My husband is selling the property.
- The buyer hired a different manage...
Tom Kelly
Secured Investment
This will be my first investment with a partner. I do not want to own the property at all. I just want to finance the property and take my profit and go. The LLC states and I will change this, "that mediation is the f...