We were considering purchasing our forever home now to take advantage of low rates.  We own land and rentals in the area we would be moving back to.  Houses and land in that area are at a peak price right now.  I have...

Hi BP,I just started managing a friend's home in Indio, CA remotely. He hired a property management company and is under contract with them, but they have failed to bring him any bookings thus far. He doesn't have the...

Hi, I am in the process of purchasing a Family Dollar. It's a new building with a good CAP rate in a small town. My only concern is an out clause in the lease that allows it to be cancelled in 5 years if sales don't a...

How are you supposed to get approval for a hard money loan when you can't access a property before being pre-approved? To my understanding the loan will be based on the asset, but in order to even make an offer on the...

first thanks to bp for the boat load of knowledge, looking for advice or direction to a trusted professional on what steps i should take next. I am a ex carpenter who became disabled and currently live off of ssdi and...

So, we are closing this evening on a triplex that has two units that we will be acquiring tenants in. Our first concern is how we go about meeting with the tenants to have them read, agree to, and sign our lease. Ther...

Hey BP Fam!

Warren Buffet recently did an interview (seen here) in which he gave this interesting quote: ""Apartment buildings are another asset that Buffett wouldn’t mind owning at the right price.“[If] you offer ...

Hi everyone, I'm in the process of setting up my first LLC. My mom is lending me some money for my first rental. Would it be beneficial to have her as a member of the LLC, or should I just run it as a single member? W...

Hey Ladies and gents,
I have a bid in on my first prospective rental property.  At what time is it necessary to form an LLC to protect my personal assests from liability?  I know of people who put each property inder...

Hi everyone,I was looking to answer my own question on Google but I could not find the answer. After the hold period of around 5-7 years in a syndication investment, what happens to your investment? Does the GP pay yo...