Steve Candor
First time buying a multifamily - Process of getting tenants to pay me?
So once I purchase the property (or prior?) what do I do to get the tenants to start paying me the rent instead of the older landlord? Do I draw new leases up with each one (they are already on leases) or just tell th...
Andy Webb
North Texas: apply security deposit to dry lawn/foundation?
Most landlords I know here in North Texas have a clause in their leases requiring a tenant to water the lawn and (more importantly) the foundation X number of days a week during the hottest months (Apr - Sep or someth...
Darren Krett
Real Estate partnerships
We are planning on entering a partnership with someone we know and have a couple of questions regarding how best to construct a partnership. Both parties would want to have equal equity as they would both be contribut...
Gregory Talkington
Is this a good deal?
I am closing in on a wholesaling buy and wanted to get experienced insight as to whether this is a good deal or not. Also, I'd like to get an idea of what I could reasonably ask as an assignment fee. Here is the deal:...
Denzell Davis
Looking for tricks of the trade
Just started an LLC in the LA/ Ventura are. Looking for tips and pointers to help get me started. Or to at least point me in the right direction. Looking for possible partnerships, and guidance to really take off with...
Sean Ohare
Price Adjuster List Portland Oregon
Trying to streamline my process for analyzing deals and I’m wondering if anyone has a list that they would be willing to share of price adjusters. For example, adding a bathroom adds x value, exterior paint adds x val...
Joshua Chen
A first goal
Hey BP community! I just recently came up with a first goal for my real estate endeavors. I'm thinking of making downpayment on a small 2-4 unit (duplex, triplex, quad) at Oklahoma City, getting financing from an FHA ...
Patrick Kwan
Referrals to Rental Insurance Companies
Hi BP,I am 23 years old and new to real estate investing from Toronto, ON. I am looking to do my first deal in London, ON, but want to understand the potential costs of Insurance for rental properties, from what I und...
Justin C.
Seeking advice on how to think about weather risk in MHPs
How would you think about the risks of buying a park in a tornado prone area? What about a 100 year or 500 year flood zone near a river? What does the worst case scenario look like for the park owner and how do you q...
Gary B.
Expenses as % of EGI optimal level in multi-family
Hi Fellows, when you evaluate multi-family deal, what is the optimal level of expenses as % of EGI you recommend?Best, Gary