Charlotte Dunford
SEC Regulation - 20% rule?
Hi all. Question: When you raise money from your LP's, do you have to limit each LP's to a maximum contribution of 20% of the total capital needed to close the deal? I heard that this is a SEC related regulation. Is t...
Attila M.
taking over tenants with a new property
Hello there,I am currently in the process of buying a duplex and it has tenants in place, who's lease will expire sometime next year. Since this is the first time I am getting a property with tenants in place, what ki...
Kate K.
Letter of intent for rent renewal.
Hi everyone,
We have 2 rental houses in the State of IL (suburbs). In 2 months will be the time to renew the lease, so I need to send our 2nd tenants a letter of intent for their rental lease renewal, and I was wonde...
Chris Clothier
Hurricane Harvey - Immediate Housing Available & Relief Supplies
By now, we are well aware of the unprecedented and devastating impact Hurricane Harvey has had on Houston. Many of you, have friends and family that have been displaced by this tragic event and are literally left with...
Anthony Freeman
Late fees for a Triplex
What is a decent late fee for a three unit property? ($725 for rent)
Ben Moore
Buying tenant occupied condo Los Angeles, rent below market, what to do?
I've found the perfect apartment to buy at a great price, but there's a catch—it's currently occupied by a tenant. The tenant pays well below market rate, probably about 50% less due to the property's condition.
I'm ...
Chris Stromdahl
Rental increase notification lead time?
I am going to need to raise the monthly rent on one of my properties this year.How much up front notification do I need to give my tenants? 2 months, 2 weeks, etc?What do you think about using email to notify, as long...
Michael Peralta
2% Rule Situational?
Hi BP,I am aware of the 2% Rule when it comes to Real Estate investing. However, does this rule apply if you are not putting 20% down? Reason being, PMI payments could shift your numbers.Should the 2% rule change to a...
Richard Koch
How do you finance your rentals?
Hello!
So I have my eye on a couple really good small multifamily rental properties and I had a question for all of you. What companies do you use to finance your rental deals? Do any of them offer 100% financing ...
Steve Ricker
American REI in Canada..
Looking at investment props (sfh) in S Ontario...I am US citizen, born and raised in Canada.Looking for anyone with experience and has insight on tax implications in Canada and US for this type of investment.