Mike D.
"House hacking" turned bad
so I have been renting out rooms in my first house to two acquaintances. One has been out of work for a while and is home all day(trust fund baby). apparently he has been selling weed out of my house. I reamed him out...
Paul Klei
Seeking to take out loan against billboard income
I am negotiating a billboard lease. I want to structure the lease to best facilitate a loan against the lease's income. I'm considering a 75-year lease with annual payments, escalators and perhaps revenue-sharing. Doe...
Dom Nico
Small commercial vacant lot - potential use cases, short and long term
I'm seeking recommendations for types of businesses either to encourage/court or to consider myself or with a partner. Recommendations can be short-term uses to bring in revenue while considering long-term plans.The l...
Matt Slakey
Closed on a fourplex!
Hello BP!Just wanted to share our first deal (woot!): Two duplexes on one lot, single story. All 4 units are 2/1s, about 750 sq. ft., W/D hookups, and a not-so-private patio for each unit. Gross rents are $2235, fully...
Christen G.
Refis: HELOCs vs. Cash Out?
Hi all,We're working on re-fing three small multi-families that we're holding that have higher rates and ~$300k in combined equity! In the COVID-19 financing climate locally, we're seeing higher interest rates for inv...
Anthony R.
STR Self Managers - What's Your Monthly Mgmt Costs?
Hi All,
Things are moving forward with getting my STR up and running by end of next month. I'm still on the fence about self-managing remotely vs a local PM company. Those of you who self-manage remotely, have you ev...
Faye R.
What to charge for a restaurant patio?
Assuming going rates are NNN $1/sq foot for restaurant space, what is a fair price for the attached patio space? Small population makes comps with patios impossible. Local weather allows for patio use about half of t...
Tanh Truong
Go Puff Business Model?
I've purchased a retail strip mall back in December with GoPuff as a tenant and have also viewed several properties in different states that had GoPuff as a tenant on the rent rolls. What's interesting to me is that t...
Rod Smith
Please review my deals- Quad vs. Duplex
Good morning BP family. Please take a look at thge 2 properties I am considering. I personally think they are both deals, but can't afford to buy them both at the moment. If I had a private money relationship, that...
Michelle R.
Shopping Center- fire exit signs
We have purchased a shopping center with 20+ tenants. They are on NNN leases. The leases do not specify landlord has to handle fire exit batteries, bulbs, etc. The leases actually say the tenant is responsible for kee...