Liz S.
LLC Structure Question
Hey guys! I have been in contact with an out of state investor about partnering up on some flips...he would provide 100% of the capital and I would manage the projects. The idea would be to form an LLC for any given p...
Samuel Young
How do you structure your partnerships?
Hi all! I am getting started and I am going to have a partner, I am curious how you all structure your partnerships. I am in the Austin/San Antonio area.My partner will be out of state but will be helping me search fo...
Furrlo Rogers
Construction contractor agreement concerns
I am rehabbing my first income property which requires a new roof and new siding. The contractors quote seems reasonable and the expected time to complete the work does as well, but some of the clauses in the contract...
Vic B.
TITLE INSURANCE NEEDED OR NOT?
I am ready to purchase a single house and the title insurance is $1000. Is the insurance needed? This seems to be a bit of a racket. Wouldn't the estate attorney be cleaning up any liens on the property as part of ...
Ben Spiess
Interest Only Multifamily Loans
I've been hearing on podcasts about Terms loans where for commercial multifamily loans the lender agrees to forego principal payments for a few years. I.e., its interest only. How does someone get a loan like this? ...
Cody R.
Anyone successfully house hacked in the San Marcos area?
Hey everybody!I'm currently a Texas State student so the idea of house hacking to live on a reduced or zero cost obviously has a nice ring to it. The problem is the inventory in San Marcos is almost none from what I h...
Joe Provateare
STR property mgmt charge
Have an STR that is going to be roughly 3 hours away in Iowa that will be both a vacation spot for my family and various STR guests. Trying to set up my team to help manage the property as I'm expecting roughly 20-50%...
Sean Laird
Do I have to make repairs on a home I sell As-Is
I live in Mississsippi. I am selling a rental to my PM. On July 5th, we both signed the purchase agreement for the PM to buy the rental As-Is. On July 6th, I was asked to make repairs on the house. Am I legally re...
Amy A.
EDR Collateral Screen problem with loan
I'm refinancing a 5 unit apartment building and the bank just started doing "EDR Collateral Screening". I think EDR stands for "Environmental Data Resources". The result is quoted below:
" EDR collateral screen out...
Adam M.
Tenant Maintenance Responsibilities
I know this varies by state, but I would love to hear how you guys manage your tenants maintenance responsibilities. Do you guys have a set list for each property or keep it really simple and have a general rule outli...