Mark Cerminaro
partnership deal how to structure
Hi, I am thinking about taking a partner on my single family flip which I am closing in a few weeks.I would be doing everything on flip, purchase, rehab and selling. The only thing the partner will bring is the down m...
Watson Hilaire
Pay as you go security deposit
Has anyone allowed tenant to put down low security deposit and pay as you go to the full amount? For example security deposit $1000 they put down $200 and pay extra $100 a month towards security deposit.
Would like t...
Richard Jackson
Mobile Home Parks Tenant Laws in FL - Frank and Dave Pass on FL
I was looking at MHP's in FL and read on one of the forum's in BP that FL tenant laws were generous to MHP tenants. I also remember that Frank and Dave do not buy property in FL. Are the tenant laws in other states a...
John A
4Plex Evaluation
Hello All!
I'm a bit of a newbie and I'm looking to purchase my first 4-plex. Please note that this is in California, so the rate of return may not be like that of other markets. Nevertheless, please let me know if...
Matt Prawitt
New Provo City Zoning Ordinance
I have a five-bed, two bath unit in Provo that's currently rented to five singles. I just became aware of the new rental disclosure requirement which requires landlords to have all tenants sign a statement that only 3...
Charlie Miner
Moving out of owner occupied home early
Hello,
I purchased my first house hack September 1, 2022 and moved in immediately (day of closing) with an FHA owner occupied loan. I understand the requirement of needing to live in the home for a year before being ...
Joe Taylor
Treatment of Remodel Costs After Leased on New Acquisition
Good morning all... I purchased a residential property for a long term corporate client in November 2017. The client asked for some remodel work to be done and expects to move in on March 1 2018. It's pretty signifi...
DJ Cummins
4plex deal analysis help
Happy Friday Eve Everyone!
Tell me how this one looks. Do you think I should try and offer lower than the 95k asking price? Obviously I was planning on offering a bit less, but not sure if the numbers would require...
Shane Engelken
Is this property commercial or residential??
New to BP and overall still a newbie when it comes to RE investing. I've had 1 unit for 3 years and now looking to expand.The deal I'm looking at is a 4-plex and a SFH. For what it's worth, the asking price is 135k an...
Michael Karl
Raising rent on a newly acquired unit with current tenants
My wife and I are getting ready to close on a 3 unit rental property in a suburb of Buffalo NY. All three units are currently occupied, 2 of them are month to month and one is currently on a 1 year lease. All three ...