Dan Handford
Turning Over Multifamily Units - What is the standard?
I was shopping an apartment for a syndicated investment this past week and was drilling the property managers on various topics. One of the topics that I have been getting a wide variety of answers is when I ask the q...
Yonah Weiss
KP / Sponsor / Loan guarantor - what's the standard fee?
Is there a standard fee or equity split structure for someone acting as a KP (Key Principle) /deal sponsor / loan-guarantor on a multi-family acquisition? Let's say all they do is co-sign the loan, without bringing an...
Brandon Hartman
Calling all 1031 Exchange experts - Off standard question
As part of my partner and I's year two growth strategy, we will each be purchasing a duplex with an FHA loan that we plan to separately house hack for two years (me with my girlfriend, he with his current roommate). ...
Tony Schober
Standard or easy reading contract for motivated sellers
What type of contract do you think would work better
- A standard contract promulgated by say the Texas Real Estate Commission
or
- A dumbed down contract that gets to the necessities/basics
I see benefits for bot...
Deb L.
Are these property management fees standard? Central FL
I'll be renting out a condo soon; the prior tenant was a relative, great tenant for many years. I self-managed, no extra fees, etc.I've recently hired a property manager. Here are their fees to the tenant--$150 admini...
Theo Daubresse
Minimum Standard for Credit Scores and Security Deposits
Hello All,
I am looking into purchasing my first investment property in a C+ / B- neighborhood in Richmond, VA. In addition to checking income, employment verification, criminal background and the tenant’s rental hi...
Paul Smythe
Is a Project Management Fee Standard for Contractors?
I'm working on a deal and a quote from one of my contractors has a project management fee included in there. In the BP community's experience, is that a standard line item for most contractors? I've seen budgets with ...
Cassandra Sifford
Section 8 Rentals - What are Your Tenant Standards?
HAPPY FRIDAY BP!!! I am under contract on my 1st investment property in what looks to be a C class neighborhood. The court I'm buying on is fairly quiet, not as congested as the rest of the neighborhood and clean. ...
Aaron Wortham
Industry standard for equity partners and debt investors?
My question is two fold:The first part of this is that I have a long time friend who is a general contractor. We have discussed him running the rehab portion of investments in exchange for an equity share. Is there an...
Mike V
Florida owner occupant delayed financing AND standard 203k
Hello everyone!I am currently in the process of purchasing a foreclosure as an owner occupant. Here is how the deal breaks down:Location - FloridaCurrent Sq. Ft. - 500Under roof (garage/workshop included) - 1500Over ...