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...
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. ...
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...
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...
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...
Hi Everyone,
I'm looking for feedback on what grace period should be set forth in a lease for when a tenant doesn't pay by the agreed upon rent due date. What does the BP community use? Do certain state laws mandat...
I'm trying to better understand what makes up an "Apartment Insurance Policy" and how it might be different than a typical insurance policy.The context was that an investor has a duplex and decided to go with an "Apar...
Hello Everyone, I’m using a standard Realtor leasing agreement and there are some items in the agreement I’m not sure what they supposed to be items are item 14 Window Guard notification Verification of verbal Window...
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 ...
I recently bought a triplex in Oakland, and inherited a sec 8 tenant. The rent this tenant is paying is far below the voucher standard. The voucher standard itself is a little bit over the rents for the neighborhood. ...