Mike Brown
In a NNN lease, what does the investor have to pay for?
From what I understand, the tenant pays for all maintenance, insurance, etc. But what does the investor pay for? If a new tenant comes in, who pays for the remodeling, new roof and such?
Scott Preckwinkle
New to BP and beginning phases of become a real estate investor
Hello BP Community,I'm not exactly new to BP but haven't been very involved in the past. I recently upgraded to being a Pro Member because my wife and I have finally made the decision and commitment to becoming real e...
Andrew Bosworth
Unscheduled repairs
A tenant just called asking to have changes made to some of the property's electrical outlets (they are the old 2-pronge outlets, versus the modern 3-pronge type). As it is not a necessary repair/maintenance issue, I...
Ian Checketts
Multi-family Construction and Renovations
How often has an item come up during underwriting, or due diligence and you have to track down a million contractors to try to get pricing for that work that needs to be done? Have you used a contractors pricing, then...
Peter Fokas
found UST what should I do?
Looking to purchase a building and during due diligence it was discovered a UST exists. Seller had UST "abandoned" back in 2007 and they provided document showing this. I asked seller that I still wanted UST to be re...
Gene H.
McDonalds Real Estate Department
Hello - wanted to see if anyone has ever been in touch with McDonalds' real estate department for a potential site lease/acquisition. I submitted a site to them recently and one of their regional real estate managers ...
Terra Padgett
Landlording is Not All That Passive
You always hear about rental properties as passive income. Well I totally disagree. Even with PM in place, there are still many active activities when it comes to direct property ownership. Yes, it does take several t...
Wilson Pereira De Oliveira
Convert basement into a bedroom/tv room and laundry into bathroom
Hi guys,
I have a 3/2 SF with 2 car garage and basement. My idea is turn it in a 4/3 converting the basement into a conforming bedroom with window and closet and a tv room/living room and the laundry into a bathroom ...
Jack B.
Should I go through with this deal? Relatively minor repairs??
Based on comps look like it is valued between 450-480K.I’m getting it for 355K but it needs roughly about 15-35K in work (15K on the low end, 35K on the high end if I fix the optional stuff and it costs more than esti...
Richard V.
How to rehab out of state property
If I plan to purchase a rental out of state, is it realistic to rehab a property to be rented out? I live in L.A. and prices are through the roof.