Hi BP,When using syndication to purchase an investment property, I understand that you would normally pay your LP's between 8% - 10% preferred on their investment, and then split the excess (somewhere between 50/50 - ...
New Texas Excess Proceeds law introduced - What is your take on this ?How do you think this will affect previous owners and investors that their primary investing strategy is helping previous owner collect the excess ...
My parents have themselves in a real hard place with their rental property (an inherited property in rural MO). The tenant was in the property for 9 years, so they are aware that most things will be their responsibil...
If a realtor lists a house for 200K, is this amount based on the ARV, or after the mortgage is paid off?If the realtor sells the house for 180K, and the owner still owed 70K, then there would still be 110K remaining....
Hello,I would like to know if there are solutions to this problem:Despite the thermostat being set to 68-70 degrees, the tenants will plug in electric space heaters and drive up the electric costs.This is a 4 unit bui...
my tenant of two years received a $70 monthly rent credit in exchange of maintaining the front and back yard. This agreement was written into the lease. The front yard was maintained but the back yard was over grown ...
Thanks in advance for the advice.
There's a home that is close to my primary residence in Wisconsin where Wells Fargo has foreclosed on the first lien. The sheriff's sale has been delayed over the past 6 months and l...
Hello All,
I recently looked at a short sale single family and thought the circumstances warrant discussion.
The home owner hired both a realtor and a negotiator, the rub is that the buyer has to pay the costs of ...
Hey Y'all. I am @KountryNotary. I am making the transition from a Mobile Notary into Real Estate Investing. I have a great deal of experience with Real Estate Documents, strong knowledge of my local market in Southe...
I have a long term rental (SFR) which I converted to an Airbnb in October 2019. My property manager is acting as the host and we have already had multiple bookings.
Questions:
1. Is the Airbnb considered "Active" ...