When doing a cash out refi on a property where the cash out amount is more than the amount originally invested, how do you split the cash out amount between the investor(s) and GP? Would the investors get the full cas...
A relative of mine who lives out of state tried to help somebody get back on their feet by renting their house in El Paso out at a reduced rate in exchange for work being done to the home. Surprise surprise that agre...
What is a good rule of thumb for putting money in your pocket/ to RE invest etc vs leaving in account for maintenance etc? Say you gross $1500/month in rent and after all bills are paid every month you are left with $...
I recently purchased a property through a LLC with a HML. Had it rehabbed and a renter moving in this week! Any suggestions/strategies to use to refinance the property? This is my first buy and hold investment and fin...
hey everyone I recently purchased a 4 unit building in Indiana and one tenant moved out two days after I closed on the property. this individual has a one year lease and only stayed 4 months before leaving. i am fin...
Hey everyone! I am under contract for a NNN with a government entity in Houston TX. It has an 8.5% cap rate and they just signed a 5 year lease. I am having the oddest experience. The tenants have not held up their ...
Hey gang. I live In california so I really need to ask as anything goes in this state it seems. I’m currently trying to fill one of my rentals. I believe I have found a one of a kind tenant. Self proclaimed clean frea...
Hello BP community. I recently purchased my first rental property, located in Mesa, AZ, in an LLC. The deal was all cash and I'm looking for financing options at a reasonable rate. After all expenses, the property ...
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $2,000,000
Cash invested: $20,000
Sale price: $2,500,000
The property was a multi-family property with 15...
So I have a long term tenant who has been there since 10 years plus longer than I've had the property but complains that I haven't painted the place since she's been there but the lease is up and I am raising the rent...