Michael G.
Am I the only wholesaler whos run into "The buyer agrees not to sell the property within 90 days of closing of this sale†clause on a short sale?
Am I by myself on this issue wholesalers? Better yet has anyone investor's, attorneys, ex-loss itigation people ever seen a bank go after someone for violatiing this clause?
Samuel Gutierrez
Analyzing a Shopping Center in El Paso, TX. Need Help w/ Cap Rate
Hello BP Fam! Looking for some guidance...I currently own an 8 unit MF that I will be targeting for cash out refi after the 1 year seasoning is complete, which is about 4 months away. I anticipate pulling out a substa...
Robert Rixer
The Long Term of Multifamily
I want to get the BP community's take: Where do you see multifamily being in 20-30 years time?Many of us on this sub-section have either gone into or fallen into multifamily investing exclusively so I believe it's wor...
Jeffrey Zhang
how to change tenants to bring rent to market price
Hi, I'm wondering how to change tenants to bring rent to market price. it's impossible to increase the rent for current tenants since there is rent control in place, the increase cannot exceed 5% annually. The curren...
Kimmy G.
Bought an apartment building in Opportunity Zone
Hi everyone,
My friend and I bought an apartment building in 2018, and it turned out to be located in an opportunity zone. Are we qualified for the tax benefits for Opportunity Zone, for example the step-up in basis ...
Heath Reid
How do you convince current tenants to leave a duplex?
I’m a new investor and plan to get into a duplex for a house-hack, and was just wondering what to do if I come across a deal with two rented units, thanks!
David Dominguez
Rookie investing question.
I have good credit and pretty confident I could get financed if I tried. My question is. Is it wise or too risky to invest in my first property with depleted bank funds?
Victor Quan
I landed my HELOC!
I'm a full time investor so I had my hardship running around trying to get a bank to take a chance on me. Lo and behold though, today I was able to sign the final documents for my first substantial HELOC. Banner Ban...
Regina Sloan
permits needed for flip
Hello! Completing our SOW and want to ensure that we have everything we need to pull permits. I am told that the contractors working with me can pull them, but I plan to do so this time around. Can someone tell me det...
Naz Hossain
Liquidate damage clauses on GC contract
Hi BP! I am looking to sign a contract with my GC i will be working with for the first time on a BRRRR project. An area the GC and I are having trouble aligning is the liquidate damage clause where a delay in the fini...