Dustin Horner
Hiring FT or PT
Hello everyone,This is a few years off for me, but I was wondering when someone would decide that hiring a FT employee to manage a property (and potentially FT maintenance) would make sense? For example, if a person o...
Hogan Underhill
Tenant late payments
When should I start considering evicting my tenants based on late payment days? How many days in of no payment would you all recommend
Jorge Abreu
Closing the Deal - 📃The Checklist: A Roadmap to Success
Closing a deal can be a real rollercoaster ride! So many tasks, so much stress, and complications galore. But fear not, there’s a way to power through - the almighty checklist! It's like having a personal assistant wh...
Bernard Chouinard
Troubles with refinancing out of private money loans
Hello, I'm at a loss and hoping somebody on here could possibly help in relation to refinancing multi units out of private money, short-term loans, or short term seller finance into longer term notes and to pull equit...
Rick Bassett
Fun with squatters & freezing burst pipes over Christmas Weekend
We had several days of single-degree temperatures here in Connecticut this past week, and a squatter broke into the basement of an 8-unit apartment building that we manage. The squatter(s) found a point of obscured v...
Thomas Jaskulski
How far out to set the closing date on a wholesale contract?
I'm new to REI and I haven't done a single deal yet, but I have been confiding in a good friend that has been doing BRRRR's for a few years now. My starting strategy is to do a few fix & flips to build some cash r...
Briar Blake
Property Managers Violated Contract
My contract with my property managers requires my approval for any expense over $500. For the second time, an expense for well over $500 has been payed without my consent. It was in response to a potential emergency s...
Don Konipol
Why Most Partnerships Don’t Work, and the Few that Do
Most partnerships DON’T work because the partners go into the partnership for the WRONG reasons. Partnering between two people both with no or limited experience; both with no or limited capital, or because they’re “...
Maxwell Fontaine
BRRRR strat. Private lending partner
Hello BPers,I am looking to 2 deals, I am analyzing in the 24501 24504 areas. I am going to start out a BRRRR strategy.I actually am looking to take a fully stripped house and turning it into a duplex, the second prop...
Account Closed
Business Plan for investing in Multifamily / apartments buildings
Hi, Can anyone direct me to where I may find a business plan sample or template for investing in multifamily units and apartment buildings? Thanks,Phil