Greetings to the BP Community,I am more than grateful to have stumbled upon this site which I have found to be an educational gem in a market that is so oversaturated with unhelpful tidbits that only exist to lure you...
Hello, I’m wondering if anyone is building new apartment buildings these days? I understand that if you buy an older one, forcing appreciation is a way to make a lot of money. I want to build my own. I’m curious if th...
Hello,
Seeking some advice on a nuanced situation. My uncles have an LLC with 5 SFH rentals and split 50/50. On home 6 I joined the mix and we all have 1/3 stake in home 6. In reality, we track and split all cash flo...
I'm interested in your experience if you have purchased an existing STR that has numerous 5 star reviews, super host status, and higher rates and occupancy than other houses in the neighborhood? I don't feel like I ca...
When evaluating a property with existing tenants, what are the questions you need to ask?I've been told by the listing agent these tenants are there month-to-month. Not sure how long, cumulatively, they've been at the...
Hi there,I came across a section on appurtenances in my RE course and wanted to explore a hypothetical. First, here's an example of subsurface rights as an appurtenance (from the course):ExampleAn oil company buys the...
Hello Everyone,I recently evicted a tenant that regularly let pet dog poop inside the apartment EVERYWHERE. When we were clearing out her apartment in front of the sheriff, there was literally dried dog poop every foo...
Hey guys,I'm looking for some guidance on how to know what the implications of a refinance are for a Limited Partner in a multifamily (or other) syndication offering. If it's not explicitly stated in the PPM, is the e...
It's been a nightmare trying to locate 100%, property funding. I have had several offers but then they turn into Demands, or asking me for money upfront. Am I asking the wrong thing? How can I quickly weed these out &...
Recently I have been purchasing a lot of land & turning them into payments for deed with pretty good success. Many of the clients that I buy land from have the mineral rights but I am having a hard time figuring o...