Edlira Clevenger
Buying the first property
Hi everyone. We are looking to buy our first investment property in Orlando. We looked at a single family home which is currently rented to students since the house it’s near UCF. ROI is 15%. Now we have a family mem...
Sam Adcock
Best Alternatives for Rent Payments
I am in the process of closing on the purchase of an 8-Unit apartment complex in Florida. Each unit has four bedrooms and four bathrooms. The property is within 1 mile of a major public University. Each of the bedr...
David Jensen
Please Help With My First Deal: Vacation Rental in Palm Desert
Hello BP!I've very new to BP, but have lurked and engaged a couple times over the past weeks. I was hoping for some problem solving ideas and honest opinions on my potential First deal (My Parents' out-of-state vacat...
Lloyd Hulse
Paying Bird Dogs in New Jersey
I want to start using "bird dogs" for my business in New Jersey and understand that there can be a gray area in regards to paying them. Can anyone help suggest some ways that I can pay them in New Jersey that will kee...
Lynette Gryniak
Gifted down payment for FHA issue?
Happening right now....My fiancé got approved by a lender. I gifted him the money to use for the down payment. Well it’s an FHA loan so they asked me to show them bank statements which I did. I had a $13,000 check dep...
Amy Brossette
Mouse eats Christmas Presents. Am I liable ?
Am I liable for damages of a little mouse? Is it my job to set out mouse traps?
Dave Schimmels
Partnership investment percentage
Question: If I asked a family member for a $25K down payment on a $100k purchase and offered a 15% on his investment, but were to hold the property for 3-5 years. Would you compound the 15% yoy? I think obviously the...
Roy Mitle
lease agreement
How does one get a copy of the lease agreement you get signed with the renters. Something which is skewed towards landlords while still being legal. My realtor gave me a typical landloard from form california realtors...
Ashley Roush
Tenant complaining about dog barking
A tenant that has lived in one of my units for a year now and works from home (and has just renewed their lease for another year) is complaining about a dog barking, who is owned by a tenant that just moved in two day...
Account Closed
S Corp - Are we doing this right?
Hi BP Community,Can you provide some guidance on the best way to purchase a rental property given the below scenario? Thanks!4 Partners planning to purchase rental property using conventional financing. Our lender has...