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Hello BP members, My wife and I just purchased our first investment property. Both of us have 9-5 jobs. Here are my questions1. Shall we hire a management company to manage our property to free us some time to learn a...
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I have someone who will walk me through two multi-fam deals, that I think I would like to keep and start the monthly $ coming in. He said we he would split it with me 50/50. What does that look like? Are we talking ju...
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Hello BP,I have a friend who is interested in doing rental investment with me, they are interested in providing the cash and I will handle all the work. How do people usually handle this type of partnership? How do yo...
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Hey BP Fam! I've posted a few times on here over the last 2-3 years, and thought I would contribute to show my love. BP influenced me to get out of the rat race, and into something I was passionate about. Below is a b...
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Hello,
I am working on a partnership with 2 other partners. I will be doing all the legwork and my partners are responsible for the funding.
This is how the profits will be split: Myself 50% Partner 1: 25% partner 2...
Yesterday my landlord client reached out regarding one of her tenants refusing to pay her share of the DWP bill, which is meant to be divided equally among all the units. The lease agreement explicitly states that eac...
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Hey BP community! I'm curious for those groups who raise money for other deals (syndications or funds) what do you look for in the operators you partner with and what role do you typically play in that partnership? Do...
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Hello BiggerPockets Family,Whether you are a smaller (or larger) property management company, a self-managing multifamily developer, or a sponsor/syndicator - Property Accounting can oftentimes become a significant co...
Hi/is it ok & legal if landlord asked the Property Managers to sign the rental lease on his behalf?
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Hi, I currently have 2 rental properties with about $140,000 in equity and they cashflow a little over $550/month. My friend approached me about investing in rental properties together. I thought about doing a cash ou...