When it comes to the real estate business, one document is crucial: the operating agreement. It's the plan that describes each partner's roles, responsibilities, and remuneration structure. A detailed operating agreem...

Hello BP,I am looking at buying a home that is free and clear and the seller is willing to do owner (or seller) financing. I've come up with a couple of solutions for her, but what I'm worried is the following:- Are t...

Hi, I'm a college student who is trying to develop a very detailed and comprehensive financial model to analyze buy and hold rental real estate investments in about a year when I have my first job.  I know I need to i...

What should I look for in a roofer other than the standard contractor “licensed, bonded, insured”? What’s a reasonable price for Seattle or other HCOL markets? I have 4 layers of roof. Over read J Scott’s estimating r...

Hi all,

I've gotten to the end of my rope with my current PM and am looking for a different company. The town is a smaller college town so there's not a huge selection. I only have one house in this town, but it's in...

Does anyone have tips for finding tenants for class C and/or Section 8 rentals?Background: I bought two houses last year in a Class C- neighborhood and quickly rented them out.  One to a Section 8 (50% rent covered, h...

All:I'm trying to decide find the right CPA firm?  I'm a newbie, about to buy a MFH (which I already have an attorney for) but would like to set-up a legal entity, do my tax returns, and build a long-term relationship...

Curious how people model future property values for multi-family investments. Seems that there are two approaches.
1. Based on Appreciation
2. Based on Rental Income

I generally struggle with Cap Rates and w...

So I am trying to rent out my first sfh. I showed it today to a gentleman who stated he is a disabled veteran and has a service dog. I stated, pets are allowed. However there would be an additional fee of $25 per mon...

Hey all,First post here.  I own a 2 flat (3 units)with basement unit on the west side of Chicago.  It's a greystone in decent shape.  I live on the top floor and rent the bottom 2 units.  There is an enclosed rear por...