I'm a recent retiree from the Navy and have one rental property that has done very well for me. I am looking to expand my rental portfolio over the next ten years in order to generate enough cash flow to be able to s...
Hi BP Community! After 10+ years of owning, managing, & consulting businesses in Iowa & Texas, I moved to Denver and have given my full time attention to REI. I've been educating the shit out of myself with ...
Hello BP!I recently bid on an online auction property and finished as the highest bidder. I increased my EMD to 10% of the price within 24 hours. I’ve then signed the contract. Unfortunately, the property didn’t appra...
I am purchasing a short sale property/small house. We are closing in 10 days but apparently owner didn't get notified that they have to be out soon. They are asking if they can stay for 2 weeks after close and pay me ...
I have people that would like to invest in my rental business, a first for me. We are negotiating an annual percent of return. Right now I am offering a monthly payment for return, focusing totally on cashflow.
The...
I need a document to secure a loan I made to a property owner, granting me a security interest in the property and establishing the terms of the agreement. I don't want to trigger transfer tax with a deed or mortgage,...
Hello,I'm working on purchasing a commercial property, and I have a concern about the seller's situation.Suppose Person 'B' (for buyer) is working with 'S' (seller) to purchase a commercial property 'P1'.They agree on...
Hi all, first post on BP here!I've scoured the forums and haven't quite found an answer to a question that recently came up...I'll be partnering on my first deals and I would bring the work (finding deal, getting tran...
I am looking into a possible syndication deal and I was wondering if anyone has any experience with Section 25102(f) of the California Securities Code, sometimes called the “friends and family” offering? From what I u...
Court Strikes Down Eviction Ban
U.S. District Court Judge Dabney L. Friedrich of the District of Columbia struck down a nationwide eviction moratorium Wednesday, calling it unlawful. Friedrich's ruling applies nation...