David Clay
Should I sue or not?
I am not sure this is the right forum, but I posted here b/c of the type of deal that I have a question about. I am considering whether or not to sue someone who has agreed to do owner financing on a six unit apartmen...
Ryan Weimer
Lender backed out after closing docs signed
Was supposed to close on a 4 plex Friday 3/20. Final closing docs were late getting out to me but were signed on 3/19 evening and shipped the next morning. Disbursement date on the docs was 3/20. The docs did not a...
Matt Heath
Increasing Rent
Hello Everyone,I currently own a fourplex and am living in one of the units. The average market rent for a unit is $600. My units are being rented out for $525, $525, and $510 respectively. The tenants have been resid...
Brandon Schlichter
So, I want 100-200 SFD & 2-4 unit rentals. What's the issue?
So, for the past 3 years or so I've been mentioning to a FEW established investors that I'd like to have at LEAST 100 SFD & 2-4 unit rentals before I consider buying an apartment complex, commercial, etc. The goa...
Account Closed
HOA not taking accountability for declining fence architectural change
I am a homeowner in Plainfield, IN. We recently built a home and were told that to build a fence, we had to submit an architectural change form to the HOA. We submitted a form via e-mail which is 1 of the 3 ways the...
Brad Penley
What is the best resource on how to validate short term rentals
I’m looking to Airbnb my primary house but I’m also looking to possibly buy the house across the street to Airbnb as well. I know how to valuate long term rentals that have the same rent each month, but how do you val...
Jorge Vazquez
Why Most People Think It’s Easy to Find Profitable Flips?
People assume that whatever information is readily available is common. This bias skews our perception of reality. If you watched a show about flipping houses and the flipper in each episode makes around $40,000 to $6...
Jennifer Jacobs
How do you protect yourself from sub-contractor lien?
Hi fellow BP members. We are looking to hire a contractor for our next flip we are working on. I've heard plenty of horror stories about home owners paying the general contractor and then the contractors not paying ...
Mike Miller
SYNDICATIONS FOR 1031 EXCHANGES/ CAPITAL GAINS
1. Can anyone recommend a solid syndication that accepts 1031 exchanges, preferably Multi Family?
2. If I have a property in a 1031 exchange and I am looking to sell it, I will be on the hook for capital gains and de...
Scott Lepore
building mid grade apartment complex
My mechanic is interested in scraping his shop and building an apartment complex. It is an 18,000 sf lot and already has sewer, water, gas, electric. Lets just assume for the case of this discussion that I know what...