Jonathan Castillo
Operating agreement for partnership
Hi BP,
Can I get copy of an operating agreement as an example? I’m looking to invest with a friend of mine an we want to set things straight from the get go.
If there are examples on here already. Just direct me to ...
Ezra Nugroho
Seller cannot close because of lien, what now?
Hi BP.Tomorrow I was supposed to close on a property, which we are now not going to. During the title search, we discovered a sizable second lien that they didn't disclose. When we mentioned the fact, they acted surpr...
Yuxi Li
Renter screening for MTR
Hi all!
I’m looking to get started with renting out a house in SW Austin 4b2b fully furnished. My thought was to rent it as a mid term rental on Airbnb and vrbo etc because it’s in a desirable residential neighborhoo...
Lesley Resnick
Idea for a new mortgage type....would this even work?
My BP friends I hope you can help me with this idea. I have not seen any lenders doing this and I am wondering why?I would like a loan that adjust the principal every month and loaned me the difference between my cur...
Matt Cupp
Fair Private Money Terms
Purchase price is $83,400. Rehab is $8,600Total investment is $91,000.ARV is $115,000 - $120,000Would clear $111,000 - $116,000Profit between $20,000 - $25,000Turn time should be 90 days closed. I have 50% and borrowi...
Nellie Fitzgerald
Water remediation crew did more damage than the water
Recently we had a minor sewer backup, which soaked the carpet pad but didn't leave any standing water. We hired a pro water remediation company and asked them to remove dry wall, base boards, carpet, and drop fans, de...
Zach T
Putting house up for sale before 3 year commitment is finished
I bought my house when the $8k tax credit came around. My plan is to sell it and buy a double to rent out. I live in PA if that matters. I need to technically live there until October.
Would I be able hire a realtor ...
Sopheclese Von-laderhosen
new lease with clause binding me to pay all legal fees!?
Thank you in advance...
I am a NJ tenant having resided in my unit for 5 years with no written lease in place.
Landlord has raised rent and is asking me to sign a lease which contains the following clause...
...
Melissa Nichols
Using a HELOC for Down Payment on Investment Property
Hello,My husband and I bought a vacation home (2nd home) about a year ago and have been renting it out on Airbnb since January 2017. We bring in an approximate gross profit of $3k per month and a net profit of around ...
Pati Anderson
auction.com and due dilligence
I'm brand new to this stuff. Saw a house on auction.com that I really want if the price is right. I checked the county website and it shows all taxes have been paid. Is there a place I can check for liens I might...