Camden Smith
Must my investors be accredited investors?
I want to syndicate a deal that will be around $600,000 (2 duplexes). Must my investors be accredited investors? What are the rules regarding this.I plan to pool the money with a few friends of mine. Can we do this wi...
Culin Tate
Depreciation for Part-Timers
Hi Gang:So I was just listening to Episode 290: 7 paths to Financial Freedom and around strategy 5 or 6 the host(s) mentioned buying 1 house per year for 15 years. One of the stated benefits was taking the depreciatio...
Justin H.
New York SONYMA loan?
Hey Folks.
I'm 25 years old. Looking to buy my first property.
Right now I need a place to live, so I'm looking into the New York Sonyma loan (google it, the forum won't let me post hyperlinks yet).
Anyways. I wa...
Bienes Raices
What does this lease clause mean?
I bought this lease from a lawyer years ago. I'm going to try to contact the lawyer but I wondered if anyone was familiar with this statement. I'm guessing it only applies if you have a PM managing the property, altho...
Jonathan Smith
Recommended Books for Investing and Managing Mobile Home Parks
I have an opportunity to purchase a Mobile Home Park but I am not sure what to offer and neither does the current owner. The Mobile Home Park was left to the owner by her mother and the current owner has decided that ...
Joel Patterson
Customary Deposit with Offer - RealPro @ 10% seems high
I was intending on making an offer on a 4plex with a sale price of 175,000The company that is selling the property is RealPro in Fort Lauderdale.They are asking for a 10% deposit with offer - is that a normal amount? ...
Chris Salerno
Writing a book and I want your thoughts
Happy Monday BP. I am currently writing a Multi-Family book on investing. I always like to hear from everyone. If you are just starting out. What would you want in a Multi-Family book? Looking forward to hearing your ...
Michael Myers
What are your company policies that are "written in blood"?
Hey everyone, I'm wondering what your Buy & Hold, BRRRR, and Flipping company policies are. Do you have specific ones that you've had to learn the hard way, aka that are "written in blood"? In Jay's Book on Negoti...
Jon Loca
Co-signer or GUARANTOR Documents
I have a renter that needs to have a co-signer or guarantor. Does anyone know what paper work the co-signer or guarantor needs to fill out after I completed a background check on them? Do I have them sign the lease? o...
Ryan Beasley
Need clarification
I was reading a post here on BP and this guy was talking about how he bought a unit for around $20,000 all cash, no finance.
I know there are different styles of apartment buildings. I don't know the name of it cause...