Matt Lingo
Minneapolis STR Permits
Hi BP Members,I have recently come across a couple of properties in Minneapolis that are in a great location for STR's. However, Minneapolis only allows 1 STR per person (at least that is my understanding). I do not w...
Julie George
New clause in 2023 Chicago lease
Hi all - I've been using the standard Chicago Realtors Association lease for years and noticed they added a new section in 2023 to the bottom of the first page that now says you need to be a member of CAR or that the ...
Robert Blazer IV
Attorney and Title Help
I am just starting out and have yet to purchase any property, but I'm wondering how proactive I should be with my real estate attorney and title company. Does anyone recommend that I speak with an attorney before I st...
Caleb Chandler
Section 179
Good day,First, we already have our accountant researching this, and with the window closing, we were hoping to tap into the tremendous knowledge on this board.We are working on a project in which a developer is closi...
Lawrence Paul
New Applicant makes 2.5x rental income - Q's?
Hello again,Curious if this tenant seems reasonable to you:Rental on property is 1245/mo with tenant paying electric and gas.Tenant makes 18/hr with a 11 month old baby, who's mother will watch when she is at work.Hus...
Bryan Hancock
"Reasonable Steps" Parsed For The JOBs Act
I've been doing quite a bit of research on the new "reasonable steps" enumerated in the SEC page for the new JOBS Act. This page:
Eliminating the Prohibition on General Solicitation and General Advertising i...
Daniel A.
First Toe Into Real Estate
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Victoria.
Purchase price: $76,000
Being new to the real estate scene afforded confidence in my decision to buy this property. ...
Anna Cerda
Creating a Multi-family out of Containers
Does anyone here have any experience building homes out of containers? pros? Cons? Are they cheaper than traditional structures?
Dave Ketcham
Property Management Agreement language
I would appreciate some BP wisdom on this. We just bought our first property in Missouri and the PM agreement includes the following two sections that are troubling -- we haven't seen this language before. It se...
Account Closed
Advice on structuring/financing JV
This is my first substantive post, so please be easy on me. :) I want to first be preemptive and make the proclamation that I am not well-versed on partnership structures and creative financing. This is my firs...