Hi all, my partner and I currently own 3 properties, and are about to close on our 4th in a few months. We want to keep purchasing more properties, but have run out of the capital we need for down payments. Luckily we...
What type of entity would you recommend holding your properties in? LLC, partnership, other? I’ll be investing in single family homes and smaller multi family homes. This will be in Oklahoma. Thanks
For the BRRRR strategy to work effectively, it seems you need to get all your initial invested money (purchase and rehab cost) back in the re-fi. Which means that you still need to find a really great deal on the fron...
Hey BP members,Had a quick question for the PRO's - I am negotiating my first FSBO deal for a SFH and was wondering if I can use the Purchase & Sales Agreement from the association of realtors (TAR - Tennessee ass...
Hey Everyone, I am looking into my first 1031 exchange and have a few questions. I have a mobile home park under contract and the lender is requiring more money down than planned. So,I plan on selling 2-3 of our curr...
Hi BPers,My best friend got herself into a bit of a situation. I'm hoping someone can shed some light before she talks to an attorney who specializes in commercial real estate. My friend and a partner went into a 50/5...
I recently created an LLC for a rental property that I have been renting out to a long term tenant. Do I need to let the tenant know of the change? Do I need to have them sign a new lease or can I add a lease addendum...
Hey Guys !!! Less than a week to go on my short sale , Buyer seems to be backing out. He's out of pocket of at least 6 grand. 1000 deposit, appraisal,title work, lawyer fees and a huge extension fee the bank made us p...
Hi BP community,I have a tenant who has been quite non cooperative and I had to get a lawyers help in sending the tenant a notice for rent increase and draft a lease and upload to digital signature site for signatures...
Hey everyone,
I'm a property owner in the Portland metro area, and I've got a potential eviction on my hands. I'm reaching out to this community in hopes of getting some guidance and specific recommendations.
Here's...