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I live in West Texas and I'm looking to purchase my first cash flowing multifamily property in Midland/Ector county within the next few months. I have identified and I'm working on putting a contract on an 80 unit pro...
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Anyone have any experience with renting out a top/bottom duplex to 2 different tenants?I'm looking for some help with the following questions to put into an agreement:How to deal with excess noise from either tenant w...
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I've learned the individual who sold me a 4-plex on owner carry a few years passed away a month ago. The promissory note will transfer to his only child and he wasn't married. He was a fine, personable older fellow bu...
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Hey guys,I saw few houses in Florida that are for sale but it says that this house wont qualify for financing because it was old, or something like that.Does it mean that houses in Florida not so durable? Thank you
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Hey BP Family!I hope everyone is preparing themselves for the future and ready to make the best of it. This question has been on my mind a lot recently and I thought I'd share. Can someone break down the benefits of s...
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Hey there Team BP! After months of following along the BP threads and webinars, it's time to make things happen. Can't thank the community enough for helping me to this point. Been analyzing some multi-family homes in...
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Hi everyone my wife and I just bought our first home in South Philly. The home is 13’ wide and 36’ long. It’s very tiny. But in a great location. The house actually was added to in the back near the kitchen about 6’ a...
Hi Everyone,I felt extremely frustrated recently as a relatively new landlord. I had unbelievably bad luck to meet two very bad tenant families in a row in 3.5 years as a new landlord. Because of my first tenants allo...
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I'm at my 4plex and a non resident walks past me, pulls out some keys and opens the main entrance and then into an apartment.
I was dumbfounded.
I hesitated to do anything right away... The tenant is brand new on a on...
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The title agency is asking for my operating agreement for my multi-member llc to check if I have signing authority. I have been educating myself on the OA for a few weeks and was going to take my time to draft an O...