Danny N.
Have 8 rental properties paid off, best way to borrow for more?
Hello, I have 3 properties that I've owned for 3 years and recently added a package of 5 that gave me 8 total. They're all paid off and the value is give or take $400-450k. The total rents generated will be $6300/mont...
Corey Smith
Valuing Apartments with No Income
Hello BP world,I’m preparing for a listing presentation on a 20 unit apartment complex down here in Houston, TX. I’ve heard extensive talk about many different situations in regards to managing, valuing and renovating...
Jalen DeVine
Letter of Intent to Purchase Template
What up BP -Does anyone have a good letter of intent template that they would be willing to share?Thanks
Urvashi Vasishtha
Q: How Will Elon Musk's Twitter Deal Affect Real Estate?
Last week was abuzz with news of Elon Musk's $44 Bn acquisition of Twitter. We know many realtors use Twitter to syndicate their deals and find prospective clients. Is the acquisition by Musk good or bad for the real ...
Mike Davidson
TAR Lease agreement vs. CJM 186253v.6
So the lease agreement that the realtors use seems better but it looks like I cannot use it because it has the following text on top of the form:"USE OF THIS FORM BY PERSONS WHO ARE NOT MEMBERS OF THE TEXAS ASSOCIATIO...
Luis Montanez
Looking for a Rent Adjustments Claws to included in my rental contract
Hello Fellow Landlords,
I am in the middle of renting my first house in the US and am in a rush to put my contract together for a prospective tenant.
Currently I am working with the "Strict Rental...
Erik Kubec
How to get EIN for SDIRA, issue 1099-misc for contractor?
Hello BP'ers,
This is a follow up post to an earlier related post:
http://www.biggerpockets.com/forums/51/topics/81186-1099-on-self-directed-ira-for-a-contractor
How do I obtain an EIN for an SDIRA (not an LLC)?
M...
Alex T.
City Violations Resulting From Tenant Behavior (Massachusetts)
My rental property is located in a city with strict rules about trash pickup (Chelsea, MA). Trash needs to be in bins with lids closed or in orange trash bags purchased from the city. Residents are not allowed to just...
Ryan Sajdera
Commercial Real Estate Credits?
Can anyone shed some light onto the topic of credits when financing a commercial deal? I’m guessing this is similar to a concession on the residential side but I can’t find any info on it. I met a guy who said he used...
Steven Mason
USDA Loans Guide Lines Changing in June?
My sister is trying to purchase a home in Land O' Lakes, FL & a lender told her that she has to find a home by June 2nd & get it under contract because Land O' Lakes is no longer going to be eligible for USDA'...