When it comes to managing tenants, the dynamics can sometimes be complex, especially when you're living with friends. In Colorado Springs, I have house hacked several homes with over 20 different tenants/friends. Navi...
Anyone here can tell me what are some common challenges one may face when starting a house hacking or coliving property, and how can they be overcome? Thank you!
I'm a bit confused on how a short term loan for a fix and flip works as far as the payments go. For example if there was a 100k loan with 9% interest, what type of terms do companies typically offer. I'm wondering h...
This is our last Tuesday Tip before BPCON2022, which we are so excited for! This week we wanted to visit an area of common concern for clients who use third-party payment processors like Venmo. After the American Resc...
Hi everyone,
I'm new to this. I'm helping my father expand his RE portfolio. He's obviously more experienced since he already owns one CRE property.
I have some questions.
He wants to stick to Bank Financing over ...
Why wouldn't they(buyers) rent and after they fix their credit they buy an house without a lease option?
Just wondering what parameters are standards in lending and loan calculation.Is one year classed as 12 months or 52 weeks or 365 days, or is there an allowance for leap years by using 365 1/4 days.Simple interest or c...
What are some creative ways to get Additional Other Income from a high end multi family building? I may be running an 80+ unit in the near future.Laundry is included in each unit. Ways that we already implement are st...
How do you manage security deposits for a non owner occupied apartment rented out by the room? If there is damage to shared space ie: kitchen and bath, do all tenants become responsible or must the landlord cover this...
Hi BP,I was trying to determine ownership of a property. The DOT and the LLC address pointed to a brokerage firm (and one of their brokers signed the loan). I called the person who signed the DOT at the brokerage and ...