Angela Smith
Under contract for our first property!
My husband and I are going to be landlords! We've chatted about this over the years, but over the last year we resolved to either make a purchase or give up the dream.We made an offer on our first property yesterday ...
Clayton Morgan
What's a fair percent of ownership to bring on partners?
Good morning BP colleagues,I have worked for a number of years to be in a position to build my first new mixed-use development. It is located on a very desirable corner in Draper, Utah. It took me almost four years ...
Ian Morales
Building a team
Hi BP !
What would you consider be the first member of your core 4 you interview?
- A lender that can connect you with a potential rock star agent or other core 4 members.
- An agent that will potentially have ...
Reed Goossens
Questions You Should Ask Your Broker When Buying U.S. Real Estate
I moved to the U.S. back in 2012; you could classify me as an ‘international investor’ buying U.S. real estate, even though I reside here. Over this period I have dealt with a lot of brokers and agents. I have develop...
Account Closed
Why is building capital more important than cashflow?
I was listening to podcast #17 and at point 25:00 minutes, Brandon Turner and Jeff Brown were agreeing that cashflow wasn't the most important thing to focus on when you're young, but building your capital. The bigg...
David Ivy
City of Austin vs. "Predatory" Flippers/Wholesalers
The City of Austin recently passed a resolution to "educate homeowners who could get taken advantage of by low offers, with the promise of quick turnarounds."According to this story from KXAN, "The resolution will pro...
Account Closed
Philly 2-4 units
I am planning a day trip to Philadelphia to look at 2-4 unit investment properties in B-C class areas. Of course, would like to know where the numbers are positive on a cash flow basis. I'm not looking to strike it ...
Shafi Noss
Bulding a Team, Property Managers
Hi everyone,
I'm wondering what process you use to vet managers in the multifamily space when moving into a new market. Is it much different from SF or small-multifamily management? Any other dynamics I should be aw...
Jeremy Porter
A Comprehensive Guide to Tenant Screening: A Property Manager's Perspective
As a property manager, one of the crucial and multifaceted responsibilities is ensuring that landlords have reliable tenants who will treat their property with respect, maintain it in good condition, and pay rent cons...
Brad E.
Minimum standard for credit score
What are folks using as their minimum required credit score on rentals?
I’ve got mine set at 650 but not sure if that’s too high for a c+ / b- neighborhood. Thanks