Hi BP! I'm new to the real estate industry and the seller financing option is attractive because I see the option to purchase an investment property with a downpayment smaller than 20%. Lack of capital is my largest b...

I am reviewing a property management agreement and came across this clause RE: Indemnification that seems too broad:INDEMNIFICATION:(a) The Owner shall indemnify, defend and save Agent harmless from all suits and/...

We are getting cloer and closer to our goal of 10, 10, 10 monthly, 10 buys, 10 rehabs, 10 sells. As we get closer we are trying to streamline and standardize everything we can.
I have put together a excel sheet that...

BP Community,I’m negotiating the “rider” (annex to the contract) to include in the contract, with my attorney. In the lawyer’s draft, the relevant clause required the seller to vacate the property and “broom clean.” I...

My private lender wants equity in a proposed upcoming flip project. What is the industry percentage standard if we were to work out an equity deal when the property is sold?

Are the HUD requirements for a property the same nationwide or different for specific certain areas?I have a list of items my PM is recommending to meet the section 8 standards, I want to make sure all of them are nec...

Hi BPers,Since the standard deduction is so high now at 24k for married couples, its looking like it makes more sense to do that than itemize. If I could deduct the full 25k in passive losses, that would be a differen...

I am searching for a copy of the 2018 copy of Chicago's standard lease.  Can someone help me out? 

We have an attractive property where we plan to fund 50 percent of the investment, and are looking to work with a private lender on the remaining 50 percent. It is A flip property 50kPurchase Repairs - soft costs 50...

Hi all,

I've been trying to do my research into commercial lending terms. Based on all the threads on LLC vs operating in my own name I have decided it is probably best to operate under an LLC. Since as an LLC I cann...