Mark Solomon
Structuring a syndication from soup to nuts.
Hey BP community! I'm looking to start a family office and wanted to see if anyone knew how to structure a syndication for multifamily investing using my LLC in IL. Can I use it in Florida investing or do I need to op...
Daniel Paloscio
What Instruments Other than a Mortgage Can Secure a Hard Money Loan
Hey Guys,
I'm using a hard money lender that's requiring me to record a mortgage at closing. The mortgage tax on that isn't cheap. On the house i closed on yesterday it was over $800. Doing several of these per year ...
Jesse Santos
Prospect tenant wants to negotiate security deposit of 1.5
Hello all!I'm asking for 1.5 month's rent for security, which totals to $5,700. Prospect tenant says he counters with $4,000. He's signing a 2-year lease agreement and we already came down on the rent by $100 after ne...
Liliana Gala
Funding first flip
I’m curious to know how you funded your flip deals, especially the first flip (or first few) as you’re getting started??I found a single family home that I’m interested in as a flip. I have equity in my primary reside...
Chris Heeren
Keeping security deposit when tenant breaks a lease
I just had a tenant tell me today that they are breaking their 1 yr lease and will be out of the house this weekend. I'm thankful that I won't have an eviction but was wondering if anyone out there keeps the security...
David S.
AC unit stolen. At what point does a mini split make more sense?
Hey all, We closed on a property in Wichita on which we offered a two week lease back to sweeten the deal for the seller. They moved out a few days early and in that window of time somebody stole the AC unit, includin...
Sean H.
Issues with using Non-Accredited private investors
I am speaking with my attorney who is helping me setup the proper documentation for use with private investors. She is suggesting that I do not deal with non-accredited investors because if something should happen to...
Jay Libowitz
Gang activity outside 4-plex
I’ve owned a 4-plex near Dallas, TX, for 10 months now. Class D, but the tenants were friendly enough. Now there is one unit that is attracting all kinds of “activity” at all times of day behind the unit. The other th...
Jon S.
Tpa FL Tenants w/EU address : NOTICE OF INTENT TO IMPOSE CLAIM ON
Tenants' forwarding address is in Europe. Since certified mail is not available, does it make sense to just send the NOTICE OF INTENTION TO IMPOSE CLAIM ON SECURITY DEPOSIT via email?CERTIFIED MAIL is not available to...
Shawn Wade
Early Termination & Security Deposit
Hi, my tenant just broke her lease and moved out a few days ago. The place was left in good condition, clean. Only one thing missing, which I’ll need to see how much it will take to replace.Beyond that, she did choose...