Adam Craig
I am not a turn key investor but help me sell a house turn key.
Late in 2018 I found someone on BP that has "their own money" and is now my hard money lender so I no longer have to used institutional hard money with so many rules/restrictions. With this guy we agreed on 10% rate, ...
Stephen T.
Screening tenant with hourly income
Hi
I talked to a potential applicant whose husband is paid hourly.
What documentation would you ask for from a potential renter who is paid hourly? (eg 1 month of recent paystubs, longer?) Or would you...
Andy Kurtz
Partnership structure where one side has all the money
Greetings to all.
I'd like to partner up with a GC on the BRRR method of investing. I have about $200k liquid ready to invest, but can't spell hammer, let alone swing one. My GC, whom I have been friends with most o...
David Denney
Need advice. 3 way LLC / partnership set up
Need some advice on the best way to structure this deal that's fair and beneficial for a 3 person LLC/partnership agreement. My father and I have formed an LLC with another friend to start buying some rentals. We fou...
Larry T.
what you have learned to include in your lease
Hi,
I would like to get everyone's thoughts if you care to share them about what experience has taught you to include in your lease. I mean beyond the standard lease that I am sure is similar in most cases for a smal...
Eric Griemsmann
Helping with Demos?
Just wanted to get some opinions on picking up the hammer and helping out. Some people say to run a successful rehab business, never pick up the hammer. Others say help out. So, what are your opinions on this? Thanks ...
Kelly S.
Excessive Repairs for damage caused by tenant
Hi BP community!We have been landlords for many years, with multiple properties. We haven't had this issue before and we aren't sure how to handle it. Any advice would be helpful and appreciated!We have new tenant who...
Jordan Bentz
Investor worker profit split
I am wondering what a good profit split would be for one individual being the investor and the other individual doing all of the manual work. The investor will pay for 100% of the house and renovations for the house t...
Mica Moore
Property Management Company choose expensive vendor without approval
House was my primary but I moved out of area for a job offer. Turned it into a rental property & bought a new primary in new city. Hired a PM, who hired & arranged for a move- out cleaner. I get the bill a mon...
Sandy Keller
Property Manager Rates
I would really like to buy my first duplex sometime this year. (I am still learning and analyzing so nothing in the works at this time) However, when it comes to property managers, what is the going rate I should ex...