Account Closed
NNN property management fee
What would BP members consider a reasonable management fee for a NNN property. Could be industrial or retail. Both properties have stable long term national tenants.
I own two properties with family members...
Arsh M.
Can I assign a purchase contract that isn't a cash offer?
For example, what If I work with a seller and want to purchase the $10,000,000 property with a commercial loan, and then assign that contract to a end buyer who also wants to purchase with a commercial loan. That's a ...
Anthony Taylor
Ready to start investing in real estate
What is the first thing we need to do to develop a plan for passive income? We want to think realistically and take baby steps if possible. We're reading books and listening to podcasts.
Lili Thompson
Taking Over As Majority Owner and Forming New HOA?
Hi all!I'm in the process of closing on 3 units of a 5 unit town home property. There was no past HOA as the previous owner held all 5 of the units. Now that there are multiple owners, there needs to be an HOA mainly ...
Pooja Maheshwari
Insurance dilemma with severe water damage in an Airbnb condo (affecting several unit
I'm writing to ask for help with an insurance situation. We own an Airbnb unit in a multi-story building in Honolulu. Recently, there was a water leak in our unit that affected several other units and some common area...
Michael Mcdonough
Legal issues with basement rental
I have renters who moved in 4 months ago. (They live in my basement apartment) they have broken many things in my contract and have now said they plan on leaving in a month. Our contract is a year long. They said if I...
Jenni G.
Fees, I understand but does this seem excessive to anyone else?
The required security deposit/move-in fee of $2795.00 breaks down as follows:Non-refundable administrative fee of $100.00--I get kind of like the $299 dealer doc fee a car dealership charges(Isn't that a part of busin...
Anders R.
Should I get a broker if I found an off-market property?
I've been meeting with a property owner who wants to sell and would like to do a cash deal. Based on a back of the napkin calculation of the possible selling price and monthly costs, etc, the property would cash-flow...
Agustin Rossi
Seller financing and realtors
Does seller financing works when there is a realtor involved helping the seller sell their home? Thanks!
Account Closed
Legal question about plumbing in a condo unit
I own a condo on the second floor of a three floor building. The unit above me is having a plumbing leak so I've seen a small amount of water come down through my exhaust fan into my bathroom a few times when she has ...