Jordan Meyer
How to divide the ownership in a syndication
How would you divide ownership in a deal like this? It's a small multifamily property.Investor #1: brings in half of the cash, finds the deal, manages the rehab, manages the property manager, does all other admin.Inve...
Hunter Hopcroft
Transitioning Properties from Family Ownership to an Entity
We own two properties and (adjoined) two lots in a reasonably strong rental market outside of DC. We would like to sell the properties to new buyers but retain management of them (both are leased but due for rent incr...
Landon Clipp
How to handle tenant damage from previous ownership?
I recently acquired a property that has a group of tenants who have been living there for about 3 years. I went to the property today to do various things and one of the tenants told me that about a year ago, their up...
Justin T.
Individual Property Ownership and Rented out by LLC
Hi and thanks in advance for what I know is likely a very common question. I'm just starting out and doing some planning. My day job is running an M&A program for a mid size software company so while I know my wa...
Derek Sperzel
underwriter requested "proof" of free & clear ownership ???
So we're trying to complete a cash-out refi on a rental we bought and rehabbed last year (BRRRR), and everything was going well until today. I got an email from the Broker, and the underwriter is asking for documenta...
Sam Leon
HOA restricts rental during first year of ownership
This is fairly common where HOA does not allow renting a condo during the first year of ownership.I usually just move on.However there is a property with such a restriction, but the current owner has been there a whil...
Rahat Rockowitz
Tool that Shows Chain of Ownership and Sales?
Hello -
Does anyone know of a tool that shows chain of ownership and sales for Commercial properties?
Thanks!
Kenneth Edwards
New to Duplex ownership in Fort Riley, KS
Greetings BP!Really excited to find out about this community and try to learn as much as I can about generating passive income. So about me:Active Duty Soldier, moving to Ft. Riley, KS area. Will be there for at least...
Sung Yu
To hold or sell (4-plex) 1.5yr ownership
Hello BP family, I currently own a fourplex in Lacey, Washington and I am looking for advice on whether to hold or sell. Here's a breakdown that may help paint the picture, thanks in advance! Short term goals: Accumul...
Matthew Lindsey
Verbal Month-to-Month Lease and New Ownership
Hi,
Im getting close to closing on my 1st multifamily property and I'm in need of advice and opinions. A little background on the property: The property is 2 brick ranch duplexes on crawl spaces and on one piece of p...