David H.
Indemnity in a Buyer’s agreement
Hello,
I have a question about an indemnification clause in a buyer’s agreement. A friend of mine recently got under contract and his agent wants him to sign a buyer’s agreement. He is ok with the exclusivity portion...
Mike Abramowitz
Wholesaler Negotiations?
When working with a wholesaler is negotiating as common as it would be as buying a house on the MLS?
Jordan Santiago
Refinancing During Apartment Syndication
Hey BP,So for anyone that has successfully syndicated large multi family, does anyone refinance, get their investors capital back, and then change the equity ownership percentages? Say it was originally 30% GP, 70% LP...
Aparna Jain
1031 exchange question
My client sold a commercial property from an llc in which he is the sole owner and has parked it into a 1031 exchange. He is looking to purchase under a new llc which has him and a partner from another property on it....
Cesar Campana
Managing investors funds
I would like to know your advice when managing investors money when they fund your multi family property for rental.A clear example, I want to buy this 829k property with 8 apartments: https://www.trulia.com/p/fl/melb...
Josh Oaten
Are HOA's An Expense Issue?
I am looking to start my REI journey around Phoenix, Arizona. When researching single family homes around the $250K-$300K price range in places such as Gilbert, Goodyear, Tempe, Litchfield Park I am finding that most ...
Grant Fjetland
Indemnity Clause in Property Management Contracts
Hello BP Community,I have been vetting some property management companies (Manager). When looking at contracts, I am seeing a theme of indemnity clauses. The Owner would be on the hook for the negligence of the Mana...
Frank Lin
San Antonio Foundation issues and repair
Anyone with foundation issues after the foundation have been repaired? Seems like San Antonio is notorious for foundation issues. Just wondering if it's possible to repair foundation issues after it has already been r...
Paul Ellis
Does HOA allow home to be a rental?
Hi all! I'm a bit confused by my HOA's CCR's, trying to clear up if they allow for me to convert my home into a rental when i move out, looking over the CCR's i see two statements saying different things."Residential ...
Jose A. burgos
New to Texas, barely got 20%
Hi all,Finally making the move onto rental properties. Although technically I’ve already sold a property (my home back in MA) I never thought about it as an investment, to me it was just selling a home. Seeing how wel...