Jason Patterson
Seller just wants to finance.
Ok about to make a offer on a very clean rental house that has been rented for 25 years by same renters. Owner doesn't want to sell out right because they don't want to show a big capital gain. They are interested in ...
Mike A.
Switching from Cozy to Tenant Cloud?
I have three buildings going online, with a total of 40+ additional units across all three added to my current portfolio. I am thinking Tenant Cloud would be better suited than Cozy. Buildium and Appfolio is just too...
Cecilia Constantine
Use property management company just for repairs?
Hi BP, newbie here reaching out for some seasoned advice,
TL;DR, The numbers: Rehab finances fell through on house-hacked multifamily and previous 10 year tenant has left the unit needing tons of TLC. Unit is vacant ...
John Corum
Master lease agreement with option
Okay, if I do a Master lease agreement with option, I should get an equitable deed correct? If so, does this give me rights to refinance after lease is up or just rights to wholesale the option for the purchase price?...
Justin Thorpe
Defeated in round 1 of Covid-19
June is over and it seems to me that in the battle royals between the United States and Covid-19, the latter has prevailed in this first round. To me this phase and especially the last 3 weeks were critical. Coming o...
Don Draper
Is it faster to improve your personal credit score or your LLcs.
I was hoping to get some insight on improving credit scores. I was under the impression that a bank or lending institution would pull a LLCs. members personal credit if that member controlled more than 25% of the enti...
Account Closed
Architect fees in the Los Angeles areas
Hello all,i'm looking for an architect for a 2 homes project in the Malibu area.The plan is to build 2 nice different modern homes on 2 lots side by side.I know architect fees range in the 10% area, however, given the...
Tomeka Wray
1st Short Sale
Hi BP Colleagues!!!I am analyzing a lead that I want to make my first offer on. It is a short sale, however I am not willing to pay what the seller is asking. In order for my numbers to work, I need to offer 40% less ...
Maxy Million
NNN Gas station property
Hi BP family,I have an opportunity to acquire a property which has 20 yrs ABSOLUTE NNN LEASE to Gas station/C-store. Never own anything like this before. Pros-Cons. Any advise/recommendations you can have, throw at me.
Kathryn Schauer
Credit for Missing Refrigerator
Due to miscommunication between myself and my PM, my rental was advertised to include a refrigerator when it did not. The new tenants expected a refrigerator and had to wait while I got one in there. How would I calc...