Anna M Hinton
Seeking advice on investor payout structure or profit share
I have an investor who is willing to cover the down payment for a multifamily deal I have. After renovations and raising the rents the cash flow allows for the following profit share terms with the investor: 8% month...
Tim Crosby
Life Events Prompting a Change in Plans
So, my wife and I bought our first duplex back in December of 2018. Took a while to find a descent place at a fair price, but we did it. It's nothing special, but the maintenance is low and the numbers work. With both...
Mike Carr
Self Storage starting thoughts
How did you get started? What did your first deal look like? Knowing what you know now, what would you do first if you had to start all over from the beginning?
Brandon Concepcion
Great deal in sunshine state.
Hi BP community! I currently rent 3/1 with option to purchase for the past two years. The owner had personal issues arise and is in an extreme hurry to offload the property. We have an agreement that at any time we ha...
Jeff Lockshine
Eviction vs. Hold Over Section 8
I have a month to month Section 8 tenant who has not paid their portion of rent since the beginning of the year. On March 1, she was sent and confirmed receipt of a letter of non renewal and notice to vacate. I gave...
Connor Misch
Removing tenant after lease expires
If I have a signed lease that expires at the end of the month and clearly states the tenant needs to relinquish the property by then, and the tenant is still there days after the lease expiration, do I need to use the...
Brandon Won
starter on commercial real-estate needs advice
Hi,
I'm new to commercial real estate and have about 170k cash and a 780 credit score and no debt. My background is finance, but have some experience in residential property. Can anyone give me some direction where...
Jasmine Cotes
Advise on Hard Money Financing in Northern NJ
Hello,I will be investing in multi families in northern New Jersey and predominantly buying and holding. I will be doing my first few deals through hard money and plan on doing the BRRR strategy. I already have an FHA...
Account Closed
Bill 144, Real Rent Control
Hey BiggerPockets,I wanted to reach out and see what the communities thoughts were on Bill 144, Real Rent Control. If you are not familiar, I included an excerpt from Cherry Chan below.There are some really alarming c...
Kyle Jacobson
Buying out a Mortgage?
Hey, First time post, we are just getting started, have been listening, reading, and analyzing properties. We found one on Craigs list, it is backed up by a MLS listing. It is a Duplex, in fairly rough shape, would ne...