Henry Clark
Self Storage- LLC Operating Agreement
Along with creating an LLC entity and creating a "Certificate of Organization", you need to have an "Operating Agreement".Attached below is a redacted copy. Virtually anything can be written in to this agreement. Wh...
John Fakish
Kitchen added in basement, no permits
Hey All - Super n00b here.
We remodeled our basement and added a kitchen. There was plumbing and electrical that was added. There was also a washer and dryer added upstairs. We then added a wall to close off the wat...
Paul Ketchens
Wholesaling With Conventional Loans
Hi Bigger Pockets Family. Can someone be kind enough to explain the process of using a conventional loan to do a wholesale deal. Thanks Paul
Mark Kohn
Noob question: Ok to buy negative cash flow but build equity?
Hi all,
Looking to get into real estate investing and have a super basic question but I couldn't really find an answer so please bear with me!
I see lots of information around cash flow and the importance of cash fl...
Tyler Speelman
Residents found a house they want to buy and want to break lease
Hello,
Resident wants to break lease because they want to buy a house. I told them no.
Their lease expires April of 2020. They then asked to leave in January, but also pay the balance on the remaining months on le...
James NA
“ DEALS” that absolutely are not deals for the investor buyer
I learned and evolved in a different real estate universe.The rules we were taught and lived by… were the SAME rules that ALL of the REIAs and ALL of the Mentors espoused.1) DONT BUY A PROPERTY THAT HAS LESS THAN 25%...
Brad E.
What I am I doing wrong? Can't get it rented.
Hey BP - I am having some trouble getting my first property rented and I would love to have some feedback from the community to see what I should be doing differently.Property details:2 Bd/ 1 bath duplexLight rehab pe...
Hady Farag
Home purchase severely under appraised ... Advise?
Hello BP,
First time home buyer here and need some insight/advise on my current situation. I'm currently under contact on a MFH for $650,000 and had an appraisal come back at $475k, approximately $175k under that pri...
Shannon Kiefhaber
Thoughts on Dollar General
I am analyzing a deal to buy a freestanding Dollar General with a 6.3% cap rate and triple net lease with ten years left. I was excited about the deal until I visited the property and saw that there was a Dollar Gener...
Joel Owens
Glad I do not own single family houses!
It seems these tenants feel a sense of entitlement for not paying the rent. They think life problems they have created with their own choices should be solved by a landlord's pocket book.Economics and running a busine...