Is it common to have management fees as an EXPENSE in a joint venture, or is it common for one partner to put up the money, and the other to oversee the management 'for free'? I'm working on JVs that require a big re...
Currently under contract with potentially my first rental property and just wanted to gather all my eggs on a basket.I wanted to ask what questions should I ask before hiring a property manager and a contractor? What ...
Hello,
I was wondering if anyone can list the steps to follow when purchasing a sub 25K property cash, for sale by owner. Can i do this without an agent? My current requires a minimum of $2000 commission. The prope...
My current property manager is well priced, but it is not working out. There are too many dropped balls, unreturned txt/emails... I feel like I need to ask a question 3 times sometimes to get an answer. And the PM i...
Hello BP Community, I've been out of the country and had a short sale purchase approved before I left. I've just gotten back and am ready to close. My realtor informed me that I had to have a survey that she ordered a...
Question:
What should my next steps be to get a reply from the tenant in my condo?
Facts:I purchased a condo on 11/02/22 that I placed under contract on 09/15/22. It’s for me to live in for 1 year before turning i...
Hello all!
New investor here, just got my first property. 3 unit, live in, Hermosa, this past April. One tenant is great, on time with rent, communicative. My relationship with the other has been a bit rocky. Finding...
Hi,I live in a condo unit in San Mateo, CA county. The HOA is planning a special assessment of over 50K per unit for major repairs ( some of them cosmetic). The HOA decided to do a secret ballot voting and 25 out of 4...
Hello BP family, I hope this note finds everyone well. I have been a landlord (residential property) for over 5 years and I have been lucky with securing good tenants over the years. The only challenge I have had w...
Good day,
I am relatively new to REI and I have a potential subject to deal I am looking at in Cleveland Suburbs and could use some help. The loan payoff is $47,000.00 with 14k past due. The rental potential and are...