Andrew Parrish
First Off Market Duplex
Hey everyone! This is my first post and it may be long winded to get back story so I apologize in advance. I have been reading and listening to podcasts and reading every day for the past 3 months. I have a question a...
Chatree C.
Lease agreement with option to change move in date
There's a good prospective tenant that wants to sign our lease but they are not sure about start date (work travel schedule) until 3 weeks from now. And they agree if they start later, they are willing to pay a bit mo...
Lexie Greenheck
Creating my Operating Agreement
Hi BP,I am a new REI and am fortunate enough to have a partner. We are meeting this week with a lawyer to hammer out the operating agreement. This partner will be working with me across multiple deals. What are some s...
Frankie Smith
Lease Extension Agreement Change - Can they do this?
Hi BP Community,
I need some advice/guidance...I own a STR that I've leased out to a corporate housing firm. It was leased until end of Nov. on behalf of their client. There is language about mtm after the lease ha...
Laura Davis
Inspection Contingency Removal question
My husband agreed to remove an inspection contingency from the contract offer prior to the home inspection. He did so with our agents assurance that the Seller's would fix/negotiate (after we pay for up to a certain a...
Ayodeji Kuponiyi
Rent Increase due to Tenant's Mom
A few months ago my tenant's mother expressed her interetst in moving into my unit (I have a duplex) when I informed her that I was looking to move out in a few months. Her lease expired and I agreed she could stay wt...
Bill Sargeson
How can this landlord be OK with this?
How this landlord can sleep at night is beyond me.....Link to story
Dustin Heiner
How to split equity between 3 investors with 1 as the lead
Hi, I need help with equity in the deal for an apt complex I am working on.This is the breakdown:Investor A = $90,000 - Investor B = $20,000 - Investor C = $25,000Myself and 2 other investors are buying an apt com...
Ryan Beinner
Mortgage Rates (5%+)
Hi BP Community,I am looking to invest in a SFH (TurnKey) and my timeline to purchase is November/December of 2022. With the fed increasing mortgage rates to near 5%, and assuming a .5% uptick each fed meeting until t...
EJ Miller
Tenant Offered to Pay for Flooring
Hello Everyone, I had a tenant move into my rental property roughly 4 months ago. While they were touring they asked if I could replace carpet in one of the bed rooms with vinyl plank and I agreed. Below is how it was...