Morgan Gutierrez
legal timeline for updating investors
Is there a legal timeline to update current investors about a significant change in the investment?What are the legal requirements for updating the investment information/pitch deck for new investors?I am no longer wo...
Yuhei Kato
Plumbing in my rental property
I’ve been having issues with a certain type of pipes that are in place for my rental property. We had our second leak in the house because of the type of pipes we have in place. I called a plumber and he took a look ...
Calvin Lipscomb
Changing Locks On The Entrance Door/
Expected to close on a 6 family this Thursday. We probably need to change the locks to the entrance door and let us assume that the tenants are hostile. What is the procedure for changing the locks in Chicago and pr...
Nate Ollmann
Frustrations with Rentals
Hello BP,I'm typing my direct mail letter template out (no it'll be handwritten for mailing) and I want to accentuate the most common frustrations with renting. Looking for a list of the most common frustrations and ...
Kelly M.
Cash Out Refi Question
Hi Everyone! I’m finally almost done renovations on my three unit property and I have leases on all units. I want to do a cash out refi. My lender says they can do up to 70% LTV. I was just wondering how common 75% ...
Celena Lathrop
Air BnB Plus Rental House
My associate owns a rental property in Texas that is a SFH 4 bed 2 bath and rents out 2 of the rooms to long-term tenants while reserving the other 2 rooms for short-term Air BnB guests. They’ve made it a habit of che...
Thomas Bass
Buying a commercial property with multiple tenants.
I am looking at buying a large commercial property 20k sqft building with 2 retail spots attached and a studio apartment attached as well. My question is for taxes and insurance. If I buy the property and rent out eac...
Karen Johanson
When to Evict
Hi, all...I have a tenant who's had repeated complaints from neighboring tenants about loud arguing, yelling, screaming profanities, etc. I responded several times and that issue seems to have subsided. I recently had...
Dustin Lunceford
Owner financed offers on my listings
I have had a good bit of investment property listed over the last year. I have recently received calls/verbal offers on a few of my properties that have me scratching my head. Each of these offers has been $20,000-3...
Brett Mayor
Real Estate Agent Commission
I have a real estate agent in eastern TN that wants to charge a 10% commission to sell bare land. Isn't 6% standard for any type of real estate or is it normal for that to flex depending on the type of property being...