Allan Smith
Tenant complaining about Mold
Hi guys-I rented out a 400 sq feet studio apartment about a month ago, and today my tenant says there's a musty smell in the studio, likely indicating the presence of mold. As far as I know, there are no leakages in t...
James Hedgecock
Non-cash partner - Taxable Event?
I'm trying to structure a California LLC as the non-cash partner. My partners are bringing the cash to the deal. We are building ground-up condos and planning to hold them for rent long term. I found the property and ...
Anish Arora
prospective rental candidate owned house in past
I have a prospective renter who says has has owned houses in past 7 years.So, he does not have a "landlord reference". How to deal with this situation because I can't check any landlord references!!
Jon Klaus
1031 Exchange from a multi-partner LLC into a single owner property?
Selling property in an LLC that I own with another investor. I'd like to 1031 exchange my portion into another property that I'd buy myself. Kosher?
Account Closed
Property with Existing Leases
Howdy BP'ers!When analyzing a potential deal, how do you consider existing leases with below market rents? My minimum CoCROI is 12%. I'm analyzing a quad that will generate 13% at market rates and 7% at current rents...
Jeremy Robinson
First home purchase in ogden utah finally!
So I just wanted to tell my story a little here, it's a long one and I have already made mistakes. This is long, I have a TL:DR at the bottom. About two months ago I started this journey. I have been wanting to get in...
Jack Srimani
Will this influence your offer price
Hi,
I am considering purchase of four unit property, Currently I am going through price negotiation. This is a renovated fourplex with rents of two for 550 each and rents for other two are at 600 each. Each owner pays...
Mikilyn Hiles
Making a offer on a REO property
There is a home that has been abandoned for 4 years....the owner went thru a divorce that stoped the bank from foreclosing on it for the last 3 years....they were finally allowed to take ownership of the property abou...
Ryan McCarthy
Self storage criteria for over saturation
Want to buy or build a self storage park. I’m Afraid my market is over saturated. Is there a population density formula to determine if there is room for another one or not
Rob Black
HOA Lein on Foreclosure
First post at BP, I recently purchased a foreclosure at auction in Washington state. I'm trying to access water to clean up the property but the HOA refuses to turn on the water. They say I owe $1500 in delinquent H...