Drew Joseph
First Self Storage Investment
Hi everyone,I am hoping to use this as a deal diary for our first storage shed investment. In June of this year (2019) my dad and I purchased our first self storage facility in Gainesville Georgia. We've owned a few r...
Leon Green
Property Management Fees: Conflict of interest?
As a property manager I'm familiar with many trends in fees/revenue generating practices that property managers charge. Some of these practices do not align the property manager and property owner's interest. For exam...
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...
Harry Allman
Waiting for New York Salesperson License Exam Results
Hi everyone,I took my NY Salesperson License Exam last Wednesday and I keep checking the website and it still says "Waiting for Score". Just wondering if anyone had this as well. I'm assuming things are different now ...
Russell Gronsky
Parent LLC and Subsidiary LLC no one talks about on BP
Hey BP,Some of you may recall my rant about legal structures and advice from pros in a post a few weeks ago. After reading all the constructive, helpful comments and processing the frustration of working through every...
Mitchell T.
Broward County NEWBIE Meetup!?
In addition to the REIAs and REIC meets we should all be going to, I was thinking of setting up a meet up for just us SoFlo Newbies. It's a good chance to meet more fellow BPers over some brews. We can share our newby...
Justin Westmoreland
Why do a lot of investors stay away from medium to larger multis?
I have been listening to a good amount of podcasts on here and it seems to me that most investors who invest in multi family are staying small meaning anywhere from 2-15units. I understand that it depends on each indi...
Daniel Walker
Advice appreciated! - Negative cashflow but positive equity?
Hi Folks,I am new to buying real estate for investment purposes, but have held a rental in which I used to live since 2014. With equity I've extracted from the first house I am looking at a 2-bed town house which has ...
Syed Naqvi
Best cities to buy multifamily building for buy-and-hold purpose.
I am planning to buy a multifamily building/complex of around 4 to 25 units with in next few months. So far I have a few Single family and townhouses and have a good experience of managing them. Any advice on BEST CIT...
Scott Trench
Why Would Someone that Is Financially Savvy NOT House-Hack?
I'm curious. I have written extensively about how I "House-Hack" and live in one part of a duplex and have tenants rent out the other portion of that. They pay down the mortgage and allow me to live for free.For every...