Luis Pereiro
Unauthorized Pet and damage
Hello BP. Seeking some advice on a rental. Tenants asked for me to repair the wooden fence. I met with tenants and saw that it was leaning a bit and a few of the panels were loose. Informed tenant I could do some sm...
Melanie Z.
A “ Lemon“ House ? Improper zoning and build
My mother bought her home 18 year ago, it was a new build- down to the foundation. Within a year little things began to occur within the property - nothing too concerning - over the next 9years .... the roof collapsed...
Eric M.
Sellers, penalties for missing closing date?
Have you ever tried to add a $ penalty per day for delaying a closing date in a sales contract?
I know many of the delays are due to lender issues, but why should I bear the brunt of that cost? I'd like to give the b...
Ron T.
SC Tax Disadvantage "Myth"
Hi all. This is my first time starting a discussion on BP after lurking for a while and listening to the podcasts for a couple years.Recently I have seen numerous posts, most recently by @Alex_Franks regarding the maj...
Paul Schaefer
What is the definition of a cash buyer?
Is a cash buyer only someone who has liquid cash? Is hard money or private funding considered a cash buyer? What is actually considered a cash buyer?In my very limited experience, it seems that cash buyers are more ...
Beau Brockway
506(b) Exploration and Advice Needed
Hello,
My business partner and I have just set up our LLC and are beginning to source properties for our first purchase under our LLC. We are purchasing our first property(s) by using a funding source from someone w...
Gary Dezoysa
What is a fair amount to get started as a syndication sponsor?
I think sponsor is the term for someone who invests in syndications of commercial properties. I assume my $20,000 won't be sufficient. What is a fair amount to start with then? Does one need to be accredited to see th...
Joshua Nackenson
Using private money from multiple sources as debt
What is the legal/logistical structure to fund a deal using private money from multiple sources? It would seem that if getting debt together from say 5 private individuals the security of being in 5th position on a pr...
Sarah Dignardi
Thoughts on Surveys for parks??
Hi all - I'm wondering what your stance is on a survey when purchasing a park. I'm negotiating on my first purchase. It's on 18 acres, only about 3-4 of which is developed. Topography isn't really conducive to further...
Dean Chesnut
Boat & RV Storage Yard Designer
Can anyone refer me to someone who designs boat storage yards, I have a 4 acre site I am buying near a lake in Arizona. Dean