Good Morning BP,My business partner and I are in the process of purchasing a property. We are looking for advice on the best way to manage the shared down payment, for tax purposes. I'll try to outline the details as ...
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Hello everyone! I'm interested in getting started with Real Estate investing. My husband and I own our home with our 2 kids so house hacking wouldn't be an option for us. How do you suggest we get started with a limit...
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Hey BP,I'm originally from Greenwood, IN just south of Indianapolis currently living in Los Angeles. I'm looking to start my portfolio and have been researching a lot into the Indianapolis area. Looking to connect wit...
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I have recently closed on a quad, and while I received the security deposits for the tenants, the seller won't share any document or move-in photos from when they moved in. What is protocol here? How am I supposed to ...
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Hello. We own 2 condos in Texas: 1) one under my daughters name "PROP 1" and 2) another under my wife´s and my name "PROP 2". I just incorporated a single member LLC in Texas to house real estate investments. In sh...
One of our properties is a shared living space, currently there are only 4 tenants living in a very large space. Right now we have two 1/2 bathrooms and three 3/4 bathrooms for them to use. We are looking to get some ...
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I'm seeing that my social networks are becoming more and more interested in real estate investing and I was thinking of starting to document and promote local rehab projects to get them excited about new homes comi...
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I flip homes and have been the GC on the projects, I would like to find a contractor/partner to share in the profit and in exchange manage most of the GC work, while foating his labor until the house sells and receivi...
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What do you think about sharing the cost of maintenance with tenant? I am considering putting it into lease at renewal.
Something like:
1. Dishwasher: 10% tenant's responsibility and 90% of landlord responsibility...
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I would love to hear some input from Memphis Apartment Operators regarding there current underwriting criteria?What COC and IRR are you looking to achieve?How has the current market affected your underwriting?