Rosa Aponte
Private lending funds
I’ve never used private lending, what would a deal look like if I use private funds. Let’s say I borrow $100k. How long can I borrow it for and what is the average I will pay at the end in % & fees or what are the...
Ekow Essel
Operating Agreement Approach
Hi everyone,
I'm in the nascent stages of establishing an LLC with my partners (4 in total), and am curious if your experience recommends we draft one ourselves or we rely on legal counsel to draft? I've seen some e...
Micah Haworth
Insufficient Electrical Outlets/Potential DIY Electrical Work
Hello, MN renter here,
We’ve been living in this unit for almost a year now and have had a problem with tripping a specific breaker for our unit. The circuit covers at least 10 outlets including the kitchen stove, mi...
Cameron Ellis
Any one have experience with a Promissory Note?
BP, I am looking to do private financing on a tax delinquent property.. I am looking for any advice, and explanation on promissory note.
Ognen Borissov
Looking for templates/forms for controlling non paying and trouble tenants
I have an Apt. complex (76 units) in low income area of Kansas City, KS. Somehow it is normal for the average tenant here to live for 3-6 months, skip at least two months of rent, trash the apartment and leave. O...
Jay Yoo
Capiral Gains basic questions
Hello Would the capital gains tax happen on the amount after the mortgage is paid off and subtracted the initial invested fund? For example, if a property was purchased for $100k and mortgage $70k and invested $10k pl...
Keith L.
How should i introduce myself as the the owner
Hello BP I would appreciate some advice. I close on my first 6 unit tomorrow. I've went back and forth with deciding should i hire a property manager or self perform. I chose the latter for a few reasons. The proper...
Rebekah Nation
Tenant Abandonment of Property
Hello everyone,I’m a first time landlord and I just delivered a 7 day notice to pay or vacate to a tenant for non-payment of rent. I did get in touch with him afterwards and he said he would pay in the outlined timefr...
Justin Bullock
The Truth About Binder Deposit Disputes
“The Truth About Binder Deposit Disputes”By Justin M. Bullock, Real Estate Developer & InvestorI have been very fortunate in my investment career not to have ever personally found myself wrapped in a binder disput...
Maksym Chernov
AirBNB in Big Bear, CA. Where to start?
Hello. I’m planning on purchasing a cabin in Big Bear, CA and renting it out on AirBNB. Where to start? Do I rather to open up an LLC first? Any good real estate lawyer in SoCal? Appreciate any info