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What is imputed interest? This was a term I was familar with but recently became got a deeper knowledge of when advising someone on how to structure a seller carry back note. He had found a house where the seller was ...
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Hi BP! I am creating a start-up LLC and wanting to set up a holdings company in WY and then a separate LLC for rental properties in AZ. I have read several of Garrett's books and wanted to get a quote on what I needed...
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Hello,
I am looking at a 32-unit property that is LIHTC (low income housing tax credit). Does anyone have experience with LIHTC properties? I am wondering how rents are determined and how often they adjust? Any oth...
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Hey BP!! I am in the early stages of setting up a lease option on a property that I own. Here is my question In regards to the option fee: I will be using an escrow company to set up and manage the lease option for th...
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As previous posts indicated, I'm slowly rehabbing a ~1970's build that has not been updated, at all.The majority of the walls have slight bumps where a nail wedged loose from its original position in the dry wall. I'm...
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A pretty common question that I hear all the time is .. "How do you hold tenants accountable for damages during their stay?" Well, the answer is simple! A Condition Checklist which we supply tenants at move in.Then th...
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So, I just went into a purchase agreement on a 4-plex. For those of you that have followed my posts, yes, this is the one with the large lady. However, I have run into a new problem.
The issue is that I want to tak...
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Hello!I am happy to become a part of this thriving community! I recently joined and have already found a lot of helpful information and positivity here! I wish I would have known about BP sooner..I love so many thing...
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I’m new to Atlanta and looking to get into the flipping game.Where are some good areas to look at? Any advice?Thank you,- David
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Hi BP, I’m new investor from California, I cannot afford to break into buying a house in CA at the moment- meantime- my mother in law and I are opening RAL Assisted Living Facility in a multi- family single story in N...