Doug Trumbull
Operational Partner Ownership Percentage
My partner in my multi-member LLC will be performing many of the maintenance/management activities. In the state of Georgia, is there a minimum ownership percentage required to allow him to manage the property? I figu...
Preston Roach
13 of the worst S&P Performers this year are REITs
I was reading an article on another investing website that broke down the best and worst performers in the S&P 500 so far this year. The list of the 35 worst performers had a whopping 13 that were REITs. Not all o...
Sobsie Jacobs
property manager indemnification clause
I am reviewing a standard CAR (Calif Association of Realtors) contract given me by a potential property manager for management my fourplex. The indemnification clause seems to indemnify him very broadly for any actio...
Logan M.
Onsite Handyman in Mobile Home Parks
There is a universal rule that you get a handyman from the last owner whenever you purchase a mobile home park. I have had a wide variety of outcomes but I want to give a few warnings from my experience.
1. Don't r...
David Vaturi
How can I do an assigning of contract property in OC
Hello Investors and wholesalers,I have spoken with a few realtors, and they told me that in OC wholesaling properties is illegal.What comes to mind is, "How can I do a contract assignment? in order to buy the property...
Darren Eady
Property or Paper - Which is the best return for you?
12% - 18% returns are available to me constantly through performing mortgage notes and cash-flow rental property. I like holding notes at 12%, but I don't like just consistency without an larger upside. I enjoy rent...
Aaron Watkins
Funding the purchase of notes
What would interest a private lender to invest in the purchase of notes?
Jon Klaus
Seller fears due on sale clause
Potential buyer is looking at a commercial property with poor trailing performance, so it will not qualify for a new loan. It is mortgaged. The seller is willing to be creative, but not do anything that might trigge...
Account Closed
Property Management issue, what should I do?
Hey guys, I need some advice. I have a rental property in Indianapolis with some bad inherited tenants, and a very irresponsible property manager. I am out of state for the next few months. When I purchased the pro...
Michael Beliveau
STR in Kissimmee/Orlando, FL - Service Recommendations
Hello All! I have been following BP for a while now and recently had an offer accepted on a 5 bed 5 bath townhome (w/ pool/jacuzzi) in Storey Lake Kissimmee, FL. I'm trying not to get too far ahead of myself but as we...