Adam S.
Recently Fired Property Management
I recently fired my property management company (mid-October) for a number of reasons. In the agreement between the property management company and myself, it stated any repair over $300 needs my approval. The propert...
Zachary Whiteside
Financing options for beginners in Charlotte, North Carolina.
Hello, BP!I am in the early stages of starting my REI career and currently assembling my team. For background:-I sold my first home last year and I have about 25k of my own money available to invest.-I've narrowed my ...
Brad Bass
use 1031 exchange to buy out bus. partner on other properties
I'm wondering if I can use the proceeds of a 1031 exchange to buy out a business partner on properties I already partly own. I want to sell a property I fully own and use the proceeds to do this. We are currently 50...
Dane Kania
Structuring Seller Finance
Hello,
I have been building a relationship with my neighboring duplex owner. I bought my duplex last year as a house hack and am looking to acquire a new investment soon. It was brought to my attention that she may w...
Jeff Pace
First Post! Questions on a mentor
Hey guys! First post. (Let me know if I'm posting in the wrong forum)So I'll start with some quick details before I ask some questions.This last summer in Louisiana I was renting an Airbnb for me and my co-workers who...
Thomas LeBarre
Property Management agreement review
There are a lot of stipulations in the agreement that overly protect the PM company and not so many to protect myself. Hoping to confer with an expert to manage my expectations and/or confirm my current thoughts. It's...
Conrad Martin
Would someone mind poking a few holes in my plan?
Hi BP Community,My family has a distressed SFH in rural NC that I’m planning to use as a practice ground for my first full renovation. The goal is to renovate the property, raise the value, borrow against the equity, ...
Brad Peralta
Rehab estimate when analyzing BRRRR deals
When analyzing out of state deals on MLS or Zillow, how do you estimate your rehab cost? Is it based off the photos or virtual tour available online? What if little to no photos? According to some BP posts/webinars...
Kayla Strozier
Earnest Money When Buying Neighbor's House FBSO
I have a rental property that is a townhouse. My next-door neighbor to my townhouse has agreed to sell her townhouse to me. We are doing this without realtors. How is earnest money handled in cases of FSBO? Should I j...
John Akhlaghi
Tenants Moving Into Your Property
Good Evening This is John Akhlaghi,
I had recently finished moving into my condo in Jacksonville, Florida which is a student rental and I had just finished rehabbing it just by painting the rooms. The potential tena...