Carlos Solares
Profit Percentage in Partnership
Hello BP family, I have a remodeling company. In 2010 I created a partnership with an investor. The investor has 95% of the business because he provided the majority of cash. I invested a smaller amount, manage the co...
Dailyn Souder
House Hacking Beginner - What are the rules for charging rent to my tenants?
Hello community,My partner and I just recently paid off the mortgage to our house. We are planning on house hacking this property and investing in a new property in the near future. The mortgage payment on this house ...
Daniel Avery
Section 8 rent increase
Hey i bought some rentals who already have section 8 tenants in them. I️ have noticed the rent is lower than normal and should be increased based on bedrooms etc.
Section 8 sent me a form to complete and told me to ...
Shayna Adams
Can I take away laundry room?
Hello!We have a triplex in Missoula, MT, and have had repeated issues with tenants not caring for the shared laundry room. Actually that's an understatement... It's happened twice now that one of the tenants has lef...
Colleen Ross
Assistance Animals under Fair Housing Act
Hi Bigger Pockets. I have a question regarding assistance animals under the Fair Housing Act. We are advertising our rental property and just received an inquiry from someone with a service animal. Our policy is no...
Barbara S.
Street Widening on map
My neighbor is selling his property and I absolutely love it! It is the unicorn property in the neighborhood. I am in NYC, this property is tremendous for NYC standards the problem with it is on the survey and street...
Matt Eckler
Rental Partnership Structure Questions
I've tried to search BP forums about partnerships and although I've come across a lot of valuable information, I've yet to find my specific situation discussed. Basics of the partnership:- All the properties will be i...
Bruce P.
Specificity and Payment Breakdown for a Proposal (ADU)
Hi BP community,So my friend is building an ADU in their backyard in the Los Angeles (specifically Westlake Village / Moorpark area). A couple of questions came up.1) What is a typical payment structure that is fair t...
Eric C.
Fair Tenant Placement Pricing Structure
Standard structure is a % of 1st months rent for a PM to place a new tenant. Included in this fee would be any agent commission if the tenant was represented by an agent. If tenant finds property through many of the...
Lauren Cook
Partnership question- acquiring a new property
I could use some advice! I own two homes, one primary and one investment on my own. I also have equity (35%) on a third worth about 365k that closed in February. I have been doing house hacking for a few years and hav...