Mayer M.
Modular/Prefab homes advice needed
Hi,
My partner is hung up on buying a lot in South Jersey and putting and modular/prefab home on it and then either rent or sell it or perhaps keep every other one as a rental.
Can anyone provide any insight on thi...
Rick Baggenstoss
Tenant claiming water damage
After flooding rains in GA, an unfinished basement flooded. The tenant wants me to pay for her damages after basement flooding.
Insurance doesn't cover it. My lease states I'm not liable. Her claimed damages inc...
Elijah Williamson
How do you structure your rent-to-own agreements?
I'm a new investor and because I'm self-employed, I can't get a loan for properties in my local market unless I can put down 20%. I've turned to looking for rent-to-own properties. I'm not quite familiar with the exac...
Damien C.
Vetting property management companies
Hello folks. I was interested to hear Jered Strurm, on his BP podcast interview, discuss his experiences vetting property management companies. He mentioned having reached out to local property management outfits in t...
Daniel Harnsberger
Vetting House Flippers
I have a friend in upstate New York who is interested in funding an experienced investor's house flips for a 12 - 15% ROI. Passive investing, as some call it.My recommendations to him in order to find these individua...
Kevin Carraway
Create legal entity for apartment complex?
Hey guys! I’m interested in multifamilies to smaller apartment complexes here in Springfield MO. I’m wondering if you have set up a LLC or Inc for apartment complexes or maybe leave them in your personal name? I’m not...
Casida Caines
Lender asking for closing date extension/ anxious seller.
Hello everyone,
My lender is asking for a 7 day extension on the current closing date, February 9th, but the seller is anxious. Has anyone encountered this situation before and what are some possible options/strate...
Ran Fridman
Real life example of owner financing need your kind advice
Hello BP community, I'm based in Chicago, Cook country I have deal that is not on MLS owner have clear title and apartment is paid off, I check owner properties tax was not paid for 2015.I think ether he forgot or hav...
Deren Huang
Yearly Cost of Being a REALTOR
Hey all,Just wanted to give a frame of reference for those who are thinking about being a real estate agent, whether it is to do "retail" sales or investing here are some of the cost associated to being an agent:I am ...
Todd Moriarty
If I buy an apartment building, who keeps the cash reserves?
I'm looking at different buildings right now and was told by a reliable source that, if I buy the building, I get the owner's cash reserves. That doesn't sound right to me. I know I get the tenant's security deposit...