Bernard B.
common items that tenants steal , and possible solutions to them.
Good afternoon BP nation, I always seem to have common items stolen from every rental unit when tenants move out. I tend to see stolen light bulbs, smoke detectors, hydraulic door closers (yes), shower curtains a...
Manuel Perez
Commercial lenders...What is Pre-review exactly? is it common?
Hello to commercial lenders. I am a syndicator and multi-family investor that targets about 8 different markets across the U.S. Somebody in one of my investment meet-ups had brought up a term called "pre-review" which...
Andrew Rosenberg
What term do wholesalers commonly use to super-fast funding?
Wholesalers, what is the current term for Transactional Funding?Is it Flash Funding?Is it Short-Term Funding?
Is it Same-Day Funding?Is it ABC Funding?
Some of these are new to me. Love to hear your take.
Sahana R.
Especially in Chicago What are some common types lease addendums?
Hello BP Community!I'll be renting my apartment in a few days and I want to have a tight lease for obvious reasons and to take more stress off of me whenever possible. I found a good example by the Chicago Association...
Jonah Geil
Zoning violations - Multiple units in R5 zoned house, how common?
Hi - NEWBIE ALERT!We're first-time investment property buyers. We're looking at buying a house that has been running as 3 units for many years. However, it's zoned R5 for a single dwelling. I'm aware that code violati...
Mike Auerbach
1031 Specialists - Common 1031 Question - Regarding Members of an LLC
Can some of the members of an LLC do their own exchange or cash out at the time of the sale of the property?A drop-and-swap allows investors to drop out of their current ownership structure, break away from partners a...
Jorge Garifuna
Any common strategies to convert m2m to long term tenants?
Hello everyone,I'm in the process of closing escrow on a fourplex and a triplex. All tenants are currently on a month-to-month. I already have 10 tenants on my existing investments and they all started with a one-year...
Jean G.
Earnest money going "hard" after due dilligences? Is it common?
Hello,I was trying to get a 48 unit complex (rural but stable area with just under 10% cap) under contract. There were 2 offers being considered by the seller (ours and that of another group) and we were asked for hig...
Account Closed
Most common ways thieves break into a house under rehab?
Hello everyone,I just got a call from my contractor some thieves broke into my rehab and they stole some copper from the main line in the basement. What are some suggestions/security measures you take to prevent this ...
Mariah Porter
How to deal with roommates breaking things in common areas
I just bought my first single family home that I will be house-hacking. I have 3 extra bedrooms to rent out. I would like some advice on how I might deal with the issue of roommates breaking something in a common area...