Matt Grace
New member and Investor in Colorado
Hello BP!
I joined today and am impressed with the wealth of knowledge on here. I am excited to hopefully learn or work with some of you. My goal is to buy my first property this year. I am thinking OKC or FL as Col...
Nate S.
4 unit apartment building as a 1st investment?
I'll be getting out of the military in 6-8 months from now. I don't know the RE market if its good or bad as for today. I want to use the VA home loan for my first purchase of a investment property later on. Just don'...
Kevin Prasad
Seller Financing: need advice on how to pitch
Hi all, I’m looking to negotiate a deal thats a mix of seller financing and conventional lending. What are some pros that I can highlight from the seller’s perspective.
Here are a few that I’ve come up with:
1) mont...
Ben Foullon
Holding Company Question
Hi everyone! I have an LLC and a friend of mine has an LLC. We formed a holding company where both of our LLCs are members. Are we able to transfer our funds to each other's LLC without worrying about taxes since they...
Jasmine Slivka
Real Estate Partnerships & Portfolios
Hey everyone! I'm curious to hear from those who have a small real estate portfolio with someone you're not related to? (i.e not a husband/wife team). Wondering how you structured it, and if you have any advice for my...
Wade Garrett
Would Appreciate Some Advice
I just purchased my first fourplex and have a tenant who I foresee being an issue. She is currently on a month to month, as her previous lease with the old owner expired. The old lease says the rent was $900. Her secu...
Mike R.
Is accepting ONLY electronic rent payment illegal/discrimination?
curious if we included as part of our tenant eligibility requirements that any payments (late fees, rent, utilities, etc) made to landlord MUST be in electronic form (i.e. wired) considered discriminatory or illegal? ...
Michael Whitaker
Landlord Responsibilities
I have a property. Prior to leasing it to a tenant, the property is pest-free. Months after moving in, the tenant claims there is a pre-existing pest problem. I am 99% confident that the pests are a result of the tena...
Jacob Yates
Splitting utilities in a duplex
Hi everyone I am looking at making an offer on my first deal. I would like to have each tenant pay for their own utilities. I know some laws may require that certain things be set in place to have tenants pay for thei...
Michael Peters
Septic & Occupancy
My wife and I are looking to purchase our first property with hopes to turn it into a STR. Its a 4BR/3BA lake house in the woods of Wisconsin and on septic. During disclosure we found out that while it is a 4BR the se...