Juan De La Garza
LOI before you can see financials?
Is it common for a broker to ask for an LOI before they can send you over the financials?
Charles Hill
Reporting Option Consideration
Okay, here’s the deal. I have been working with a tenant/buyer who has his eyes on a condo for him and his son. Father is in the midst of a divorce and needs to find a home for him and his teenaged son.
I have a sel...
Stacey Ocampo
Short Term Rental Strategy
Hi guys! I recently acquired a short term rental in Big Bear, CA with a partner that closed in January and am now just starting to discuss this topic outside of my partner and circle since I don’t know where else to g...
Michelle Meyer
Seller financing contract, as a seller.
Hello,I am looking for ideas, I am selling my rental. We are under contract, but with the prospect of a market shift, buyers is asking for a reduction.I don't want to break the deal, but also don't want to lower the p...
Joe S.
Property managers for short term rentals?
So when somebody comes on here and ask about property management for short term rentals all the normal gang pipes up and says they self manage. My wife and I already have quite a number of properties we manage that ar...
Alan K Auman
URGENT!! How to structure this deal? Need help asap!
Hello all, I just stumbled upon a listing in (of all places) the local newspaper classifieds. The guy said he would be willing to sell for 45k w/ seller financing. I could buy the property conventionally but I'm in th...
Roger Malcolm
What junior liens do property tax foreclosure erase?
I have found a few sites that state that property tax foreclosure in Texas remove most to all other liens, but I am skeptical that that is right.
Is it? A buyer at a property tax foreclosure would not be required t...
Mike Carpenter
Is trading STRs for vacations a thing?
Do people trade or barter their STRs for vacations? In other words, I'll let you stay at my STR for a week if you let me stay at yours. Maybe compare based on ADR or similar.Is that a thing? If so, where do people do ...
Christian Allen
Contractor failed inspection wants to charge more
I hired an electrician to install a complete hardwired and interconnected smoke detector system in my multifamily property. The fire inspector came out today and did not give a sign off because some of the smoke dete...
Jamie Lamont
Just got my first property
Good morning BP community, I recently closed on my first house-hacking property. It is a quadplex in Anchorage. Two units were already rented when I purchased with one unit vacant and the previous owner occupying the...