Micah Haworth
Self Managing vs Hiring It Out
Greetings BP,My Wife and I are pretty close from getting into our first Quadplex. It looks like our most recent filp has gone well and should enable us to put about 100k down for the next property. This will be our fi...
Greg Gangle
To update Knob and Tube... or not?
Hi BP friends. I’m going to be closing on a property that requires the entire home to be upgraded from knob and tube.
Here’s the numbers
Purchase Price $44K
Knob and Tube upgrade $13K
Insurance premium $2246/yea...
Thomas Coburn
How to Protect Equity in Divorce WA State?
Hello. I'm Thomas and could really use some guidance on protecting and eventually receiving my share of equity in the marital home.
I'm finalizing a divorce in Washington state. I paid for two different consultation...
Patrick Campbell
ADA trained dogs vs ESA (emotional support animal)
I'm in Florida and I have been in the business for over twenty-five years.In recent months, we have had a high number of tenants going to websites to get an ESA certification. They then tell us that they are allowed t...
Ellie Perlman
The Top 5 Mistakes to Avoid When Raising Capital for Syndication
You never know when an exceptional multifamily deal will come across your desk. The truth is it could happen at any time, and when it does there are a lot of things you’ll need to do. I can tell you from firsthand exp...
Jingru Sui
Is contactless mobile notary possiable?
Hi BP peeps,
I have a buyer in CA that's going to close a house in GA. So mobile notary is needed to sign closing documents. Just curious what's the mobile signing looks like? If the buyer requested you to mark ever...
James Syed
Safe Cap Rate
Hi members,
If you are not familiar with local area cap rates, what will be a safe range for it?
Assuming it's a multifamily property (under 24 units) in a C neighborhood (not a war zone), built year is...
Christopher Reynolds
Notice to Quit needed, or just Letter?
Hello everyone. We are buying our second property today! We received the rent roll of the property, and one of the tenants is behind on the rent. We also noticed that every time we visited the unit, we found tha...
Account Closed
Tell us your worst experience with contractors...
I thought this would be a fun question to ask. What is your worst experience you have had with a contractor???
Mine is on our last two projects. "Brad" and his crew had done work for us before and did an excellen...
Jessica G.
Paint or no paint for new rental?
We have a property we acquired subject-to existing financing, so we didn't pay much for the purchase. The plan all along has been to hold it and rent it out. It's in a great middle-income neighborhood in a popular, af...