I have a 3 building multi-property (1 commercial and 2 multi-homes) in Michigan that I am considering, for which the seller is willing to finance. He has owned it since 1996, and is over 60 years old and still works ...
Does anyone charge monthly or annually for pets? My PM’s contract says a 1x fee for pets and I’m wondering about possibly charging more though I’m not sure if that’s standard or what?
Full disclosure, I'm a CPA and this should not be construed as tax advice. Please consult your personal CPA.I did a search on this topic and didn't see much discussion, so I figured I'd chime in. My wife and I are l...
Hello BP,
Recently my friend was asked to assist with a capital raise and due diligence on a Multifamily syndication. The company has a compensation carve out for such services. However, my friend (the one raising c...
So I have stumbled upon a very unique deal and I would like to get some opinions on it. Here is the scenario.Investor owns a property that has an assisted living business being ran out of it. They mortgage is currentl...
Hello all, My father is preparing for retirement and is beginning to organize his RE investments for when he’s no longer here (not for many years prayerfully). He has purchased his properties over 25 years, but all ha...
I am interested in some section 8 housing. Is there any underlaying information about section 8 housing that one should know before going down that road? I feel like it is a great investment, though I'm not sure if I'...
I have a friend who owns one rental property and rents out a few rooms in his home. He is allowed to rent at least one room in his home legally per county rules. When he tried to report the income to his accountant wh...
How much would I need to make through commissions in order for banks to feel comfortable lending me money to buy real estate? Could I invest right away as a commissions-based worker, or would I need to build a few yea...
Looking for some insight from both owners who have used property managers and those of you who are property managers. We manage a portfolio in LA that is very boutique, mostly mom and pop landlords. We have given owne...