Jason Malabute
The Feds Raises Interest Rates by .25% and Its Impact on Multifamily Investing
Yesterday, the Federal Reserve made the announcement that it would be increasing interest rates by 0.25%. The Federal Reserve's goal is to lower and stabilize inflation at 2%. This move was taken in an effort to contr...
Bryan Moynihan
Creating an LLC - Expected Cost?
Hi - I'm a new real estate investor, based in Denver, CO. I'm interested in creating an LLC to hold my investments. I talked to a lawyer today, who quoted me $1500 for legal services and $50 for the filing fee (beli...
Ian Jimeno
Working with Partners on an Owner-Occupied Property
Hi BP'ers,
My wife and I are looking for our next house hack in Denver, with which we are very familiar. As we continue our investing, our capital is tied up in several assets, so we are working with capital partners...
Tymesha Moore
I’m looking to get loans so that I can do my first fix and flip!
Can anyone point me in the right direction with a loan officer in Michigan that can help me with my first loan for a fix and flip? Thank you!
Brandon P.
Tenants not paying late fees
Hello
I have tenants that constantly do not pay on time. And neglect paying the late fee. Turnover is expensive so Ill go with it for now.
How would you word telling the tenant that the late fees are going to come o...
Rachel Trubisky
Final Inspection
Hello!
I've been reading other posts and trying to come up with the best plan. I have a good idea on what needs to happen but thought I would ask for your advice.
We just had our first set of tenants move out. They ...
Jason Weber
Lease hold improvements on Commercial property
I recently purchased a multi tenant business office building. One tenant who has been there for 15 years emailed me stating that his carpets are worn down, always look dirty, and have some areas of balding. He wants m...
Kev Pito
Lease gas station or buy
Current operator is leasing a gas station from third party. Operator wants to sell to me.Willing to provide Environmental reports and such.
Location:At intersection. Currently unbrandedbuilding is 2400 sqft.Town popu...
Christopher Freeman
Building the Right Chart of Accounts
Howdy, all!I've been lurking on the forums for a few months, and finally came across a topic that didn't seem to turn up any search results: Building a chart of accounts for a rental business.Let me back up and start ...
Brandon Yuan
Legal budget for small apartment acquisition
How much is a reasonable budget for legal cost for small apartment acquisition (20 to 30 units)? Activities may include review/revise contract (any special language addendum outside of standard TAR contract), review t...