Nayt Grochowski
Need advice on setting up a JV where I manage the funds/assets
I am working with a small group of investors and we are putting our funds together to purchase properties that we will sell with seller financing to generate cash flow. The plan is that my LLC will be managing the ass...
Blake King
Non-refundable damage deposits?
Hi everyone!This is my first time starting a new lease that was not an inherited tenant. Luckily i got pretty lucky with the inherited tenants, i know thats usually against the rules ;) I am looking for advice on dama...
Michael Henry
Purchased property tenants wants $1000+ of repairs
I’ve never run into into this situation before i recently closed on a property and turned it over to a property management company. Almost immediately tenants are complaining about several items they want fixed some t...
Gabriel Harper
Start a property management company which guarantees rent?
Hey folks,
I'm a landlord with four properties, and have had bad experiences with property managers. I'm thinking of starting a property management company with "skin in the game". My idea is to sign multi-year lease...
James Ross
Interview questions for property manager
Hello BP!Continuing my trend of posting on topics that I'm currently learning about; I've been looking for a new property management company (PMC). My current one, while competent at placing tenants, is not very comm...
Jerry Sexton
Structuring a fair deal
Okay, I have a question that I want to put forth for debate. I am considering possibly teaming up with an investor (any investor down the road) and I want any deal structured to be fair to both sides. So here is my qu...
Chris Lo
Using Property Management
I got a newbie question.
If Property Management Company can pick the right property, take care of it and tenants, and everything related to the property for ~10% fee, then why doesn't everyone do it?
Maybe many peo...
Paul Sanchez
BRRRR Method Using HELOC with Rising Interest Rates
Hi BP community,
I am considering using a HELOC for a 50k down payment on a four-plex. The discounted off market price is 330k with the estimated fair market value at 390k. The mortgage broker has assured me some b...
Davidson Francois
What’s the purpose of an LLC???
I’m still learning the financing part of the real estate business but can anyone help me understand the llc aspect of real estate? What’s the person of having a llc when from my understanding you won’t be able to appl...
Isaiah Thelwell
Seasoning periods for Refinance?
Hello, i’ve been hearing different investors talk about a seasoning period when refinancing out of hard money during the BRRRR process. can anyone help me dive a little deeper on what this is/mean?