Tim Silvers
PARTNERSHIPS & SAFETY OF FUNDS
I am forming an LLC with another partner/member to facilitate the purchase of properties via short sales, REOs, and trustee sales. Having one LLC will make it easier to have all income and expenses accounted for under...
Jon Martin
Tenant leaving. Should we disclose the reason why to new tenants?
Over the past few months, our tenant has been harassed by a stranger in the area (stalking, climbing onto her balcony, trying to get into her car while she's in it). The Police have been involved but unable to catch h...
Adam Tamer
First time investor looking for advice!
Hey everyone, I'm looking to make my first investment into real estate this year and love the BRRRR strategy. To give a little background, I have about 6 months of historical W-2 income (just graduated from college in...
Andrew Kleiner
Advice about tenant in AZ rental
I own one rental property in Mesa, AZ. (1120 s/ft, 3Br/2.5Bath, townhome). I have had the same tenant in my unit for 13 years. I have been charging her below market rent because she has been there for so long and in...
Bryan Vince
Good/Longterm Tenant - Want to Paint
BPers,
We have a quality long term tenant (3 years) at a 2br/2b condo. She is asking to repaint the walls in the living area and bedrooms. She has offered to paint and is wondering if we would offset paint cost.
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Nick Bandiera
Partnering on a duplex, do we both need LLCs?
Hey all! My brother-in-law and I just locked down a duplex under contract and plan on closing at the end of the month. This will be his 4th property and my 1st! Before I spend money with an attorney, I was curious wha...
Nancy Bachety
Direct booking or VRBO contract for STR
Does anyone have a contract that they use for renting a STR and are willing to email to me? I wouldn't hold anyone liable for anything etc etc etc and I'd adapt it. Thanks so much.
Ivan Mendoza
$6K Syracuse Home ?
Some houses in Syracuse NY are going for $6K. Some are total demos and some look decent. They are usually bank owned. Are these houses good investments? My goal would be to buy, rehab and rent?
Tony Nguyen
Fannie Mae Auction Property Flip Restriction
I just got an offer accepted by Fannie Mae. We bought the property @ REDC. The purchase price is 84k, ARV is 140k. There is a clause in the contract that says I cannot resale for more than 100k within the first 90 day...
Account Closed
First House Hack Plan /w BRRR Method - How's it look?
Hi All,Complete newbie here looking into taking a small chunk of savings and start getting into some rental properties. I've been doing some preliminary reading, playing with the calculators... even attended the BP we...