Hi BP, I am looking for company recommendations to invest into mortgage notes. I am not an accredited investor. Ideally, I am looking for shorter commitments, from maybe 6 months to maximum 2 years for the loan. Does ...
I recently pulled my credit report to find an address I have never lived at or even applied to rent at. The person in the home did not answer the door when I rang the door bell. What do I do? I posted a notification t...
LP gets first 7% of returns as pref-From 7-12% split is 50/50 LP/GP-From 12-17% split is 25/75 in GP favor-From 17%+ split is 10/90 in GP favorThat means that if the investment did 30% irr pre-distribution that the LP...
Hello,My husband and I purchased a 21 unit Motel last year. We are from a small town in Northern California and because of this, we wanted privacy and anonymity. After doing lots of research, it sounds like we knew wh...
I have been investing in turnkey properties the last 10 years and have had great experiences. All my deals are out-of-state and they perform well. As I am getting older, I realize that some of my properties are even m...
Should you even bother?
Your first question might be – why should I? Well, three top reasons come to mind:It will allow you to deduct their earnings on your own tax return.It is required by law for any person to whom...
We recently signed up for Vacasa for what we were hoping would be a turnkey type approach to managing a new Short Term Rental. The communication has been terrible and part of it may be their ongoing turnover of the l...
Hey BP,I purchased my first SFR back in March and got it rented out on April 1st. The tenants have been quiet so far but today they texted with their first issue:Water is slow to go down the shower. When the toilet is...
How do you deal with showing a property that filthy tenants currently live in? I hate to show the house in the shape it is in and I cant force the current renters to clean up their act... Dirty dishes, laundry...Stuf...
How’s it going BP family? I’ve been reading, listening to podcasts and I hear a lot of people(new and seasoned investors) picking up deals left and right. I am in the Los Angeles market and just comparing the prices t...