Nelson Lin
Is this Equity split in syndication fair
I’m looking to invest in a syndication in Phoenix for a 60 unit apartment that will be a value add. The equity split is 80/20 for investors/sponsors, but the sponsors are only putting in 10% of the equity raise. Is th...
W Goode
Tenant Troubles and COVID-19 in San Diego
Hi all, I bought a house at the beginning of the year in San Diego with tenants already in the front of the house and I moved into the back side of the home. Attached, but separate entry.. think like a garage turned i...
Jeff Kushner
Benefits of using a real estate agent to purchase land for new construction home/building?
My fellow BPers…QUESTION: What are the benefits of using a real estate agent to secure the purchase of a piece of land with no existing structures?I am looking to build a steel building/garage/workshop in south Florid...
Chris M.
Buy or Walk?
I'm looking for a rental investment, and found a 3 bedroom 1000 sf house for $30,000 in Indiana, currently rented at $600/month. Seller isn't willing to go any lower. I thought it was a good deal, but ordered an in...
Ryan Newport
FHA vs Conventional Pros/Cons and Curiosities/Questions
Hey guys, I got a few different questions and curiosities here, so I'm just going to lay them out and hope for as much insight as possible.
I have low capital right now, especially in my Connecticut market, this isn...
Eddie Lehwald
2/3 roommates broke the lease, how to handle?
2 of 3 roommates in our house-hack duplex left unexpectedly last month. Roommate A gave no notice (to us or the other roommates) and just bounced, Roommate B is moving back to Colorado because he got in a car accident...
Susan O.
Writing off Out of State Travel?
I ave a triplex in Texas I fly out to 4 times a year. I was wondering if it's OK to write off all of flight. I go mainly to meet with managers and do improvements.Would it be OK to writeoff the Plane tickets? I was...
Marcus Fisher
Two Tenants: One Wants to Early Terminate
HelloWanted to reach out to the forum to get advice on how to proceed. I have tenants in a rental property I own in Pittsburgh, PA. THey are married but getting a divorce. One of the tenants has been living outside...
Tony K.
How many of you are using ARM loans for fix and flip projects?
I'm currently looking into 3/1 ARM loans (2.65% interest from local credit untion) to purchase and sell some fix and flip houses, rather than a a conventional 30 year fixed loan (3.9% apr) to save on interest rates. ...
Cassandra Ramirez
Purchasing A Property Already Approved For Section 8
I am in the process of acquiring a duplex in Hagerstown that has Section 8 for one of the 2 units. The question is, does anyone know if there is special paperwork I have to do to make sure it stays Section? I plan on...