Robert Lenfestey
Prohibit Unrelated Adults
Hi, I recently had 2 roommates move into one of my SFRs. This was their first place after college and they treated it like a frat house. It was awful. I would like to prevent this situation by prohibiting unrelate...
Darrell Brown
House Hacking Liability In Time of COVID
I am buying a house this week. I am planning on renting out several of the bedrooms. I have been thinking about what ramifications the virus may have in a house hacking situation. Obviously, the health risks are re...
Dustin Beam
How do you base your offer (Re: Pro Formats)
Hello beautiful people of BP, Sorry for the auto correct in my title, I can't fix that, but "Re: Pro Formas" I hope to be in a position to buy a smaller (10-15 units most likely) apartment building in the next 6 month...
Bryson Williams
Utilities to Pay or Not to Pay ?
I am getting started in rental property investing as drawing my first set of lease agreements currently. Should I have my tenants pay all of the utilities? I know it would make the most sense to have them pay but I am...
Brad Pethke
Rent Collection Options
What are other ways to have tenants pay rent other then cash/check? Or how are you collecting rent?
Lynn Wong
Leasing contract to section 8 tenant
Hello everyone, I just accepted rent from section 8 and we will have inspection next week. I am preparing the lease using BP California Lease. It’s 12 pages long. I think it includes everything I could think of. Here ...
Julio Gonzalez
Tips on How to Avoid an IRS Audit
When most of us think of having the IRS audit us, we get anxious. Audits can be very expensive, invasive and ultimately time consuming. Some audits are inevitable. However, there are multiple preventative measures tha...
Jeff Brown
New Construction - Duplex
How do you figure out if the duplex that your building will be worth it? I’m estimating it will cost me about 350-400k to build and rent for about 1700-2200 per unit. Any help will be appreciated. I am having to put a...
Justin O'Malley
401k -> self directed IRA -> Rental Properties
Hey folks! I was wondering if anyone has a little more info on how you can effectively use 401k funds to purchase my first property. On the podcast they discussed a self directed IRA and it definitely peaked my intere...
Mason Liu
Syndication & Private REIT Key Terms & Definitions (Glossary)
Hey All,
Wanted to provide a quick glossary of key terms relevant to Real Estate Syndication deals and their definitions. These are important to understand when evaluating the high level details of a syndication dea...