Todd Jones
Need Help Evaluating a Potential 14 Duplex Purchase
I am currently evaluating a transaction to purchase 14 brick duplexes in a package deal for $1.6 MM. Eight of the 28 total units are 2 BR/1 1/2 BA and the remainder are 3 BR/1 1/2 BA, with rents ranging from $650 - $...
Ana Vhan
A tight comprehensive lease agreement
How do we ensure that we have a comprehensive lease agreement in place and we have covered ourselves from all the potential liabilities? Is there a good template for Arizona that is comprehensive? If not, should I get...
Eric Jackson
Possible Short Sales Scenario? Armslength, Seller eval?
Looking for the BP community's feedback on a couple topics in the short sale process, specifically related to a property I'm working through.Here is a little context to the situation. Seller is my father (please cont...
P.J. Bremner
SoCal Buy and hold lenders - couple of quick questions...
Hey BP,I have been making tons of phone calls with local banks, over 15 now and have yet to run into someone that is lending non-conventional residential non-owner occupied "portfolio loans". I did run into a guy tha...
Jeremy W.
Insuring Your property when you do Airbnb
Most people are asking us: Does our current property insurance protect our home when we do Airbnb/VRBO? From everything I've read, the answer is no. Is this what you guys are finding?We've come across this question ea...
Jason Lowery
Analyzing batch of 14 low-income SFR's (conservate assumptions)
I am analyzing a low-income rental(s) deal I stumbled upon yesterday. All properties are under the same LLC, sold as a batch only. The current monthly combined rent is $5,745 although I'm still trying to find out if a...
James Peoples
Need advice wholesaling fully rented houses
owner wants to liquidate rental properties
Motivation age/tired of managing properties.
How do I wholesale a property that's tenant occupied? Need advice
House1
2/1 850sqft
Price: 80,0...
Jenna Lee
Closing Attorney for closing a loan?
Hi I am refinancing one of my rental properties that I have out of state. I am using a lender at the state that my property is located. He asked me if I wanted to fly there to close on the loan, I told him I wanted to...
Brandon Pelato
LLC structure for AZ rental properties?
Can’t find this specific question in any forum:For someone starting to build their portfolio, what do all of you AZ investors suggest for LLCs when having multiple rental properties? I’ve heard it’s best to have an LL...
Jonathan Trimboli
Single family homes to apartment complexes
I’ve listened to podcasts where David Greene has talked about taking 50 or so single family homes that he has BRRRR’d and then using them to purchase an apartment complex. Does anyone have any experience in doing this...