Lane Beene
Profit sharing for passive investors
I am joining forces with several investors for the purchase of an apartment building. What is the typical arrangement for distribution of cash flow, profit sharing, and sales proceeds? My template is: 8% quarterly...
Ryan M.
Renter Refuses To Pay Late Fee, But Pays Rent
Hypothetical Question.You have a renter and they are late with a payment. You charge them a late fee, but the next month, rent shows up on time but no added late fee. What do you do?Is it worth evicting someone over...
Carol Fenimore
Cleveland Heights, OH?
I'm interested in investing in Cleveland Heights, OH. Specifically duplexes, triplexes, etc. Does anyone have recent experience with investing in this area? I'm a bit worried about the higher unemployment rate in C...
Nathan Vaughan
Single family to multi-unit conversion — San Diego 1st investment
Hey there!I live in Logan Heights neighborhood in San Diego. I’ve been a homeowner since 2013. We got a great deal on an big old home on big lot. I’ve been restoring and remodeling it for about 7 years. Didn’t really ...
Blake Grzybowski
How To Find Land Value?
I'm starting out in wholesaling and I have a seller looking to sell a property where the home had a gas explosion and is completely destroyed. I tried getting a price out of the seller, but they have no idea and are c...
Gareth Fisher
Fire Sprinkler Systems
I recently put an office building under contract at a good price. The plan was to convert it from an office building to a 4 unit apartment building. It had plenty of parking and the building was in decent shape. D...
Sophia Wang
Pest control
We just got a buy-n-hold property (SFH) a few weeks back, and the rehab is done. We did notice there are mouse droppings throughout the house, both 1st and 2nd floors. The house was empty for over 6 months with no foo...
Manny Su
Advice needed - First time commercial buying
Hello Friends, First time here. Seeking your advice. My agent got me a Family Dollar property near a town 25 miles from houston texas. With a Cap rate at 6.5% , this property built in 2010 with NN lease is costing ...
Sagar Joshi
Tenant wants to leave because of noisy neighbor
I am currently renting my 1 bd 1 ba apartment in downtown Chicago. I have a very noisy (mentally sick) neighbor living in the unit downstairs. He's a miserable lad who used to be a wife beater and we called cops on hi...
Samuel Mallery
Baltimore area investing
Hey there!New to BP and to Real Estate investing but was looking to move into Baltimore, MD and start my journey with a house hack. My plan is to move once my lease is up at the start of 2021 and buy a single family h...