Sharon R.
Operating agreement, Any Experienced CRE Investors In The House?
Hi, This is a bit complicated... Multi Family purchasing, Have you ever prepared an OA for your LLC when adding a member that isn't investing money***? It is common when the deal is bigger than your normal practice an...
Mike Schorah
Less Cash if Refinance BRRRR Before 6 months with HML or CU?
Will you get less cash if you refinance a BRRRR before 6 months with hard money or a credit union?On BP podcast episode 567, David Greene said that you can do a cash out refinance on a BRRRR before 6 months by using h...
Krystof Pilisiewicz
Buying a Condo in Tampa? Pros and Cons..
Hi Everyone, I wonder what are your thoughts on buying a congo in the Tampa area and renting it out. I am planning to do this but my mortgage lender said that when comes to condos they require a 30% downpayment becaus...
Grant Fjetland
Indemnity Clause in Property Management Contracts
Hello BP Community,I have been vetting some property management companies (Manager). When looking at contracts, I am seeing a theme of indemnity clauses. The Owner would be on the hook for the negligence of the Mana...
Ryan Horne
Subject To/Owner Finance & BRRRR
Hey All,
I'm a big proponent of the BRRRR strategy. I started acquiring my first personal units last year & am now up to 6 single family units doing BRRRR the traditional way. Getting my cash back out of each d...
Bridget Huebner
How should I handle this property?
I need help deciding what to do with my next property.So picture me this:A 4 bedroom, 2 bath house in a desirable Redding, California neighborhood. Just down the street from a new popular shopping outlet. 1,900 Square...
Rik Patel
How to Transfer Property from Family
Hi All! I have an family member that's willing to put me on title of his property, however, we don't know if there is any taxes that are due with this kind of transfer. It's paid off and we're thinking of just doing a...
Som Jafari
Gas piping insulation on roof
Hey guys, I'm buying a duplex in Vista Ca. Is insulating the gas pipes on the roof something I can do myself ? I wasn't able to find any good tutorials/videos on the subject. Does anyone know what kind of material I s...
Ryan Galloway
1031 Exchange Question
Hello hive mind,
I have a question about 1031 exchanges: is it possible to sell a property and 1031 the proceeds into another property we already own to pay off the balance? If the answer is no, are there any tricks ...
Jeff Kissling
My Rental Property Flooded
Looking for advice.... My rental property flooded. The toilet (feeder line) broke on the 2nd floor while the tenant was not home and did quite a bit of damage. The unit needs all new flooring/carpet,Sheetrock (walls/c...