Is this typical in property management contracts for retail investors?
General Contract Language
- Broad language allowing PM to receive and collect fees from tenants so long as it doesn't explicitly conflict with s...
Was wondering what's a going rate that property management company charges to take care of your property? I had few quotes anywhere from 25% to 10% - thanks !
I have a seller willing to carry back financing. What is the best way to do this in Michigan? The seller mentioned a land contract. I heard there are risks to the buyer with this option? Are notes a better option? Wha...
Here is an interesting one for you:I have a 4-plex under contract that currently has a cell tower on the roof. Looking at the disclosures, the owners set up leases to telecom companies for the tower and then sold the ...
I put a property under contract. The seller told me that he was the executor of the will and had authorization to sell the property. I assigned the contract to another buyer.
I ended up finding out that the seller...
I'm trying to figure out what a "fair" or at least typical split would be for the following deal:
Money partner brings money and guarantees the loan.
Managing partner does 100% of everything else. Creat...
Hi all,
Can you guys give me a better idea on these types of loans and how they work. Is it possible to get DSCR loans as a group? I want to try to invest with family members but want to get better informed before m...
I am closing on my first investment property in the upper Lawrenceville area of Pittsburgh. I was able to get a nice low down conventional mortage and negotiate a good deal under list price. I will be living their wit...
Hi Everyone!I have a unique situation and looking for advice. Long story short, I am Active-Duty military, got divorced and my ex-spouse was granted 25% of my future retirement. As of this year I worked a deal with he...
Hello BP Community!After lots of researching we finally narrowed down our OOS investing options to Atlanta and Memphis. We are looking at Atlanta as a slightly less cash flow but more appreciation and growth and Memph...