Anders Jax
Asking for 25% of GP equity for doing the fundraising?
The GP is just two guys and myself, who put to work about $5-10m in equity a year. I may be able to bring an LP who is willing to commit essentially more capital than we could possibly put to use with the size of the ...
Jai Coward
Who finances LLC's?!?!
Hello All,I am having a really foggy time understanding the process of getting loans for my newly established LLC. There is an offer I want to consider in Memphis, 4 rental properties, asking for $55k down, $120k fina...
Account Closed
Out of State Turnkey: Shocking Home Inspection report?
In the process of purchasing my first turnkey property out of state. Just got the home inspection report, and it sounds like a disaster. Water damage on the ceilings, wood rot, old HVAC, questionable roof, dead mice...
Nat C.
Hiring from craigslist?
I am staring renovations on a property this weekend.It's only a 1400 sq ft house in good shape and requires cosmetic fixers.I'm planning to rip up the lino and carpet and install tiles and repaint the entire interior ...
William Coet
Realistic Returns For Multifamily Syndication Investments
Hello,When investing with an experienced multifamily sydicator, what are the realistic returns for a 5 year investment of 100k? One operation I contacted is projecting a return of 200k (100% return in 5 years) which ...
Rich Weese
Contrarian view for real estate ownership. Life long investor.
I have been involved in real estate for nearly 50 years and have always been very positive about the future. I started at a very young age buying real estate and investing in more and more as decades went by. If I was...
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Biggest Problems With Tenants...
I am getting ready to rent out my first investment property and am trying to figure out what incentives, policies, etc. to put into my lease. I would like to hear some of the biggest/most common problems other investe...
Tim Wilkinson
Income verification
Hi all,I have a prospective tenant (a couple) that are both self-employed. Both parties (unmarried) gave me a copy of their experian report: 738 and 698, which is a good enough score, but I didn't pull the reports. Ho...
Wendy Schultz
Hardest Lessons Learned from Short Term Rentals
What have been your hardest lessons learned in short term rentals? I'd be curious to hear the experiences that others have had. I'd say my hardest lesson learned is overestimating how quickly a new property will reach...
Huy Thai
CAUTION: POSSIBLE SCAM
Hello BP,I wanted to share with you a possible scam I've noticed in the Houston market (could be others too). I have multiple properties vacant and have received calls from interested parties naturally. I showed one ...