David Roberts
Structuring partnership exith with cash buyout
Seeking guidance on how best to exit a partnership mid-flip and the tax implications I should prepare for.Detail and timelineI bought a duplex in January for cash - standard closing with the buyerIn May I let a partne...
Kyle Hauge
Offering additional insurance to guests
Is anyone offering additional insurance options to guests, such as travel insurance, extra liability, or any other types of extra coverage that are optional for purchase at the time of their booking? If so have you b...
Chris Anderson
Structure of real estate syndicate
Hey everyone - Looking for advice on how you have setup and structured your syndicates. Specifically, I am looking for the best formation to appeal to lenders. We obviously cant have all our limited partners underwri...
Angu Krishna
23% management fee
Hi Everyone,
I recently ventured into real estate investing and purchased my first property a few months ago. As my current property management contract is up for renewal and also my tenants leases is ending by end ...
Account Closed
How to invest in a sellers market/Metro-Detroit
I've just joined this community and from the Metro-Detroit area. I should also mention that I am a realtor and have access to my local MLS; a significant advantage since I have immediate access to the sales data. Se...
Teresa Oss
How to protect your property after closing with tenants??
Does anyone know how to protect your property when you close on a property and you have to give a month to month tenant a 30 day notice to move out? Worried about them destroying things. Insurance companies seem to ig...
Phil Pavarini
Where to find age-restricted 55+ rentals for 'seniors'?
I've owned and been managing rental apartments for nearly two decades. Never was into renting age-restricted units. This year we're building several standalone rental cabins and have been trying to advertise to the ...
Jordan Moorhead
Rent Increase Letter Minnesota
Anyone know how long before a lease is up we need to send a rent increase letter?
Dan Taylor
Offer accepted on REO, Bank took an additional offer, lost out.
Hello everyone, Friday afternoon I was informed my full price offer was the winning offer on a REO. I was told Friday evening we would have a contract to sign on Tuesday (today) due to the MLK holiday and earnest mone...
Justin Robert
Mobile Home Park Analysis
What am I not asking / considering? This is one of those old parks with lots of handwriting and little verification. I have the ability to pay cash, would most likely present both a cash and seller finance offer if d...