Jan Lee
In calculating CAM, does Operating Cost usually include Property Tax?
Hi
I have a question regarding calculation of Administrative cost. The lease states that the tenant is to pay 15% of "all of the foregoing costs as an administrative expense" under the "operating costs". Would this i...
Jim Adrian
Bedroom Egress Windows Requirements 101
From time to time the topic of second exit out of a bedroom comes up and people want to know what is required. Here are the code requirements for the window. You will need to verify what code edition your local jur...
Ken Austin
Self-Directed IRA: Operating Agreement
I'm in the process of establishing an SDIRA, which will hold 100% of the member interests of a to-be-formed LLC. Does anyone have a sample "IRA LLC" operating agreement (or web link to an op agreement) which you woul...
Josh Chastain
Rooming House Columbus Ohio
For those familiar with Columbus Ohio. I’m exploring renting by the room. I believe the city requires a rooming house license but I can’t find any info online on how to obtain the license. Any info would be useful. If...
Cardiay Watson
Lease Agreement Month to Month
Looking for suggestions on lease agreements for month to month. Does anyone have any templates or sites they use for their lease agreements. I have used the bigger pockets residential lease for long term tenants but d...
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LLC's and out of state investing
When investing through an LLC, if you invest outside your state if incorpration, do you need to file a DBA (Doing Business as) or anything similar in the state you want to invest in? Or is it better to start another L...
Emanuel Blando
Local Governments Restricting STRs
On 5/3/2023 the City of Kansas City, MO announced that Short-Term Rentals will be completely banned in ALL residential zoning! I had not taken it seriously until I read a couple of articles outlining their plans. Mo...
Austin Hughes
Legal Requirements to Manage Short Term Rentals
Hey, BP Fam! :)As I've discussed in another post, my mother and I are getting a short term property management company going in Houston. It will be similar to hospitality services.What requirements do we need to compl...
Eduardo Sandoval Ramirez
Wholesaling as a non U.S. citizen
Hi, I wanted to see if someone knows if wholesaling is possible for a non U.S. citizen, Thanks in advance.
Cory H.
Mobile Home Park - Convert from Park Owned Units to Tenant Owned?
Hi,I purchased a mobile home park about a year ago. Things have gone relatively great. There have been a few hiccups as I expected there would, but nothing that I couldn't figure out with some help from my awesome p...