Marcus Auerbach
Why getting into real estate primarily for cash flow is wrong - and even dangerous
6 February 2025 | 87 replies
Additionally, I collect a $3900 - $5900 option fee which helps lower the amount that I personally leave into the property and if there is a turn over and the tenant buyer doesn't exercise the option, and there needs to be repairs made to turn the property over, I usually recoup the cost of those repairs with the next option fee of $3900 - $5900 from the next tenant buyer.
Corey Goldstein
Satanic Rituals In This House!
15 December 2024 | 19 replies
SRA might be an enhancement since the perpetrator committed a crime in the name of their deity?
Gregory Schwartz
Could Redfin be correct predicting 7% interest rates in 2025?
22 December 2024 | 24 replies
Meaning once they get properly underwritten they'll be pressing DTI limits.Those two are not going to be reason the pent up demand gets exercised; if rates drop significantly and quickly it's for a net negative reason and likely job loss so those "pre" qualified and approved are likely on shaky grounds and buyer expectation shifts happen to the one's that are extremely well qualified.
Sammy Sadovia
Here to Learn, Read, and Grow!
7 December 2024 | 7 replies
Welcome,BP is undoubtedly an excellent platform for both networking and enhancing your knowledge.
Joel Arndt
Master Lease Agreements in Ontario
10 December 2024 | 5 replies
I manage the property and the tenants, pay the owner of the property a rent that meets their mortgage plus a little profit, charge fair market rent from the tenants I sublet to, and exercise an option to buy the property after a predefined term and at a predefined price.This way tired landlords don't have to manage their property anymore, and I start investing with little to no money.
Vivian Yip
Mid Term Rental Knowledge sharing
10 December 2024 | 10 replies
It is really targeted at gross overuse. for sure. i just ensure it's in the contract to that I can exercise the RIGHT to charge it if I want to.
Alec Nault
STR Property Partners - Property Management Group
9 December 2024 | 15 replies
Exercise caution and explore alternatives before considering them
Maria Jeanette
Hello BiggerPockets! New PRO here
9 December 2024 | 16 replies
That is the best way to enhance your learning and connect with real people doing what you are doing.
Constance Kang
My Experience of Rich Dad/Elite Legacy Event Scam
14 December 2024 | 101 replies
The resources we had:- a bank (conventional) that lends money up to 35k for 650 credit score- hard money lender with APR 120%- seller/community (who acts like he doesn't want to talk at all)- a real estate mentor that costs $35K to useThe "answer" to this exercise was:Use personal credit to borrow from the bank and spend the $35k on mentor, and then mentor has the "connection" with the community bank to negotiate a deal and brought a 70K property for 40K with FMV of $140K.
Thomas Haessig
Which offer should I go with?
8 December 2024 | 9 replies
This exercise will help you establish which of the two properties best aligns with your long term goals.