Miles Williams
Happy to have Found BP!
4 February 2025 | 6 replies
.), the places im looking at are decent $ properties that after running through calculators etc showing 18-22% CoC after management fees etc.But after listening to BP for about a month, now thinking BRRRR possibly and doing up here in the DFW area.
Blaise Bevilacqua
First deal (thoughts?)
27 January 2025 | 3 replies
-Management is low - you'll need at least 10% plus leasing costs - typically a month's rent for each lease-up, and sometimes a renewal fee as well-Insurance seems low-Are taxes accurate?
Anderson S.
Breaking Through Financing Hurdles with Expert Mortgage Brokers
22 January 2025 | 0 replies
Overcoming Common Financing HurdlesMortgage brokers excel at tackling challenges that often derail new investors:Low Down Payments: Brokers can find lenders offering low or no-down-payment loans, ideal for new investors with limited capital.Complex Income Streams: If you’re self-employed or have variable income, brokers can identify lenders that accept alternative documentation.Competitive Rates: Brokers have the leverage to negotiate better rates and fees, saving you thousands over the life of your loan.Pro Tip: Communicate your investment goals clearly with your broker so they can tailor their search to your needs, whether it’s a short-term fix-and-flip loan or a long-term rental property mortgage.3.
Ogonna Odo
Paying Contractors with a Credit Card
18 January 2025 | 8 replies
I have done it with some contractors taking Paypal where you can use a credit card on that site with a fee, or QuickBooks is another one too.
Arron Barnes
Anyone using RentRedi for rental payments? Good or bad?
19 January 2025 | 17 replies
@Shmou N.ShmouYou can collect Rent and all other fees; Utilities, parking, or any other fee needed.We don't currently have a notification of the deposit but I will add it to our develoemt roadmap and you will see it in an update.
Sarah Ali
Found potential first property - need help on how best to approach selelr
25 January 2025 | 6 replies
As far as whether to approach them with or without an agent - approaching them directly without an agent can save the seller probably 2.5-3% of fees, which give you some room to negotiate on the price, but you need to be confident that you are capable of evaluating the property value, estimating on the amount of work that is needed, knowing how to negotiate/ structure the deal, and navigating the closing process.
Erick Armando Gonzalez
Tenant Ignoring Renters Insurance Requirement – What’s My Next Step?
5 February 2025 | 21 replies
This may result in late fees and eventual eviction if not cured within the legally provided time.
Jose Mejia
refinancing a property from hard money lender
12 February 2025 | 23 replies
The fixed expenses include Principal, Interest, Taxes, Insurance, and Association fees if in an HOA.2.
Chris Shon
Do I need a Real Estate Tax Accountant?
28 January 2025 | 20 replies
And @Michael Plaks is correct that setting up in GA didn't avoid the CA LLC fee.
Melissa Odom
Needing Advice on Commercial Project
11 February 2025 | 14 replies
Do they charge a fee since there is no commission on their end?