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13 November 2018 | 2 replies
What do you do when a large investor in your market is discovered to have not disclosed material defects and hidden those defects?
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13 November 2018 | 1 reply
Sell- After sales fees etc we will walk away with approx. $91K - Much less then the initial down payment and what we have paid since 2007.Keep renting - We are on the low end of rent still and could probably raise if another $25-$50 per month within the next year - other expenses - HOA- 1,120 annually ; Home Warranty - $755 annually OR something else?
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15 November 2018 | 3 replies
There are a lot of local nuances that only a local attorney would know, plus the fees are usually not high enough for an out of state attorney to even take the file.
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14 November 2018 | 7 replies
I’d like to consider wire transfers, Venmo, PayPal Payments Advanced, etc. im wondering what others are using to avoid these high merchant fees.
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26 November 2018 | 15 replies
A few responses stating that I can bring deals to investors and use the fee to invest with.
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16 November 2018 | 8 replies
And house would be still cash flowing $160 a month at 89,000, even after taking off property management fees and all the other costs in the BiggerPockets rental calculator.The owner told us he would feel better giving us the house at $81k. $3,000 less than we offered.
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18 November 2018 | 15 replies
Don't we lose profit when we keep refinancing to the bank fees?
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13 November 2018 | 2 replies
On the one side, LL's need to get comfortable paying for value and stop chewing down reasonable fees which are necessary to make the business model perform and prioritize the property.
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15 November 2018 | 9 replies
This includes owner-paid utilities, maintenance, repairs, capex, advertising, legal fees, etc...
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23 November 2018 | 10 replies
Advantages of syndicationMuch higher ROI to GP: They usually invest in the deal, so the ROI based on their fees is much higher than the ROI you would receive by purchasing a 20 unit with your own capital)Ability to acquire larger propertiesCons (sort of) of syndication Higher barrier of entry: need enough experience and track record for others to trust you with their moneyMore responsibility: you are using other people's money, and not just your own capital