Danth Aman
Real estate agent is representing buyer and seller. Seller is the real estate agent.
21 January 2025 | 8 replies
The Chicago Association of Realtors'® specifically state "When you become a Dual Agent, you owe equal fiduciary duties at that point to both parties in the transaction, and you lose the ability to negotiate for, strategize and advise either one."
Robert Zajac
Managing my manager - how to best approach maintenance requests
21 January 2025 | 10 replies
Even if they could save 5-10% on that $800 bid, which is $40-$80, if it took more than 1-2 hours they'd be losing money doing it because their time is worth at least $40/hour.In our opinion, it really depends on the level of urgency and the size of the bid.The more urgency, like no hot water, the less time the PMC has to get multiple bids.The bigger the bid, the more likely it is an owner should expect multiple bids.An owner has to be realistic, understand and accept these limitations.
Patricia Andriolo-Bull
Thoughts on Host Tools
24 January 2025 | 10 replies
VRBO is having a bit of a glitch right now and loses connection at times.
Arthur Crum
RAD Diversified SCAM ALERT!!!
20 January 2025 | 242 replies
It looks like I may lose both investments.
Grant Shipman
6 Mistakes Every Co-Living Investor Makes... & How to Avoid Them
22 January 2025 | 0 replies
Wrong Property Management ApproachIt doesn’t matter how good the people who are doing the property management are, if they are not using a property management approach designed for co-living, everyone loses.
Jeffrey Farkas
2nd lien foreclosure
17 January 2025 | 5 replies
If the 1st then goes into foreclosure, you are in deep trouble, you have to pay it off or lose your money on the 2nd AND lose the property. 6.
Charles DeRiso
Anyone hear anything about iintoo?
22 January 2025 | 7 replies
Normally, companies keep changing their name after losing all investor’s money.
Spencer Cornelia
$50k Loss on First Two Flips | Out of State Investing Gone Wrong
19 January 2025 | 9 replies
I detail here how my first flip essentially bankrupted me which resulted in this house losing money as well.It’s easy to blame others for all that went wrong.
Jonathan B.
STR Depreciation/Bonus Depreciation Question
24 January 2025 | 11 replies
As a matter of fact, you might be losing future depreciation by accelerating it now.
Leon George
New to BP Community
24 January 2025 | 13 replies
.- They often get sold Class C or D properties while using Class A assumptions - then wonder why they are losing money.Here's some copy & paste info that you hopefully find helpful:-----------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?