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Results (10,000+)
Neil G. Make an Offer on a Multi-Family Deal Without NOI?
14 February 2020 | 13 replies
Here is a rule of thumb:NOI = Gross rents x 50% (this is the 50% rule and it applies for properties in B/C areas; lower for A and new builds and higher for D/F properties)You can submit an LOI if based on this assumed NOI the deal makes sense.
Damien G. Contractor Quote / Estimate Fee for Repairs
11 March 2020 | 8 replies
The $89 sounds like the PM's fee for calling , scheduling , going to the site , and then submitting you an est . 
Natalia Reeck Auction.com process timeline?
12 February 2020 | 0 replies
We have submitted your contract package to the seller and expect the seller to sign within 10 calendar days.
Michael Downs Chicago, Cook County renting contract thoughts
16 February 2020 | 4 replies
.- Have applicant initial off on a copy and submit with the application.- Don't include any questions about criminal backgroundAfter processing the application, send out a credit approval/rejection letter.If approved, you may then obtain written consent to perform a background check. - If background check passes, send an approval letter.- If background check doesn't pass, send a 'right to dispute letter'
Peter Rodriguez How do you buy out of state?
14 February 2020 | 3 replies
I know, I have to deal with a random co-broke on every deal.Here is what may help to understand:Before a buyer becomes a client to me, we have had a face to face meeting (or a video call) so I understand what they are looking for and how the roll.
Kevin Zou Exit clauses for offers
21 February 2020 | 1 reply
Are you planning on using a realtor or will you be submitting the offers yourself?
Jacob Holler Multi family investing legal questions
14 February 2020 | 3 replies
When you're actually getting ready to submit a LOI, sort out the details.
Alan Matthyssen New investor in Torrance ca
25 February 2020 | 7 replies
So after attending those banquet room rented real estate venues, reading real estate and financial literacy books, and surfing youtube videos I have finally have come to BiggerPockets!
Kevin Boyd Removing negative reviews
17 February 2020 | 41 replies
I had a mold expert out already who has verified there isn’t a mold issue and immediately took video that shows no other issues.
Carlos Castañon Can't make numbers work for my first deal
16 February 2020 | 30 replies
To get good deals from brokers, you'll have to build good relationships with them and also establish yourself as a credible buyer.With regard to submitting low offers, the best advice that I can offer you is to speak with the broker and see what they say before submitting it.