Steve DellaPelle
Renting to my Handyman...Good or Bad Idea?
27 February 2018 | 14 replies
The second time I did this, I didn't discount rent at all, but instead I would take x amount of dollars off rent for everytime they performed one of these services, which they had to track and report to me.
Lala Weiss
Running the numbers as a newbie, Cap ex, COC, NOI oh my!
6 March 2018 | 19 replies
@Lauren Weiss he was the second or third Podcast quest I think.
Charles Lloyd
Newbie in South Arkansas
28 February 2018 | 12 replies
If turns out to be a rental (which is my expectation) then I will bank the cashflow and work towards the BRRRR strategy to add another property in the near future.What I’ve been doing lately to make dreams realty:-Listened to one or two BP Podcasts a day-Spent tons of spare time on Zillow browsing properties-Identified a single family property that has real potential to be my first deal-Gotten an insurance quote and dug up tax records on the property-Talked to a couple area realtors and chosen one whose background and experience best fits my goals-Toured the property-Crunched tons of numbers based on different scenarios-Arranged a second showing for tomorrow, with a local contractor who will be joining me for the showing to provide a quote on the work that would be needed.I am super excited for tomorrow!
Chris Corbin
Owner won't sell because of capital gains!
23 February 2018 | 40 replies
Your second question is yes as long as the two of you are not related parties you could in essence trade properties.
James Denon
How to approach a seller for zero downpayment
24 February 2018 | 7 replies
I would of course immediately call that lender directly (if I weren't myself a lender then I'd have my agent make this call; good agents have strong "the lender is throwing spaghetti at the wall" BS detectors) and drill down on how many 100% CLTV commercial loans said lender has done in the last couple years, and ask for property addresses so I (or my agent) could validate from public records (which takes ~5 seconds for a RE agent or lender to look up).
Harsh Patel
2018 Cash Flow Markets for Properties
29 August 2018 | 40 replies
@Chris Clothier Still running averaging now less than 6 miles a day took second in a big local race (first time ever ).
Seth M.
Tenant Mold Complaints Following Abatement - Advice please!
15 May 2018 | 27 replies
They determine the mold is due to; (1) tenants causing crazy high humidity basement humidity by running the dryer without ever cleaning out the lint trap and (2) not cleaning the bathroom- All mold is abated with bleach, a second dehumidifier is placed in the basement, carpets are lifted, trim is replaced, and we investigated behind walls.
Martin Saenz
Note Investing - Goal Setting
23 February 2018 | 23 replies
It's interesting you brought this up as I met someone for the second time at DME who I had met a few months back who fits the profile of the "investor" you're talking about.
David Molina
Beginner looking to invest in Los Angeles
21 February 2018 | 4 replies
Hello everyone, this is my second post on BP.
Isaac Geller
evaluation of multifamily property
24 February 2018 | 19 replies
The seconds reason is that the purchase is made without agent that usually charge 7% percent and this money is save to the seller.