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Results (10,000+)
Brad Caudle House flipping as an agent
26 July 2024 | 4 replies
The juice may not be worth the squeeze to save money.A good agent will be worth the cost you might spend, but you can also work with a good wholesaler as well.I would recommend that if you work with a real estate agent, treat him/her as a teammate and not a tool in a toolbox or someone disposable.
Jon Brys Storage Deal (First Time Underwriting) @Henry Clark
26 July 2024 | 0 replies
See attached Excel summary sheet.Investment Highlight89% Physically OccupiedSupply Index in a 3-mile radius of 6.8 SF/Capita, 5-mile radius of 7.7 SF/Capita, and 10-mile radius of 8.3 SF/CapitaAdditional Income generated from 4 mobile home lots and 1 mobile home (Not Verified, as thus not included in underwriting assumptions)Key Underwriting AssumptionsDown Payment 25% of Purchase PriceEstimating a CAPEX/Repairs cost of $150,000Estimating Operating Reserves of $10000Stabilized Vacancy and Concessions/loss to lease at 10%Using a cap rate of 7.23%Key Demographic DataTotal Square Footage 21,130 Supply Index: 6.3Population 3,338 1 Yr.
Hamada Beeka Can a Landlord rent out his house while it's in a contingent sale transaction?
22 July 2024 | 13 replies
Tell them you want your deposit back in full plus compensation for them breaking the lease and any extra costs you incurred (eg did you have a cancellation fee for movers-I doubt it as you said you didn't know when you planned to move in).
Denise Holder Are excessive Realtor fees? I'm the "seller"
24 July 2024 | 18 replies
A buyers agent, even if compensated by Broker for Seller, will represent the interests of the buyer.Under : "Sellers Estimated Costs" she's got me paying $1,925 in fees. ($675 preparation of deed) ($650 transfer tax) ($300 settlement fee) ($300 notary fee)Also in "Sellers Estimated Costs"  "brokers fee" is listed as "$4,000"   rather than 6% or $4,000 as if the 4k is just a flat rate.I feel this gives her no incentive to sell my property at the highest bidder.
Matthew Banks How to manage expenses across multiple properties, LLCs, partnerships, etc.
24 July 2024 | 11 replies
One QB Plus subscription will cost you about $65/mo.
Daniel Mendez Rental Insurance: How much liability coverage do you ask for?
26 July 2024 | 3 replies
Also, any idea on what the monthly cost for renters insurance? 
Thomas Magill I'm looking to become an expert in finding infill lots to build on
25 July 2024 | 16 replies
Tommy,Check out PropWire - https://propwire.com/searchIt's a free data source and you can pull a list of vacant lots by zip code, county, city, etc.
Derrek J Hooyman What are the best ways to get estimates on contractors before buying a property?
25 July 2024 | 3 replies
However, I'm struggling to determine the costs of rehab if I would have someone do it like drywalling and more extensive BRRRs. 
Brett Reade Hello BiggerPockets! New PRO here
26 July 2024 | 13 replies
California offers equity building, potential appreciation, and stability, but high entry costs and market volatility are downsides.
Terrance Powell Newbie Eager to Learn and Grow in Real Estate Investing!
23 July 2024 | 5 replies
Feel free to reach out if you need any advice!