Glen Michael
Acquiring another property management company, thoughts on best method to use.
5 October 2024 | 2 replies
., but we thought initially it would be best to offer a cash down amount($20,000) and then offer a percentage of revenue over a three year time frame. (50% of management fees collected: yr1, 30%: yr2, 20%: yr3) until the balance of the "acquisition" price was met.Again I know I've left out a lot of info but this was just to hear some ideas or previous experiences.Some generals:Approx. 100 doorsMost are 2yr leasesMost are long term clients of the current companyAverage rent of $2300Thanks in advance and have a great weekend!
Cory J Thornton
Lots of Talk About Assumable Mortgages ...
4 October 2024 | 1 reply
While this sounds like a win, the number of cases where it is feasible are few and far between. 1) There is an application and approval process required by the bank for the loan to be transferred.
Kayla Utley
Traveling CNA for 8 week stay on Air bnb
4 October 2024 | 4 replies
What is the typical way to price something like this?
Christopher Morris
FHA Streamline Product
3 October 2024 | 7 replies
I tried looking into this from a few avenues and haven't come to a conclusion.
Heather Blankenship
Women's Speed Networking Event Meetup
4 October 2024 | 2 replies
I am SO EXCITED to be speaking at BPCON this year and meeting everyone who is interested in RV Parks... and all my ladies!
Karolina Powell
First time interested in a larger multi-family - how do I verify financials?
26 September 2024 | 17 replies
Platforms like BP, LoopNet or Crexi can connect you to brokers with access to off-market opportunities.Feel free to reach out if you need help navigating due diligence or financing!
Melanie Baldridge
What happens to your RE portfolio when you pass away?
4 October 2024 | 5 replies
In a time of rapid appreciation or a bull market this is where that 6 month piece can come in handy.
Rene Hosman
Planning & Tips - Post your BPCON Qs here!
4 October 2024 | 11 replies
I messaged you to see if I can help troubleshoot this for you!
D'Ondre Hart-Robinson
Ambitious Rookie Striving for Financial Freedom
24 September 2024 | 2 replies
FHA loans can be used to make entry more accessible, with a 3.5% down payment.