Hello to all you Bigger Pockets ROCKSTARS!! I am so excited to have found this amazing group of people to learn from, and grow with. My name is Jamie and I am a Realtor here in rural Michigan. I have been in real esta...

Hi BP, A few questions about Property Management companies.1) Is it common that each time they find a new tenant to move into your property they ask for a 1 month commission fee?2) What would be an example of a 1 mont...

Hello BP community! I am an aspiring investor looking to start out in STRs managed remotely. After a friend turned me on to the BP a couple months ago I started listening to the Real Estate and Rookie podcasts interes...

Question for the landlords and property managers out there. If a tenant offered to pay all 12 months of rent upfront on a 12 month lease. 1) Would you take it?2) Would you offer a discount for this upfront payment? If...

I am thinking about buying a townhouse or condo to live in for a couple years and then rent out later. I'm wondering how HOA fees come into play when calculating investment returns and/or cap rate. Should I just think...

I am looking to make a purchase and have been approached with a property from a whole seller. He gave is ARV and Rehab costs and a suggested price for his sale to me. The question I have is to what extent should a pro...

I recently purchased a 3-unit rental property in the Rochester, Ny and used conventional lending (bank loan with 75% LTV, 30 year fixed, 4.25% interest), I quickly learned this strategy has high closing costs (~8% of ...

Have about 3000 sq. ft of store front space in a heavy traffic area zoned for retail/office.  I've been using CL and Facebook adds and had some serious inquiries, but the space has been vacant since a used furniture s...

Hey BP!So a little bit of background - I have EXTENSIVE experience with Yardi as a property management program for my 9-5 job in apartment management. I can tell you from experience that a great property management pr...

Here's what I'm putting together for an apartment LOI, not sure what or if I should save stuff for the purchase contract:A) Purchase Price (high offer, almost asking price since there's already another offer on the ta...