Samir Shahani
10% for maintanence
I am always puzzled why people allot 10% of rent for maintenance... I've talked to so many people and read so many posts of situations where the allotment is 10% regardless , eg.Imagine a situation where the rent is $...
Account Closed
Tenant Paying Deposit in Increments?
Asking for parents and curious myself. They have a vacant rental SFH after a lengthy and expensive eviction. They finally, after 2 months now, found a seemingly fine candidate. However, the woman is asking if she can ...
Jonathan Bowen
Interesting question regarding an "agent bonus"...
One of the Realtors in my office is about to have an offer accepted, on behalf of her buyer, on a single family property in Brockton. The listing agent is offering a $500 bonus to the selling agent with stipulations. ...
John Mills
Hard Money + Owner Finance - Am I missing something??
looked at and missed a deal the other day. Cash buyer snatched it up. Here were rough specs:ARV 200KRepairs 15KSale Price 100KFor some reason, seller only wanted 80K at close and a note for 20K payable at 7%. Intere...
Stephanie Grady
What is this electrical panel?
Hi!We are looking at buying our second SF buy and hold rental property and have come across an electrical panel we haven’t seen before. My questions are... what is it? Does this mean the whole house would have to be ...
Kwame Searcy
Bought our first Rental Property
Hey Everyone,I haven't posted on the forum in a while because we were busy buying our first income property. It took a lot of prayer and a lot of planning. I spent hours on BP looking up various things in order to ans...
Angie Swader
VA's and Property Management
I'm not even sure if this would be the correct forum to post in but here goes:I am thinking about becoming a virtual property management assistant. I have 15 years experience as an on-site property manager in Califor...
Courtney Merricks
How long should I wait before sending second yellow letter if there was no response from the first letter?
Since I decided to take action with wholesaling, I mailed out my first yellow letters during the first week of march. I was wondering how long should I wait before sending out my second yellow letter if I haven't rece...
Jim Hart
referred to a property. Already listed with foreclosure agent.
A good friend told me of a property belonging to the family of his kid's friend. Father passed away a 6 months ago. I'm told by my friend: $70,000 back taxes due. I checked two most recent installments paid. Wife...
Lawrence Lloyd paclob
New member
aloha everyone,Name is Lawrence Lloyd paclob but I like to be called Lloyd instead of Lawrence, I'm a newbie in being a real estate investor on the island of Oahu, currently looking forward To learning and finding dea...