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Alternative to personal phone number for direct mail/ bandit signs/ etc
Hello everybody,When it comes to listing a phone number on your direct mail/ bandit signs/etc I'm assuming most folks don't use their personal number. What do you use or recommend as an alternative?Google voice or a p...
Tyler Wenzel
Exit Strategy for a 1br duplex
Hey all, I was approached last night about a seller financing deal for a 1/1 duplex in Madison, WI. At this point I don't have the details to actually analyze the deal, but was hoping to get advice on exit strategies...
Mil Sanghvi
**JUST BOUGHT A 10 UNIT APARTMENT BUILDING NOW WHAT???
Hi BP,I JUST BOUGHT A 10 UNIT APARTMENT BUILDING!! NOW WHAT DO I DO TO TRANSITION??I am closing on my biggest property yet (10 units) on October 15th. I am uncertain as to the exact steps to follow when you transition...
Ken Virzi
Why use percentages instead of real numbers?
When crunching the numbers all I seem to see people using are percentages. Obviously some things are, such as mamagement. But most costs are t based on percentages. For example, a roof costs the same for a building th...
Ed Maione
Massachusetts Closing Costs
Hi all - I've been shopping around for financing options in Metro-West Boston and stopped into DCU for a general quote and to ask some specific questions. We ran the numbers on a $300,000 purchase, 20% down, non-owner...
Ashley Johnson
What ROI do Buyers Want on Buy and Hold Rentals
Hi BP family,
I'm getting properties both on and off market, and many of them rentals. I know how to calculate for flips, but what ROI do buyers look for on buy and holds rentals? What cap rate, C.O.C., etc? When ca...
Nicholas Kuton
Numbers
If I am duing my due dillgince on a property . Wha numbers exactly am I looking at? Is their a funnel I can apply when it comes to " Knowing my Numbers " ?
Robert P.
Investment Margin
I'm looking at a place that will bring in ~950/month after mortgage, taxes, PMI, home insurance and water/sewage.Fully occupied with long term tenants, and no major outstanding maintenance that needs to be done. Would...
Rebecca Brannon
sloppy vs dishonest/retrade
At what point do you come to believe a sloppy seller is being dishonest? The offering document was based on higher rents and lower expenses than the seller's tax returns or the current leases (now produced, mostly) w...
Henry M.
Wholesaler Will Not Disclose Assignment Fee to Cash Buyer...
So I just got off the phone with a Wholesaler (of 14 years, according to him), and asked about a property of interest. This property has been reduced $13K (interesting)...Here's the conversation:Me: Is this an assignm...