I am starting to invest in Class C neighborhoods for the first time. (Previously stayed in Class B and above)What are some recommendations for screening tenants and rent collection?(Bigger deposit? Background Checks?)...
hello everyone, I'm a newbie looking into my first investment. I currently have been centering my search in more middle class areas, but the prices are a bit high. my question is this. how is it going into low income ...
Hi everyone,I am looking for an IRR sensitivity analysis template, any suggestions on the best place to find one?Thanks,Kyle
Dear BP Family, I'll soon be the owner of a piece of real estate, and want to enjoy the asset protection afforded by an LLC. Has anyone on BP been successful in transferring ownership of mortgaged real estate from t...
I own several rental properties all single family homes and considering another. However, I want to expand my real estate experience by trying a flip. My strategy is to purchase a foreclosure at our County Court Hou...
Hello BP community,
Is it me or do the sky high valuations on homes seem similar to the run-up during 2006-2007? It seems like the market is due for a valuation correction, maybe relatively substantial (10-20%)? Eco...
Selling my SFR, real estate agent put a total of 10% of the purchase price on the fee estimate. 6% for him and 4% for the buyer’s agent.
This seems excessive to me.
Is it?
Every google search yields “average of 6...
I'm wondering if someone can clear this up for me. I've heard people tell me you should use a buyers agent because it's "free" they take a split from the total commisions paid by the seller. I've heard people tell me ...
The cash flow purists are going to hunt me down and beat me for this one, but here it goes.
2 years ago I bought a property (foreclosure, on MLS) for 26K, put a ton of money into it but got energy rebates. Ended up...
Hi y'all! So my husband and I are going back and forth on this... one of our tenants uses her front porch area as storage. It is a MESS and is very unsightly. My husband wants to write her an official letter demanding...