Alex Goncharov
Are my calculations wrong?
My fellow landlord invited me to help him with his units in Chicago as he has more than 100 units and managing them became a full-time job for him. It is not something the Landlord expected to be busy with. I am explo...
Paul Clements
I know I'm getting ripped off, but how bad is this?
So I recently met a realtor who I agreed to let act as my buyer's agent. She's probably showed me 7-8 properties and has put in a lot of time, been very responsive, etc. I assumed she would be making 2.5-3% commission...
Sean Putney
Question about lease holds
Hello all, I'm new to Bigger Pockets and to real estate investing at all for that matter. However, I have been looking at a potential property but I am confused by one thing. I'm hoping someone here may give me help m...
Matt Greer
what do you consider to be good rate from a lender?
I'm new to REI and one of the things that bothers me is not knowing if I'm getting a good deal from a lender. Starting out I kind of feel like beggars can't be choosers, but at the same time I'm not here to get taken ...
Janea L.
Minimum wholesaling fee
Hello -I came across a social media post where someone shared that 35k would have to be the minimum wholesale fee for them to go through with a wholesaling deal because anything below that would be considered "pennies...
Dan J.
What is most important to you when working with a property manager?
Hi All,
I am working closely with a company to identify what key factors are most important to us when choosing a Property Management company. I own 6 doors currently and know what I think, but I would love to hear w...
Buddy Holmes
Line of Credit Note wording
I have an investor that wants a line of credit type note. He would like a fixed rate, 30 yr amortization when using funds.That is fine but i would like some compensation when it is not drawn due to tying up the use of...
Aaron D Young
RE fees to consider if FSBO
Good afternoon,I am looking at a FSBO. The seller says they are flexible on the price since they are avoiding RE fees. Are the fees just the 6% RE commission or are there other fees I could consider when making a coun...
Denise Evans
Identify All Acquisition Costs Before Buying
For cash-on-cash evaluation of rental properties, it is critical to identify ALL of your acquisition costs. Here is a checklist. You might have additional items depending on your market.1. Cash portion of purchase ...
Henry Le
20% down payment deal analysis
Hi everyone,I'm thinking about purchasing a small 1,000-1,100 square-feet single family house for $150,000. I'm going with the 20% ($30.000) down payment and finance the rest through a bank. The estimate rent is $1,...