My PM firm is located in NC and we manage just over 800 doors. Our management fees have gone basically untouched for the better part of 10 years. Our firm has a very simple fee structure that includes 8-10% of RENT CO...

Need some feedback on a deal we're under contract with in Jersey City. We actually went to contract just before the pandemic hit the area.  Since then, we requested a 75 day extension on our due diligence, and the sel...

Blogger Andrew MacDonald, yesterday posted an article on the BiggerPockets Blog that is an absolute MUST READ for anyone considering spending their money on a real estate guru.

The article breaks down both the typica...

Hi BP Community! I am partners in a local Philadelphia group that has an apartment deal in Houston, Texas, and is currently in the capital raising stage.  While I have a network of accredited investors that I am speak...

Hi, All.  We are currently in an Earnest Money dispute.  We were set to close on a vacation/investment property and at the 12th hour (literally 2 weeks prior to us thinking we were to close), our lender said the prope...

This is a follow-up to my recent post about IRA audit myths. In this long sequel, I will discuss hiring audit and "IRS audit insurance."
1. DIY IRS audits.
Can you defend yourself against an IRS audit without hired ...

I have always bought/made offers in the West.Three different western states. Usually, I call my RE agent and give a verbal offer and terms, then I have a written contract to sign in my email box in couple of hours, or...

I am looking at rolling my 401k into a self directed IRA with checkbook control in order to flip properties.  I will be buying the properties using case from the SDIRA and reinvesting the profits back into it.  So I w...

Like the title says, how much do you pay your private lenders? I have seen that 8% - 15% seems like the average.

Now another question - is that 8-15% on the money they lend you or of your final profit?