Rob Chiang
Fee-Management companies- How to you prospect Owners?
Fee-Management companies- How to you prospect Owners?What are you having the most success with?cold call/ mail/ print/ online ads, etc.
Ryan Sun
Inquiry About Receipts and Fees from PM Company
As a new real estate investor, I recently bought a SFH and hired a PM company to handle it. I'm wondering if it's common for PMs to provide detailed receipts for each project, and if it's reasonable to request them. I...
Caleb L.
Wholesaling Advice. (Contracts)
Hello, I'm learning about wholesaling and I have a few questions. When you get a wholesale deal under contract, should I just bring the purchase and sales agreement that BP provides? Or should I bring the TREC contrac...
Nathan Estochen
Previous Owner Keeping Money?
Hi all,Just closed on my first multifamily on Sept 6th. With rent already collected for the month of September, I was expecting 80% of that rent being sent to me (24/30 = 0.8). Having just received that check I come t...
Jacob M.
Does 50% rule work in Texas / Houston?
Hi Everyone. I'm looking at a 4-plex in Houston area. When I run the numbers I seem to get expenses (including vacancy) that is usually 55-60% of gross rents. I think this is partly due to property taxes that are...
Andrew Scott
Lease Option or Sell?
Hello BP and thank you for any replies. I've researched the forums but couldn't find a solution to my particular situation. I'm also new to REI so Lease Options and other strategies are still a bit foreign.Situation...
Account Closed
Best Plan For A New Investor?
For a new investor with good credit but limited cash to start out with, what's the best path for building wealth and being able to finance multiple properties (say 1 property a year)? I don't want to get myself st...
Gregory Butterfield
Super Noob Question - Closing Costs
Hi BP!I am having trouble finding a good explanation of what constitutes closing costs. What factors effect the amount of the closing costs? Is it based on the sales price of the property or the amount of the loan? Is...
Bob E.
Question Regarding Phoenix Rental
We have a property that rents for 2k a month here in Queen Creek (Phoenix) that we expect to turn over in the next few months. We have a washer and dryer in the property but no refrigerator. I would like to get rid o...
Reuben Stone
Managing Condo Associations
I am the owner of a fairly new property management company and we have the opportunity to mange a 40 unit condo association. While this sounds like a great offer I am beginning to get the impression that I will be doi...