D.C. Floris
Do you guys use rendered floor plans?
Hey everybody,
Let me start by introducing myself. I am from the Netherlands and make 3d visualizations and rendered floor plans. I hope you guys can help me with a small question about real estate marketing in the U...
Linda T.
Tenant Storage Value Add
This is probably an unusual question, but have any landlords added rentable tenant storage space to their existing apartments? If so, what are the sizes of your "storage units" and the associated monthly rent charged?...
Don Young
Legality of language in Ohio lease?
Hello BP,A friend of mine said his long-time landlord recently asked him to sign a new lease. Their rental agreement had been mostly unwritten and verbal up to this point. The landlord only gave him the last page of t...
Rob Chopra
Cleaning Unit for Turnover
I'm curious what you all, who have property managers, are charged for a cleaning of your condo whenever you have a tenant turnover?
James Noe
Buying a REO from wholesaler - deed still in process
Forgive me if this is in the wrong forum.We are looking at a triplex that went through the bank and was bought as an REO from an out of state wholesaler. He said the deed is not in their name yet, it is still in proce...
Eikichi Takuya
Why not just write an option contract instead of using escape clauses?
I spoke with a lawyer in regards to the idea of "wholesaling" properties and his take was to just write an option contract outright rather than create what is essentially an option contract by including an escape clau...
Jacob Dame
How People Acquire Over 10 Properties a Year
What in the world am I missing out on? Look at this article: http://www.businessinsider.com/college-dropout-bui...This man dropped out of college after his sophomore year (I'm starting my junior year) and began inves...
JT Spangler
Yesterday I joined BP, and today I offered my first SFR -- thoughts?
I made my first offer on an investment property today. It was an unusual one, but it's an unusual situation. A guy has been rehabbing this property near my old neighborhood (aka, in a neighborhood somewhere between...
David Jenkins
Help with understanding Cap Rate in it's simplest form
Hi -- Can someone please explain how I'd be able to figure out a cap rate on a calculator as if I were a 5 year old?I've seen several other investors try to explain this and it still looks like Chinese to me (and I do...
Jon Magnusson
Rent was due yesterday
Hi all,Here's a quick one: I have had a tenant in for about 5 months now (on a 1 yr lease) and they have always been early with the rents. This month they have not paid (was due yesterday). Late fee kicks in in 5 d...