How would you normally compensate your renovation manager? Is it based on total rehab cost, like 10%?
Hi Guys, I need a little mentoring please..... I bought my first commercial property last year and the realtor helped me setup my property fees etc. Well, now it's 2019 and my insurance has gone up a little plus I a...
BP Community, I finally decided to take that leap of faith and start actively pursuing real estate deals. More so out of state real estate deals for cash flow after reading David Greene's book. I sold my primary resi...
Is that the rule of thumb?So for a 2-story house with a basement unit (combined for a total of 2 units) with a market value of $550,000 that also has 6 parking spots, 3 indoor and 3 outdoor I should be able to collect...
Hey everyone. I'm learning about real estate investing and want to learn more about being a landlord and buying properties right. I'm convinced single family homes are not for me. I'd rather leverage my income in a du...
By default, Airbnb charges hosts a 3% service fee then charges the guest an additional service fee. Airbnb gives hosts the option to be charged a 14% service fee so that guests do not have to pay one. Has anyone exp...
Hi all,I'm looking to refinance and I just want to understand the Closing Costs and Cash to Close details. The estimate of the Closing Costs and Cash to Close are wildly different in the Closing Disclosure that I'm lo...
Last year I came here to BP when my marital home wasnt sold yet. Well update! It sold in November, however I had to split the profit with husband so I have some capital, but not enough for me to purchase properties wh...
We are brand new to real estate investing (primarily focusing on rental properties), although we've been educating ourselves for a while now (located in upstate of South Carolina). As we're trying to get started, we'v...
Is simply applying the 50% rule running the numbers? In other words, can I simply calculate what my P&I will be and as long as it's 50% or less of the expected rent, then the deal has potential? Can this replace...