Michael Newman
Deal Analysis -- 8 unit South Side Chicago,
Hey all, Hoping to get some assistance on the property analysis below. I like this property itself--recently renovated, big units, good area, and the $ per unit while on the high end has some comps likewise in the a...
Tucker Kincaid
Any STR investors in Destin FL?
Hello hello BP! Currently thinking about 1031 exchange to buy STR in Destin, FL. I was curious on some details:- occupancy%- cleaning fees- Average daily rateI would appreciate any help. Merry Christmas!
Wesley Pittman
Questionable Incentives for Agents
Hi,I'm just made my first offer on a property ever so it's my first time working with my current agent, let alone any agent, and I have some questions for the general community. My agent is pressuring me to work with ...
Mike Lee
When do you decide to sell a rental?
Having coffee over the weekend with a younger investor in Atlanta, I had a question posed that could be worth discussion here. This young man is just starting out in his investing journey, turning his former primary r...
Harris L.
What should I do next with a condo if hoa is increasing? quick analysis & discussion please.
Before coming to BP I bought 3 condos with HOAs.. and I'm realizing now why many people don't like properties with HOA... I have a question related to this.. one of HOAs have been increasing...started off at $278-4 ye...
Joshua Ellis
Choosing a Short Term Property Manager
I am trying to negotiate a better management commission fee for my short term rental. For a newly renovated ocean front condo they are wanting 20%. What would be the best way to negotiate down to 18% or lower?
Brent H.
What to do when guests leave behind personal items
It probably happens often but this is the first time a guest left a personal item found by our cleaner.In this case it looks like some sort of charger.Question: What is the best way to handle guests' personal items if...
Aayush S.
Current Commercial Loan Terms and Rates
Hello BP,I recently found an 8-plex property on the market and I'm wondering what the terms are for a commercial loan in order to get that property. So far I've been seeing 5-year terms, 20-year amortization, and belo...
Chris Gottshall
Explaining Extra Guest Fees to Airbnb Guest
I had a guest book with me yesterday who indicated 1 adult on her reservation and then explained in her message that she was bringing 5 people and 2 dogs. She accepted the alteration request that I sent which raised t...
Jingru Sui
What's the normal management fee % for short term rental?
Just want to see what other firms are charging and their responsibilities included in the fee. Thank you in advance!