Colin Petzold
Reletting Fee (Michigan lease break fees)
This is my first BP forum post and it is in regards to Michigan law on lease break fees in Michigan. It is my understanding that in the case your tenant breaks a lease contract early, as a landlord, you can only charg...
Alex Silang
Classifying deferred maintenance as "repairs" or "initial cost"
I bought my first property a few months ago. There was a lot of deferred maintenance which ended up adding up to about 15% of what put in as a downpayment. Fortunately, the property is currently cashflowing nicely. In...
John Barr
What is a good CapEx percentage?
What is a good percentage to pull from the cash flow in a rental property?Say you have a house that is 1,700 sqft rental property that was built in 1975. The property just underwent a 50K renovation (foundation, roof,...
Account Closed
How to Determine Repair Cost With ARV...
As a wholesaler i want to build rapper with other end buyers and investors. When observing a property how do you determine the repair cost and if the property is even worth flipping. I know in this business you can ma...
Tim C.
Paying Property Tax Bills With Credit Card
Hi guys,I'm trying to pay my property tax bills (I have 11 places in Atlanta) with a credit card has anyone been able to do this without incurring the extra 2.5% charge in some counties?I'm trying to increase my spend...
Alexander Churchill
First rental property - LLC?
What's up BP!
I Live in PA and I'm buying in the area I live in . I'm In a contract on my first rental property. It's a 2 unit side by side double. I've been getting mixed advice on setting up an LLC on the property ...
Moises R Cosme
16 Huntington Ave Worcester, MA 01606
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $180,000
Cash invested: $33,000
Sale price: $275,000
Come see this fantastic classic New England Colonial Style...
Vadim Du
What is a proper way to give tenant a warning in California?
I have a tenant that has managed to piss off everyone in HOA. He always pays on time so there is no problem there. But he does not care much for social norms or cameras in the building and keeps doing things that are ...
Account Closed
How to find amount of equity in pre-foreclosures (Florida)
I'm looking for off market pre-foreclosures in South Florida and have looked up lis pendens on the counties' records. I don't see where it mentions the amount that is still owed on the mortgage though. Where can I fin...
Gerhard Listander
What makes a deal, a deal?
Does it basically boil down to the numbers that makes a buyer happy? What if i'm happy with a 8% cape rate but others say no way. If everything is analyzed and comes out to make one person happy but someone else says ...