Fernando Pena
What to do with home tenant destroyed?
We have a home in Mount Pocono, PA that is around 2400 sq ft, 3 bedroom, 2.5 baths. Tenants lived in there for about 14 years before moving out last month. The rent it was bringing in was $1450 per month. Unfortunatel...
Michael Fanoni
Hiring Non-licensed Contractors
Good morning, I'm going to begin a ton of cleanup/labor work at a property I own and I'd like to hire out a large portion of it. I'll be there the whole time, but don't have enough time to do it myself. I will be usin...
Preston Schwartz
Are Real Estate Agents a Thing of the Past? (For Renting)
Hi All,This is my first post on here but I have been entrenched in real estate research and analysis for quite some time now. There is one question that I have been grappling with for awhile now that I would love to g...
Charlie Kazmar
Vancouver (WA) Members! Investor/Broker? Who do you work for?
I’m a small time investor (SFRs and Duplexes) who just passed the WA Brokers Exam. I’m looking for a local brokerage to hang my license on and I was hoping the BP community could provide some recommendations.
My pre...
N/A N/A
REO Question
Hey all,
Just found out an REO house I've been looking at is a Fannie Mae property being sold by a Real Estate Agent. How are they to deal with, do they barter? Is it feasible for them to go for 70% of list price?...
Sudhir N.
Qualifying as real estate professional (meeting IRS definition)
I presently invest in multi family properties in PA. I look for properties, buy and hand over to a property manager for day to day management. I spend considerable amount of time setting rents for new leases, renewals...
Darrell Ross
Showing Rentals as opposed to letting tenant look on their own.
I am looking for some feedback. We have recently started unlocking our vacant units during the day and letting prospective tenants go in and take a look at their convenience rather than meeting them for to show them ...
Sheba Shimoji
Pay my own property management company
Hi, I have 17 unit rentals and I have set up a S-corporation acting as property management company. The average property management fee in my area is 10% of the rent collected. How much should I pay to my corporation ...
Ayodeji Kuponiyi
Should I Rent to Prospects?
I have a prospect tenant whose father is willing to cosign for her daughter and boyfriend. He agreed to pay $600 towards the rent while his daughter and boyfriend take care of of the balance. The rent is $950 plus $25...
Donald Hendricks
I have 100k ca$h to invest...
I have 100k cash to invest, the question is, do I leverage myself into a million dollars in debt buying bread & butter post 1978 3/2/2 homes in better neighborhoods where my cash flow would be less, or do I go...