Ashlie Perry
It's Complicated: Mass Multi Family with road blocks to selling
Hi all,I'll start off by saying "It's complicated". I'm investor and agent, so I am doing the listings, etc. This is a 2 family: 1 bedroom/1 b and a 5 bedroom /2b unit. To make this more streamlined, I'll do dates.20...
Nick Abbate
Got Contract... Now What?
I got the contract done now I need to sell it and fast. I have a full buyers list of 15 some say if it was listed at some point I don't want it. I have a Buyers list of 4 who hit me on various ads of the property. I...
Jeff Brandfas
contractor lies
Frustration is building on my first flip. I hired the lowest priced contractor out of three (learning that really is a bad idea) and he claimed he's never taken longer than 5 weeks to do any job and certainly wouldn'...
Mehdi Haider
Managing real estate finances as I expand to multi-unit
I am mulling options to see if this is a real problem for new or existing landlords today. I have a single property that I've started out with and for me to manage the costs I have a single account and an LLC. As I pl...
Hemang S.
Reasonable percents for repairs, vacancy, and cap-ex
Hi BP community, this is my first post! I am looking for a 4 unit multi-family and have identified some candidates. I want to know if using 7% (of gross rental income) for repairs, 7% for cap-ex, and 7% for vacancy is...
Ted Klein
Tenant Requested Improvements
I have an elderly tenant that has requested to have a walk in 4 piece shower kit installed and is willing to pay for the improvements. The unit has just had a remodel and is in new condition so it is just a matter of ...
Bryan Hancock
The Truth About What Motivates Us - Autonomy, Mastery, Purpose
Some folks were waxing philosophical-like about the nature of man in another thread on war and what it is good for. I am a big believer in the fact that people are rational self-maximizers in virtually all endeavors....
Vernon Brown
Property value vs cash flow investing
Hi there!I'm new to BP and real estate investing and I plan to purchase my first property (duplex or fourplex) within the next three months. In crunching the numbers on these properties, I have a few that are cash flo...
Orlando Paz
Brain storming ideas for Mobil Home Investing partnerships
I met with a real estate agent today to view a single family handyman special. During our chit chat, he expressed an interest in investing as well. The one topic that caught his attention during our conversation, was ...
Jalen DeVine
Letter of Intent to Purchase Template
What up BP -Does anyone have a good letter of intent template that they would be willing to share?Thanks