Hi Friends! I sure could use a piece of smart advice right now. I have a rather nuanced problem. Our home is a two-family, and we have a beautiful one-bedroom apartment at the side, where we have rented to a timely pa...

If I'm trying to purchase a specific commercial property, I've seen that one method of raising funds could be a syndicate. My questions are...1. Since I need a specific property, isn't it likely that someone else woul...

I am thinking that my late fee is to low. Almost every month I have about 25% of my portfolio in Connecticut get a late fee assessed. My question is if I raised my late fee of $50 to 10% of rent which would be betwe...

The industry standard formula to evaluate a park is# of lots x caps x 12 months x expense factor x lot rent ($)I understand it is basic and we should consider the market and etc. I do my offers based on the formula. H...

Hello Everyone!My business partner and myself have recently begun the endeavor of looking for financing on a house that we are may be interested in flipping. However, after talking to a few of the brokers we have conn...

Hello BP! I have been soaking up all I can on BP for the past year. As this is my first, please bear with me and take it easy!I have been focused on on wholesaling in Colorado Springs,CO, not much success YET but I am...

Hi all!
I just completed my first deal in Illinois and I am looking for feedback on the closing costs. Here's some information about the deal:
Purchase price: $105,000Renovation cost: $27,500ARV appraised: $140,000R...

Hi, I've come to ask a problem I am facing with in a townhome rental property my parents own. In July, the tenant purchased a $8500 new 3 ton AC unit to replace the already working unit (previous was a smaller size th...