Paras Newbe
Usual property management / maintenance charges
hello,
I am working with a property manager for a property I may possibly buy in Austin (Still researching). Below are the rough charges.
1) 70% of the first month rent for every new tenant.
2) 7% of each month re...
John Public
Patch Of Land getting ridiculous
From "new offerings" email to fully funded in... 45 seconds!Cmon... this is getting ridiculous!!! How am I suppose to do any due diligence?! The Princton Indiana filled in LESS than one minute!!! >:(What is goi...
Jared B.
Creatively Creative Financing Questions
Hi everyone, my name's Jared and I'm an admitted real estate noob looking to dive in real soon. I'm waiting on the BP creative financing book in the mail right now, but have learned enough to have some level of unders...
Jon Holdman
Chrysler to stop all production
Chrysler says its shutting down production at the end of the week for at least a month. I wonder if they will ever restart. Makes me think of the Lady Luck in downtown Vegas that shut down, what two and half years a...
Sean Gibson
Rookie Investor Strategy Evaluation
Hello BP peeps. I recently introduced myself and advised I’m in the Tampa Bay Area and my W2 career is a police detective. I’m also currently taking the 63 hour online class to obtain a RE license. Being one who’s...
Chris Pelley
Where to park cash between sales
Hello,My wife and I will soon be collecting net proceeds from a home sale in the 5 figure range. Our plan is to sit on the money for ruffly 6 months while we deal with some other financial things before re-investing i...
Chris Nguyen
1% rule minimum criteria?
Been on this forum and already have found a wealth of information. This is similar to a post I had yesterday but I have been listening to quite a few podcast and forum post, I keep hearing about the 2% rule and having...
Steve Mitrano
4 units - Unknown it Legal
I live in the Boston area and I’m looking at making an offer on a 4-unit property that has every indication it is a true 4-plex (4 main entrances, 4 identical layouts, 4 gas meters, 4 heating systems, 4 electrical met...
Chris Clothier
Turnkey Rentals and the Dot-com Craze! Is there correlation?
I want to hear from some of the other Turnkey posters on Biggerpockets and anyone else who likes to chime in on the topic. This is an article I wrote today on the BP blog:
Contrasting Turnkey Real Estate Inv...
Trent Egenlauf
Where to park money?
Where would you recommend to park your money while you are saving to buy a rental property?