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Question for everyone using the vacation rental sites. How do you feel about the fee structure of % of booking versus paying upfront for the year? Wouldn't $200-$400 per year upfront make for a drastic revenue increas...
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I haven’t done my first deal yet, but through hiring a local contractor to build my personal residence I had this idea that I don’t hear people talking about. Upon closing my single family construction my home had abo...
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What are some creative ways to get Additional Other Income from a high end multi family building? I may be running an 80+ unit in the near future.Laundry is included in each unit. Ways that we already implement are st...
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Hello so I just closed on my first property and thought I was educated with how hard money lenders works but seems I may have misunderstood. So I have a fully funded construction budget of 58k. But it sounds like I ha...
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Hello BiggerPockets Community!I am new to this forum. I have been reading a couple books on getting started into real estate investing and they both recommended this website, so here I am!Currently I don't have any in...
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Found a local mortgage broker encouraging me to sign a full service agreement with them that will charge a 1.5% fee for every deal and wants a $5k commitment fee upfront. This was explained to me it helps drop the com...
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Hey all,
This should be a quick one. When building a new home, how early can one expect to lock-in an interest rate? I know most locks are 30-60 days but does that differ with new construction? The home in question w...
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Hello everyone, I’m looking forward to securing my first property this year and as a thought experiment I’ve been thinking of creative ways to finance properties, and I wanted a second opinion. What do you think of th...
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I recently closed on a 203K loan and after all the paper work finally thought I was done once I closed. About a week after closing I heard from my contractor and he had not received any funds to start the project. M...
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I have am closing on my first primary residence in June. The property is a 3-2 1515 sq feet. My girlfriend is going to live with me and I plan on renting out both other rooms. 1) Do you think I should rent out both ro...