Jon Dang
Closing soon should I be worried? Vacancy? What to look out for?
Hello BP family,I was scheduled for a closing this Thursday. Quadplex: 2br/1bath, cost $211k, seller pay closing. C class neighborhood. Repair 5k. New roof. Older hvac 12 yrs old.Cash flow:600/month with PMHowever, th...
Ross Ellington
How do you know what rent to charge?
Good evening everyone, I was wondering if any of you guys had an opinion on rentometer.com as a way of deciding rents? Also, what are some other ways you've found helpful in calculating rents? It's difficult to find t...
Maurice W. Evans
Medium-Term Rentals For Hosts and Local Law 18
Medium-Term Rentals For NYC Hosts
A Smart Move for NYC Landlords in the Wake of Local Law 18
Photo by Michael Discenza on Unsplash
Greetings, I’m Maurice, a property marketer, manager, and real estate enthusiast ba...
Joe Martella
Nick Sidoti - "DR. Cashflow"
Hello all,
Nick Sidoti gave a presentation yesterday to my local REIA. He calls himself DR. Cashflow. He basically hangs his hat on the fact that he is the national guru on special needs housing. The local governm...
Paul Thacker
Why is it important to have an Appraisal and Inspection Report?
:D Wholsaling is a great way to get started as a real estate newbie. However, I notice how some gurus don't teach their students to have an appraisal and inspection.
All of the investors I know t...
Vince Sanchez
Unpermitted work, clearing title, and obtaining permits for rehab
Hey BP!
I'm interested in rehabbing a 3 flat in Chicago that's already been gutted to the studs and reroofed. My contractor and I took a look and saw great potential. They also did a great job on the new roof, accord...
Andrew Davis
First Investor Letter, What do you think?
Hey All,I'd love to hear your thoughts and feedback on this property and investor letter I'm sending out. It's a bit nerve-racking, but I know it's a good deal, and I feel like the terms are fair and that I've built ...
Tiara Murray
What is Hard Money Lending?
Well I know the basics of hard money lending, my question is, how does the investor receive the financing, does the lender cut a check and give it straight to the investor, or do they give it to the seller of the prop...
Alan McClain
Making repairs before renting unit
Hello BP community,I have a duplex and SF in a transitioning neighborhood with a property manager managing the properties. The SF and one side of the duplex rented very quickly once placed on market as they were rent ...
Peter Haymond
Frustrated
I'm 22 and going to graduate college this August. I'm quite frustrated because I can't afford to do marketing yet for my future rehab/wholesaling business.
I've been laid off 4 times for full time hires and it's har...