I am curious if anyone has any input on how to structure a management contract for a STR. I think two of the options are to either have the management keep a certain share of the profits or to have the management sig...
Hello BP,We are getting ready to begin our first rehab. It will be quite extensive (for us) as the property is in need of major renovation. We are wondering what is the recommended payment method when dealing with a...
Im really interested in buying a property, single family 3 bed 2 bath foreclosere. I just found out that the house its under contract so i know about contingencies but from your experience whats the chance of the cont...
I am purchasing a house for $200k and I need to bring in a financial partner to pay about $25k in rehab costs. I expect to generate a profit of about $40k. What percent of the profits should I share with my investme...
Hello everyone. I’d like to hear your professional opinion and thoughts regarding a proposal I received. I recently purchased a property in Los Angeles with about 50% equity and the rest via financing with the goal be...
In general, what percentage of the full debt are subordinate mortgage holders willing to settle for following a foreclosure sale initiated by the primary mortgage holder?
I am new to this sort of thing and was wondering what people thought was reasonable.
I have a recently built condo (late 2007) with all recent applicances that I need to rent out. HOA allows it but does require mi...
What do you guys calculate for cap ex and vacancy?
Good afternoon BP!I've recently been spending a lot of my time during this quarantine analyzing rental property deals using the BP calculator. My main method is find houses off the MLS and going from there. I usually ...
This will be my first house rehab/flip. I found a good deal but its a way bigger project than I want to manage so I approached someone about partnering. I will be financing the deal. Normally I would offer a 50/50 pro...