Lakshay G.
Is my Lender charging me Higher than normal fees?
I am securing an off market deal in Anne Arundel County Maryland. Because it's my first deal, I think my lender is charging me high fees for settlement purposes. For example, appraisal fee is $650 and when I questione...
Lear R.
New Property Management Crafty Book Keeping Is This Normal?
Hi, I currently have a relationship with a property management company that has implemented a new accounting practice, that basically puts previous tenants accounts recievables to the property management company direc...
Michael Ohman
5,000 on a 50k refinance loan?! Is this normal?
Hello BP family!So I decided to get off the bench a couple months back and purchased my first property! Long story short I am in the refinance portion, and of course, this has been the most difficult part of the BRRRR...
Tom Lipps
Zoned B Commercial Property... Rent out to normal tenants?
Hi BP!I've found a property that is... interesting... but feels like it could have real potential for value-add.It's about a half acre with the 2 following buildings: 1. Duplex 2. Office Building (about 2k sqr ft)...
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How much money is normally made on a wholesale?
Ballpark, how much would you expect to make on a wholesale deal as the wholesaler? For example, if you bought a property for $200,000 and signed a contract for $140,000, how much would you look for to assign the cont...
Michael Tan
0.625% Interest Rate Increase -- Is this normal and expected?
I have been working with a lender who gave me a 30-year fixed rate quote of 5.35% for an investment duplex (through Freddie). I actually signed an initial set of disclosure docs to agree to this rate for a duplex that...
Jacob Song
are 4-6% property taxes suppose to be normal??
So it says my first home property tax will be 4% and 2nd 3nd or how many properties that I buy in South Carolina will be 6%. Isn't that very high? is this only in south carolina? which charges more property taxes on i...
Jeff S.
Hot outside, 72 downstairs, 77 upstairs, is it normal?
^6 month old townhouses with bedrooms upstairs. Would it make sense to have bedrooms cooler than the rest of the house? Sleeping in a bedroom that warm a bad experience for tenants to be when you advertise central air.
Kenneth Darden
How much interest, # of showings, # of applicants is normal?
We are currently showing our first rental property and seem to have a large amount of interest. It’s been listed for 12 days and between online postings and a yard sign I have talked with about 60 people and showed th...
Addy Cash
Are these normal clauses in a Property Management Agreement?
I am about to sign an Agreement with a Property Manager who I'm hiring to manage my rental property (residential townhome) in Oregon state. The following clauses in the agreement seem a bit weird to me, are these norm...