American homeowners could see a significant drop in the cost of selling their homes after a real estate trade group agreed to a landmark deal that will eliminate a bedrock of the industry, the 6 percent sales commissi...
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Jan 2023 I purchased a property in Cape Coral, FL. I purchased for $395,000 and rehabbed for $70,000. I took out a hard money loan with Kiavi for one year. I put up for sale with no bites then transitioned to a STR...
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Hi BP Community, I don't post often in the forums but do actively read through them. I know there is a lot of knowledge and wisdom to be gained by such a great community, so I was hoping to get some advice on a curren...
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This is what a contractor told me today. Do they need a diet or am I out of line?
I'm closing on a house next week and I'm trying to line up someone to get it rent ready. A contractor my PM company recommende...
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We’re buying a coastal property and made the mistake of not getting references for an agent in that area. The one we ended up with is incompetent. Skipping past other issues to the about to be deal-breaker: We’re past...
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Recently closed on a house and just listed for rent. Been listed for rent for four days now and only had one application. Applicant credit score too low so decided to pass. We are approaching the Winter season and it’...
Good morning all,I have a unique opportunity with an 84 unit complex in Atlanta. I received a call from one of owners of the complex. The group has owned the complex for 20+ years, and while they aren’t in a hurry to...
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So, there's this house that has been deeply discounted about $100,000 off its original listing price. Just last month there were 3 armed robberies next door to that house on a street with businesses. There have been m...
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Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $1,340,000
Cash invested: $300,000
This was our 1st value-add project in the neighborhood. It's a 27 unit wi...
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Hello all, I want to become a hard money investor. What do I need to get started? What’s the going rate, what should I charge? Thanks in Advance.