Jimmy Klein
How exactly do property manager's make a profit?
I'm looking at some turnkey properties. I see property managers charging just 8% of rent and thats not much considering rent can be less than a 1k a month. I also seen turnkey rentals where they even set up the LLC...
Joshua McGinnis
My first out-of-state turnkey was a bust (sort of)
Just thought I'd share a story for any others out there considering buying a multi-family out-of-state, sight-unseen, from another BP member who markets and manages properties.I found a deal on the BP Marketplace in t...
Nick B.
A sample value-add apartment deal - how (un)realistic is this porforma?
Hello BP,I put together a proforma for a fictitious 100-unit C-class apartment deal located in DFW, Texas.Here is the link: https://docs.google.com/spreadsheets/d/1_Dui4Fly69...I used rents and expenses from the deals...
Mark Rauch
Out of state investing
If one were to invest out of state, what would be the proper way to oversee improvements and management. In other words what should your infrastructure look like and how can you protect against property managers, con...
Sandy Uhlmann
Sub 10K properties
I was wondering if there is a market for properties that require EXTENSIVE work but could be purchased for under 10K. I am primarily an investor that rehabs properties to buy and hold, but I recently found a prope...
Mason Moreland
AMA - Winery/Vineyards, Agriculture, Environmental Issues
Morning, Bigger Pockets!I want to try to give back to the community that has helped me so much. If anyone has any questions on investing in the winery/vineyard space, agriculture, or questions about environmental issu...
Kristi Miller
Buying in Norther California
Hello:
Although we live in Napa, CA, our real-estate portfolio is with properties in the midwest. We just understand that area the most. After looking at some multi-family properties here in Northern Califo...
Engelo Rumora
How I Said “$#%@ It” & Retired in the Bahamas at 28 Years Old
G'Day Bigger Pockets,I hope you guys are smashing your goals for this year.I wanted to inspire you today and share my success story. This is one of the proudest moments of my life as a business owner and entrepreneur....
Alex T.
Newbie from Boston
Hi,
I've been lurking the forums for a while, but haven't considered investing until now. I have no background in real estate (I've only been investing in stocks before), but I am familiar enough with how the...
Nam Nguyen
Why would someone not buy a turnkey property?
Signed up less than a week ago, listened to several podcasts and have read enough to make my head hurt. One thing that stands out to me are turnkey properties. I've listened to a podcast that had @Nathan Brooks as a...