Hey BP community,Apologies if this question has been asked before, but what should I be expecting to pay for typical property management fees? I am currently in the process of vetting different PMs, and I’ve found th...
I previously posted this inquiry within a separate chain but wanted to get others thoughts on coaching or mentorship programs? I had a more senior co-worker early in my professional career I viewed as a mentor. Looki...
Hello fellow BP Investors and landlords.
we all experience from time to time tenants that don't pay on time. After adding a lot of properties in the rochester NY area to my portfolio in the last 2 years, it is becomi...
I have a tenant who has been repeatedly slacking on rental payments. Sometimes, she'll skip a month or two, but then catches up with overdue rents. But this recurring on again / off again payments is frustrating and...
Hi BP Dallas!
I'm brand new to REI and starting to practice analyzing deals for single family flips. My biggest struggle so far is coming up with rehab estimates. I know a general rule of thumb in $5/SF for light, $1...
Hi BP,
For a single family house that rents for $600 (all utilities paid by tenant), which rule is better 50% or 2%?
I just want to compare these two rules. I understand purchase price is determined af...
-- Real Estate Update --
Here's the latest real estate market report for May 2023 (single family homes) :
Median Sales Price : $445,000 (April: $438,950)New Listings : 1,710 (April:1,621)Median Days on Market Until ...
Hello, Ladies and Gents
I am about to go on the military deployment for 1 year. However, I am leaving my 4 properties rented out on the leases to different tenants in same city.
I was thinking about the...
I'm looking at a property that has the front half of the house/yard in the 500yr flood zone and the back half is out of the flood zone. The house is on a crawlspace, and so I really don't think the house itself would ...
I've been interested in real estate for some time and feel I am now prepared financially to make my first acquisition. I've read a fair amount and feel I have a fairly good understanding of the financial components of...