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Hello all, I've recently been turned onto the BP podcast and forums. I'm in love! All the recent podcasts about the mobile home parks has got me thinking about some cool ideas. I'm curious what you guys think about an...
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I have a tenant who emailed me at my work e-mail account on Christmas about a leaking garbage disposal that didn't seem to work anymore and that they had scheduled Roto Rooter to come fix it. Normally, I know that a l...
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Hi all,It seems some property managers look to charge one months rent to find a tenant, on top of the 10% of rent collected. Is that normal? It seems that a property manager should be incentivised to keep tenants long...
I'm looking to invest into a Multi Family Syndication deal and I noticed that the sponsor fees vary from about 1%-3%, depending on the deal. Is that fee usually based on the selling price or do they include rehab mone...
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This market is on overdrive. Who is taking chips off the table?
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I'm looking to get bids for a rehab project in my house, and as such, have sought out general contractors.
I contacted 6 contractors over the past 3 weeks. Of these, 5 have come to get the scope of the project and a...
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Hello,I'm currently doing due diligence on a non-performing junior lien that has gone unpaid for about 5 years. I know the unpaid principal balance, interest rate, and monthly payment but the arrearages and payoff amo...
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Hello BP,Before I go into the deal specifics I feel like I have to justify WHY I am choosing to invest in San Diego. Essentially it all boils down to my current situation. I am a first time buyer, Navy veteran current...
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Do you guys usually keep subject to's for rental properties and just wholesale other deals? If I were to wholesale it how would I determine the price to sell it for to investors?
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For those of you who invest in small multifamily properties, what are some of the mistakes you’ve made? What advice would you give a beginner interested in investing in small multifamily properties?