Amy Solomon
Contractor fee to walk through property before bid is placed?
With our old contractor, years ago, we'd walk through a property right before we placed the bid, so we could see if my calculations for the renovation were on spot. He'd give me ideas, show me ways we could avoid/...
David Wolf
170 Year Old Rental
Hello Everyone,
I am contemplating putting in an offer for a 170 year old home which has been split into 4 apartments. The main benefit of this house is its location: 1 minute walk to the areas prominent un...
Greg K.
Very strange Short Pay/Sale clause in banks agreement
Has anyone ever seen such a clause in a contract(approval letter with terms) for a hardship based Short Pay, or even for a Short Sale?)"Dear Customer(s):Select Portfolio Servicing, Inc. (SPS), the mortgage servicer on...
Cameron Riley
SEC-8 - INNER CITY LANDLords/Investors - VIEW this
Just finishing my open house with another list of prospective tenants I had received from Zillow... I have a few questions for my fellow city investors... - What has helped you find the most quality/qualified tenants?...
Timothy Lewis
100% Commission Brokerage Vs. Traditional Brokerage
Hello BP! I just passed the board exam to become a licensed Real Estate agent in Florida. Specifically in South Florida. My plan is to find a good 100% commission brokerage to hang my license with. The reason I was lo...
Erik B.
Key differences in 1-4 units vs. 5-12 units
Been looking at OOS small multifamily properties and I'm curious what the not so obvious differences are. What does one need to know when looking at a 6 unit building as opposed to a 4 unit? What changes when a buildi...
Scott Trench
Are you Pro or Against 401(k)?
A recent article that I wrote on the BP blog received some criticism because I suggest that a 401(k) is one of the best ways to increase your net worth.This strategy was criticized by a couple of readers and I thought...
Richard Bautista
Too good to be true to have connected with a real estate agent who has a whole team?
Good evening and happy new year,I need input on something that seems too good to be true. I just got off the phone today with an investor-friendly real estate agent in another state (not NYS) who has a whole team behi...
Nathan Gesner
What is your biggest fear as a Landlord?
Are you afraid Tenants will trash your rental?Tenant won't pay rent?The economy will turn and your rentals will sit vacant?You've over-extended yourself financially and the next problem will wipe you out?What keeps yo...
Nikolay Izmerli
My First Flip in Florida! With Photos! The house is sold
The really invaluable part of this experience has been education. I and my wife who was a designer of the project have learned a lot. We certainly made mistakes along the way, however understanding what went wrong pro...