We’ve known for a long time that humans aren’t great at multitasking. Once distracted, our brains find it hard to let go of the new information we’ve just learnt or seen. This is why the constant onslaught of emails, ...
Kevin Phu
Too Much Content
Just joined BP the other day and wow is all I gotta say. There is so much content on here that I find myself spending the entire day browsing the forums/blogs and listening to podcasts when I'm not at the computer. Fo...
Courtney Murphy
Tell me about auctions
Hello BP Community,I am curious how people estimate rehab costs on an auctioned house that you aren't able to see ahead of time.Is there a formula? Exit strategy is rent or flip depending on what the market is doing w...
Daria B.
Tenants skipped but turned in keys 🤷🏽♀️
HiWhat methods do you use to find tenants that skipped out?They turned in keys and left no forwarding address. There were damages and loss of rent.One of the local utility companies verified there was no transfer of s...
Frank S.
TFC Shortsale Relocation Costs for Seller
Hi, I placed a bid on a shortsale. The mortgage is by TFC. My agent told me this bank does not give a dime for relocation. I feel bad for the seller for she was expecting $10,000 to move out. Well, I also feel ba...
Trevor Marvin
Foreclosure, REO, Short Sale List Access
Hey all,My group and I have been trying to increase deal flow, and we’ve dug into some foreclosure websites specifically for Nashville. Our problem is that a lot of the sites seem more or less unprofessional with info...
Tony Tillman
Commercial Real Estate Agent Question..
I am in the process in looking for a new business location for the primary company that my wife and I own, I contacted a few sellers on a few properties and there were only a few professional interactions that I had. ...
Tess L.
Who Can Help with Cash for Keys Negotiations?
Hi All,I've recently bought a forceclosed property in upstate NY near Binghamton. The problem is that the former owner is still residing there. I'm trying to find someone to negotiate a cash-for-keys deal, but no one ...
Rick Im
Do these expenses qualify for start-up expenses?
Hello,
I purchased my first rental property on October 4th. After a month of renovations, I listed it on the market on November 19th and secured a tenant with a lease starting on December 10th. Before this purchase, ...
Kevin Yun
Short-term rentals limited to 1 unit/property? (Chicago Airbnb)
Hey BP,I am considering purchasing a 3 or 4-flat in Chicago, and planning out my rental strategy (STR and/or LTR).After speaking with an STR (Airbnb/Vrbo) management service today, the owner informed me that only 1 re...