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Ever bought a condo hotel?
I am wondering if anyone out there has invested in condo hotels. I would like to know if the income supports the high asking price by the developer. Due to SEC rules, the hotel management company does not provide an...
Lenox Ramsey Jr
Is $5k for an Assigment Fee Too High?
Is $5000 too much to ask for an assignment fee for a duplex if my:
ARV $81,000
Repairs $20,000
Purchase Price $13,500
Closing Cost $8,100
Estimated Profit $39,400 or Estimated Monthly Rent $1100-$1500
Now this do...
Ken Rishel
Developing With Manufactured Housing
May 3d - Caesars Palace - Las Vegas, NV a part of the Manufactured Housing Institute's National Congress and ExpoFacultyDonald Westphal, Donald C. Westphal Associates, LLC, is a Landscape Architect and Site Planner wh...
Jason Edwards
Property Management Fees
What are the typical costs to have a property manager assume existing tenants? Since there is no tenant placement, what fee is normal to have them takeover?
Jimmy H.
Junior and Senior Lien holders
It is my understanding that junior lien holders essentially get wiped out if the owner of a tax liens forecloses on a property.
Example: House worth 100k with a 1st mortgage of 75k, I buy the property tax lien for 5k...
Sharad M.
Is this illegal?
Is it illegal to violate a bank's due on sale clause for either buyer or seller? Can someone go to jail for violating this clause?
Joseph Cameron
Airbnb Global Party Ban - How Will It Affect The Market?
Airbnb has just passed a global party ban across all locations and threatened legal action to anyone who disobeys.
Given that a large percentage of travelers are young and having a good time goes hand in hand...
H...
Keith K.
Turning a friend's house Retail sale into a win-win deal
Hi BP'ers, I've been reading Brandon's new No Money Down book and realized that I may have a deal unfolding right in front of my face. A friend of mine has been sprucing up his rural home to prepare it for sale for s...
Julie Daniels
Making an offer on my first multifamily
There's a 4 unit multifamily listed at $180k. Each unit rents for $650, though 2 are currently vacant (though ready to rent), due to the owner getting a new full time job and not showing after the other people moved o...
Samantha Miller
Experiment: If you could only pick 100 leads. . .
Here's a question - doing a little experiment. In this scenario, let's say you are aiming to do a flip or BRRR strategy, and you just aren't finding any good deals on the MLS. You've have in front of you a list of all...