Zac Boelkow
Building VS Buying existing Multi-Family
I am brainstorming ideas to acquire multi's. I am finding in todays market that most of the units for sale are over priced and require too much repairs for them to make sense. So I started looking in to building oppos...
Jeff Henry
I have a potential deal and don't know what to do
I have a potential deal that I am confused on what to do. I won a bid on a property on HUD at 69% discount at $70k, the Market value is $110k, and MLS has it for $105k the property needs about $5k in rehab just light ...
Spencer Vickers
Aspiring Real Estate Investor - Seeking a Market to Grow Into
I have been listening to BP for the last month, so I figured I should start interacting with the community.I am a college student, studying finance with an emphasis in real estate, seeking to become a real estate inve...
Ben Dao
What would you charge for Pet Deposit ?
I have never accepted pets before. But I am considering it as it can open it up to more tenants for me. I also do not have carpet in this unit. It is all laminate floors. What should I charge? I was thinking like $200...
James Allen
When should I Refinance this apartment complex?
Hey guys,
I'm currently finishing up renovations on my first apartment complex (A 5-unit property). I'm looking to cash out refinance based on the new NOI. In order to get the maximum value, do they appraise based on...
David de Luna
My Property: Seller Finance instead of renting it?
One of my properties is nearly done with rehab. I was going to rent it instead of flipping this one. My realtor floated the idea to seller finance it. I'd get something like 10% down and sort of make up the rest as we...
Jennifer Baldassari
Charge Multiple Applicants Application Fee (??)
Hello!We showing our first property to potential tenants. Yay! I have several different applicants (different families) that are interested in filling out the application and paying the fee of $55 (which covers back...
Angela Fisher
Want to flip in Los Angeles area
Any suggestions on where to find a good flip in the greater Los Angeles area? Looking for 300k total investment I clouding renovations. First timer. Any advice would be greatly appreciated.
Melvin Roes
Hard Money 1st Deal
Hello Bp,First, I would like to say it's truly a pleasure being a part of the BP Family. Bp has really provided inspiration for me to get out and make a deal happen in real estate. My name is Melvin Rose and I'm a rea...
Nina Grayson
% of Wholesale Assignment Fee to Real Estate Agent
BP Community, Do any agents in CA receive a % of an assignment fee from wholesalers for finding properties, and if so, how do you have it written in the/a contract? Are you also a buyer on the contract?As an agent, I...