Calus Glispie
Deal turned down bc of my “$1” earnest money..
So one of my deals I’m working on took me a while to get in contact with the owner but after following up we spoke and agreed on a price. i emailed him the contract and he said he didn’t like the dollar amount for the...
Bobby Narinov
How I got dumped by the Company that manages my property
Have you ever been ditched by your Property Management Company because the tenant they put in your property never paid a dime above their move in cost and you dared to question their tenant selection criteria?One meas...
Andre Jernigan
When and How Did You Start Your Business? - Career Advice
The other day after work I got to my car and started checking my phone to respond to emails, check BiggerPockets and LinkedIn. After a while I realized that I had been sitting in my car responding to those in the real...
Account Closed
Realistic turn key cap rates?
I know I know this has been asked a ton of times before, however, in the current market, what are some realistic cap rates for fully turn key (managed) properties (multi units/apartment block) one could achieve as an ...
Brandon Sowers
Fair rate and fee increases from your PM
My PM firm is located in NC and we manage just over 800 doors. Our management fees have gone basically untouched for the better part of 10 years. Our firm has a very simple fee structure that includes 8-10% of RENT CO...
Canesha Edwards
Where’s the Bubble?
Hello everyone- Please keep in mind- that this post is of my opinion only, based on my knowledge of the US economy and real estate markets. Now, this discussion about a bubble and a crash in the real estate market has...
Jody Sims
FortuneBuilders? OR FortuneTakers??
[Note: This post was originally a reply to an OP from Columbus, OH talking about having been "Accepted" into the mastery program. I felt it needed to be disseminated wider than that so others can decide for themselves...
Belinda Lopez
David Corbaley's Command Lead System - any reviews?
Has anyone used this system to 'turn your real estate business into a million dollar business in a year'? That was one of the web videos informercial claims. It looked to be basic internet marketing systems, SEO and...
Brandon G.
The Big Short: What they left out
I just finished watching The Big Short, a movie about the real estate bubble. I enjoyed the information in the movie but I was very let down by the fact that they never acknowledged the fact that subprime mortgages w...
Eddie Ziv
Why do I hate dealing with wholesalers?
Lets be honest here. I don't like the wholesaling business. At least a certain segment of that business. There is nothing productive, or creative about taking a property, turning it around and selling it as it is for ...