Joel Senko
Property management, How much do they REALLY cost?
I’ve been looking into property management firms and can’t seem to find anyone under a flat rate of 20-30% of rent income. Do any of you guys have property managers and if so who? And how much do they charge? Listenin...
Reid Kelley
What does everyone do for a Personal residence?
Hi there, just getting into this and plan to house hack in a multi family first. What is everyone’s strategy for their personal residence and exit strategy from a house hack? Obviously you don’t want to pay a mortgage...
Philip Marzen
Brand new wannabe investor
Hello BP network! I'm a brand new real estate agent and have been interested in investing for a long time. I learned a lot about flipping, wholesaling, and renting over the last few years but never had the capital to ...
Alfath Ahmed
My first RE duplex deal in Columbus, OH : 1768-1770 Kent St
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $346,000
Cash invested: $22,000
Purchase Price: 346k + closing, all in 352k
Down payment: Conventional 5%
Ex...
Eugene Cheng
DSTs brokers and due diligence
I am in the (extended) identification window and looking into the DST options. I have been in touch with a few brokers like 1031cwondfunding, realized, and some smaller local ones.I often see a DST offered by all of t...
Nicholas Clement
New York City’s “professional Squatter” problem
It seems that about 95% of the Short Sales that I pick up are occupied properties. It is usually not occupied by the owners or their family. I’m from Queens and in the recent years I have come to find out that this is...
Tom Coakley
How to set up a tennent Escrow account?
I have just found a tenant for my single family investment property in NJ. How best do I go about opening an account to hold their security deposit? An escrow account or a trust account? Is this something I can get do...
Amit Raghavan
First investment - multi family unit in KS (financing)
Apologize if I have posted in the wrong forum....
I am a newbie and have been lurking around here a bit. I am based out of San Francisco and have been looking at investment properties out of state - places where I’v...
Matthew Roberts
Hard Money / Line of Credit
Is there a particular strategy that makes more sense if you're going to finance through Hard Money or Lines of Credit with a high interest rate? Current situation is possibility to get up to $200k of financing with 0%...
Ivan Roberts
Appraiser
Hey guys,
I was wondering my my realtor valued my house for $350K, and I was buying the house for $350K?!? My realtor said "That's how appraisers do it" does that make any sense? How/why would an appraiser value the ...