Markus March
Late Fee Pricing
I have a rental property in Mississippi an I charge $50 dollars late fee with an additional $10 dollars late fee every day after the 5th of each month. My question is what is a good price to charge for late fee an wha...
Julian K.
New Western - Wondering if anyone heard of them.
Has anyone worked with this organization - New Western? They are a wholesaling company and I've heard mix reviews about them. They are based in Philadelphia.
Chi Cheung
LLCs?
I'm looking to start buying and holding for rent. I've heard that it's wise to hold houses under LLCs for tax and legal protection. How does it work? Do I need to start an LLC for each house? Where can I find out m...
Jim Stoffey
My Diary - Getting a New Jersey (and Pennsylvania) Real Estate License
Hi all!This is a very long and detailed post. Way longer than I anticipated, but I tried to answer all the questions I had prior to starting this process, which was a lot. If any of the info below is incorrect, let ...
Dennis Tierney
Do you disclose a haunting?
I had a friend ask last evening if she needs to disclose to prospective tenants that their half of a duplex may be haunted. Not having any experience with this I thought I'd ask BP. She bought it as a rehab and in the...
Allyson Edwards
[Calc Review] Help me analyze this deal
View report*This link comes directly from our calculators, based on information input by the member who posted.Anyone wanna take a stab at this one?Anyone interested in a partnership? I have the knowl...
Dave Ventura
Germantown Worth it or Not?
Hi Everyone,With Jump Start Germantown and all the potential commercial work on the horizon on Germantown Ave, I am trying to feel out if this is a good area to invest in. The cap rate is good and numbers make sense t...
Christian Tibok
Short Sale: What happens to HELOC in secondary position?
During a short sale when the primary lender is owed 361k and secondary HELOC is owed 78k, what happens when the package was submitted to the primary only? How can the secondary position get what is owed to them?
Matt Kauffman
PM & CapEx in or out for figuring Valuation???
Hey BP gang, I'm wanting to step up into the larger multifamily properties and move away from <4 unit buildings. When it comes to running financials on larger properties I know I need to include PM and CapEx expens...
Amy Meza
How would you invest 100K?
Hi! I'm completely new when it comes to real estate investing. My goal is to build wealth and generate income through buy and hold rental properties. I live in NYC, so cash-flowing deals aren't in my local area, an...