Lisa Marie
What's my next step after firing my current PM?
My husband and I own a STR in Virginia Beach. It’s a SFH and has a pretty good track record in revenue and profit. It was managed by a mom-and-pop PM for a while, until last year when Vacasa acquired the PM company...
Tyler Hampton
New Investor Looking Out of State
I am brand new to rei and my local area is very bad so we are looking out of state. We chose Atlanta, GA because we have a good friend who lives there who can help us in a pinch if necessary, and it seems to be a good...
John Bowen
Earnest Money on a Commercial Real Estate Deal
What is the normal percent of earnest money deposit on a commercial deal? Agreed offer is $900K and the seller sent their own contract asking for 15% intial deposit for the Title company escrow instead of returning th...
Harry Williams
What will a good bookkeeper take off my hands?
Financing my first flip with a solid GC project managing start to finish. While I have the time to manage the backend accounting and organization of paperwork, what will a good bookkeeper take off my hands? I'd rather...
Jim Hartmann
Commercial notes during pandemic
We have been marketing with letters to seller financed note holders of commercial properties and have been able to close a couple of them over the last year. In the last month, we received two calls from note holders...
Jeff Moe
Looking to make my first purchase
Hey all, love the site and the podcast etc. I am looking to get into REI and am trying to find the best avenue possible. - I have 200k in home equity that I could leverage into a max of 140k in a HELOC(approved alread...
Nathaniel Yip
Boosting How Much You Qualify for a First Loan
Hi Everyone!I’m looking to get started into real estate in Sacramento, CA with a 1-4 unit with an FHA but since I don’t have a ton of assets under my name or a particularly long credit history and the area is higher c...
Travis Bill
What are "normal" terms for seller financing?
Just recently started researching getting into rei. There is a duplex near me in an excellent location that has dropped in price like 35% in the last 4 months after slow drops for a year. Looks like the seller is gett...
Marco Y.
NJ Commercial Property Dilemma
Hello Everyone! I've been on BP now for almost a year and have posted some suggestions but this would be my first question on the site. I was wondering if you guys could give me your opinions/analysis on a comm prop i...
Vincent Finn
AirBNB SHORT TERM RENTALS
Hi BP fam, I am interested in purchasing a short term vacation rental. Where are some locations (city, state) you have found to be successful? Please share the location and why?! Thank you