Rohit Dhing
Investment property Mcallen vacancy issue!
I recently purchased a rental in mcallen, its been well over 40 days and units are still on the market. It is being managed by a PM and feel they are doing everything. Nonetheless there is always a time for new blood ...
Marc Shin
Dishwasher, clothes washer, Clothes Dryer
Hello,I have a 1/1 and a 2/2 STR. Are Dishwashers, clothes washers, and clothes dryers really necessary in the 1/1 and 2/2 STR's?
Travis Eubanks
From Chicago suburbs to Denver, CO or Phoenix, AZ
Hi guys Im a real estate agent in the suburbs of chicago. I've been an agent for about 3 months with 3 buyer sales under contract. I'm asking and hopefully get some feedback from real estate agents about their marke...
Jason Malabute
USE YOUR NUMBERS TO MAKE PIVOTS
One thing I have improved on is keeping track of my racks outbound calls, contacts made, and decision makers reached . We know that it takes 1,000 calls to get 1 LOI tom motivated seller and it takes 8-12 calls to clo...
Marshall Shen
Deal Analysis for an Illinois single family property (7 of 30)
Hi there,
I'm doing a 30-day deal analysis challenge where I analyze one deal per day. This is my 7th day :)I analyzed a deal in college town (Urbana, IL), and assume a reasonable rent, and it passed 1% rule.
Based ...
Corey Duran
How do handle water bills start to finish (Buildium)
Please share the best way you have found to handle water bills. I am trying to find the most hands-off/time-saving approach. I will share my current approach now and if you have suggestions please share them.(My proce...
Chris Seveney
What will happen if rates stay above 5% for the next 5 yrs
I just wanted to post this question, and get opinions on what people think. There appears to be in this form majority that feels interest rates are going to go down significantly within the next 12 months. Some believ...
Jay Garrison
determining utility usage for a tenant
Hello,I have a tenant who still hasn't put the electricity in her name, and waited two weeks after she moved in to put the gas in her name. It was a rookie mistake that I allowed her to move in while the utilities wer...
Eli M.
Appraiser's Absolute value vs. Price per square foot?
Dear BP family,
From your personal experience (or profound knowledge even better:)- when assessing/appraising the property, the appraisers do it based on :
1) Average Absolute value of similar-size houses in the 0.3...
Nathan Roberson
Developing Real Estate on Raw Land for Profit?
Over the past few months I have been searching for fix and flips in my area. Its proving to be extremely difficult to secure deals. The average DOM has been around 8 days. Not much luck in the surrounding areas either...