Bryan Hancock
Are Realtors Worth The Commission Anymore?
Given that there is such a liquid market of buyers online I was wondering what people's thoughts are on the commission paid to Realtors. A 6% commission has always seemed scandalously high to me given the typical amo...
Kyle J.
Are you wealthy?
Saw this article on MSN Money today: The answer to this question will tell you if you're wealthy. ---------------------------------------------------------------------------------------------Excerpt from the article:...
Justin Cabral
Is this a sign that we are in for another crash?
Newbie question for those members that are well engrained into the RE investment space. I am looking to begin leveraging cash I have in REI to increase my wealth and create future financial independence.The townhome I...
Saxxon Rybski
My future just fell into my lap!!
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $150,000
Cash invested: $15,000
Property valued at $265,000 with $150,00 still owed on it. I put $15,000 into it an...
Account Closed
Prospective tenants aren't returning applications
Hi. This is the first time I've formally tried to rent out my duplex (I bought it with tenants and a friend moved in after that). I live in one side.
I have shown my rental to about 20 people within a couple of weeks...
Christopher V.
First time being a landlord, rate my process
Good morning all,I believe I’m finally ready to list my first property today which is a townhouse located in Hoffman Estates, IL (Cook County). I’ll be using Cozy to help me out. I’ve been doing some research using th...
Steven Hershey
401k Withdraw Good or Bad idea?
I have this Idea of taking a 20% withdraw for a down payment out of my 401k to avoid PMI costs and down the road to grow my properties to gain financial independence. I understand all of the consequences like 20% fed ...
Dan Handford
List of Lender Denials for Inexperienced Multifamily Syndicators
Many of the people here on BP are inexperienced when it comes to multifamily syndication. I thought it would be a good idea to begin a list of reasons that a lender may deny someone a loan due to their inexperience. H...
Justin Jolliffe
The fastest way to eliminate PMI?
I'll cut straight to the point:I am purchasing a 3 family to house hack and I want to get rid of PMI as soon as possible. Here are the numbers.Purchase Price: $335,000Gross Income $3600.I have the money to put down 3...
Jonathan MacMillan
Looking for New Cities to purchase SFH for about 125K
Hello all, I've been reading this site on and off for a couple of years. Seven years ago I purchased a SFH in Aurora, CO for 110K. It rented for about 900 as I slowly paid off the mortgage. I now own the property out...