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BP nation, Got an off market 4-plex. Brings in $3200/month, and in Great condition. New AC/s, tile, etc. Previous owner kept it in immaculate condition. Market value right now is about $320K, I can get it for $250K. N...
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I was wondering if there is some type of checklist anyone uses when they are negotiating with a distressed seller. Say you find a house through direct mail or driving for dollars and the seller is interested. Now I sh...
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Do you always verify tenants income? Is it necessary asking your prospective tenant to provide proof of income, like a bank statement and recent paystub? And require that the applicant provides you with 2-3 employee r...
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We run into to many people who want top dollar for their property and don't want to give much of a discount, if any at all. I know that we need to work on our conversion skills as far as using various tactics to get ...
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Hi everyone,What advice do you have for a small-scale investor interested in scaling into CRE? I have two residential rental doors with a fair bit of equity, which I've not yet leveraged. I'd like to leverage this i...
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Hi everyone,
I'm encouraged by the wealth of knowledge that people on this site are sharing with each other. Seems like a great community!
As a first time investor I'm looking to acquire my first proper...
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Hi guys, Long time BP listener, first time in the forums though. I've had my RE license for about 3 weeks now and I'm looking for some advice. When you were new, how did you go about showing your value to prospective ...
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What underwriting rules do u apply when assessing mf complexes? I heard management is 10%, vacancy is 10%, what maintenance percentage, etc?
TIA
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I attended this training ths weekend. Found all the information useful. But anyone else have feedback for me?
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Hi everyone, So I have debating which entity makes the most sense for starting a real estate investment company in mass. I was deciding between an LLC or an S-Corp and then a business minded co-worker of mine mentione...