Example - $103,000 ARVARV minus the following:$4,120: 4% acquisition costs & holding costs (2% each)$6,180: 6% real estate fee$30,000: avg rehab cost$30,000: avg profit$32,700 offer priceHowever, the teach s...
Rules of the Business Game
There are no rules set in concrete.
Let me share an experience I once had that may help you with all future negotiations and business dealings.
In the 1980s, I was seeking professional in...
Hi All-
Looking for insight on a situation I have with a previous tenant. Long story short, their lease was due to expire on June 1, 2020, but in February they requested a lease break to exit the unit on April 1, 2...
I'm currently looking to buy multifamily (apartments) in Southern California 4.5-6+ cap or South/ Central Florida 6+ cap (LA, Inland Empire, South East Fl etc)I currently own manage a portfolio of about 40 units with ...
I'm curious as to whether anyone is getting decent cash flow at 1% of purchase price? Or more specifically, is it possible to find good quality single family homes or duplex's (at least in an up and coming '"C" clas...
I've started the process of talking to brokers about getting a conventional loan(preferably FHA) to do my first flip and I'm straight up with them by telling them I attend to flip the house as soon as possible. A cou...
Hi BP,I wonder if there are any guidelines or rules for the landlord when kicking tenants' friends out. for instance i have a tenant whose mother is extremely irresponsible for her children who are over 18 years old. ...
This is a post I put on FB about raising money through advertising: For all of you that think that the SEC doesn't care about your general solicitation, you could not be more wrong. Today the SEC came out with this as...
This is about a person who has applied to rent a house. He is charismatic and likeable, talkative and seems genuine. His income and personal references check out. However when I ran his background check, he was succes...
I have a prospective renter who says has has owned houses in past 7 years.So, he does not have a "landlord reference". How to deal with this situation because I can't check any landlord references!!