Quick question,
So I usually calculate 3% in my deals analysis for closing costs. Or that was what’s recommended to me from other users here on BP. So my question is, what does that include? I know sometimes the sell...
I'm currently contemplating a counteroffer on an off-market fourplex that will be $50k (or 8%) over market prices for the area. The reason I'm even considering this counteroffer is (1) there is limited inventory in t...
What total fee amount including appraisal, should a guy expect to pay on a $20-$25k cash out re-fi?
Hello BP! We are excited to say we received news of a deal today! We used the BP calculator to review the numbers. However, we would love some expert advice.This is a buy and hold deal in a good part of town. The sell...
How can I write my contract/ purchase agreement to where the buyer and seller cannot see the assignment fee. Also, I've been having trouble with some title companies that say they cannot accept an assignment contract ...
As a wholesaler, I am somewhat sure there will be fees when dropping off the property and assignment contracts. I know it depends on the title company and how much they would charge, but from experience about how much...
I signed a contract with a property management company about 2 weeks ago. Their service was pretty poor over the two weeks and so I decided to cancel. For example, their response time was super delayed and the contrac...
Hi everyone, I moved overseas and hired a big name management co ( Two letters and one number in their name) in Riverside to handle the property. They take 10% which is fine. But it is the excessive side fees that I c...
Just looking for some thoughts on this situation, kind of from the opposite viewpoint of what we normally see on BP.
My g/f just moved out of her apartment and got a friendly letter in the mail a few days ago saying ...
I am at the point where I have a enough volume of flips/rental properties that I negotiate everything from contract work to property management fees. Most people are good with reduced rates if I give them volume.With ...