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Greetings,Does anyone have experience in getting a wholesale property under contract and selling to a "non- cash" buyer? Not sure if this is even possible. Often wondered how it worked and is it worth it? I have done ...
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Hey everyone,
I currently own two 2-unit rental properties. I live in one unit. I have owned one of the properties for 8 years and have approximately $90-100k equity in that house. The house I live in, I have owned fo...
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Hi BP Fam,
I am curious to see what everyone considers fair for allocating ownership in an equity partnership, specifically for self storage. To keep it simple, I am wondering what percent to allocate for (1) finding...
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Hello Everyone! I am a Texas landlord that has currently have a tenant vacate the house and i think they weren't able to solve their problem with the water utility company they used. If they didn't resolve things the ...
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Hi everyone,I see some people are estimating 3%-5% for closings costs. I am trying to calculate the closings costs for multi-unit properties in Chicago. Any advice on how to estimate the closing costs? What are some f...
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So I'm starting my first direct mail campaign. I've already written some using the most basic yellow letter format. Dear [ ]Hi my name is [ ]I would like to $Buy$your house at [ ...
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Hello - I am putting together a deal where the property has to be demolished. What would be an appropriate range on a bid for a teardown of a 1000 sq. ft. structure with no basement?
I am trying to sell for the value...
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Hello, I am looking for insight from experienced single family and flip investors in regards to partners. Is there a time when there are too many partners?As an example, three partners that all bring something to the ...
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Just joined BP and I was hoping to get some help with single family rental property questions.1. What maintenance, if any, is the tenant responsible for? I assume landscaping but what about changing out a/c filters or...
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Hi BP community,I am a tenant and had a question about the following statement in my lease agreement:"Regardless of assignment of responsibility, tenant agrees to be responsible for the first $250.00 of any repair or ...