Ryan K.
Contractor price - lump sum or breakdown?
Curious to know how everyone is receiving contractor scope of work and pricing for rehab projects, do your contractors provide a scope of work with a lump sum total, or do they break down the items? For example, say y...
Bob C.
"What do you (Mr/s. Seller) think your house is worth?"
I was listening to Podcast Show 81 the other day and one of the things Michael Quarles said really surprised me. He said that when someone calls him to sell them their house, he does not (ever) make an offer. He (ess...
Jan Kutrzeba
My deal finder / agent tells me my offers are too low
Hello BP family,
Virgin multifam buy-and-hold investor here.
I’m trying to buy a 2-4 -unit with conventional financing (already pre qualified) in Allentown, PA. My offers are based on healthy cash flow; min. $150/do...
Account Closed
Speaking of Credit Scores -At What Number Does A Score Scare You?
I didn't want to derail the other interesting conversation about credit scores, so thought I'd pose this as a separate question.When I was renting to mainly techies and students, they often had no credit at all. Ofte...
Marcus Griffin
Buy subto sell via wrap question
Im closing on my 1st subto deal at $300K(240k mortgage balance, $60k Partial claim balance) Seller interest rate is 3.4% payment is $1900. I'm looking to wrap this to a end buyer for $350k at 9% interest 10% down. Sho...
Muhammad Rehan
Need advice regarding which areas to target for out of state investing
Experts, I am looking for some pointers which areas to target for my 2nd rental property. I am based out of California.$$ Range = max 250kDown payment = max 25%Goal = Positive cash flowBelow are the areas i have done ...
Kayde C.
Will my Hand Tattoos get in the way of me being a realtor?
I’ve been fortunate enough to have found success owning my own business for the last 4 years. It pretty much runs itself at this point and I only have to put in less than 15 hours a week into it. In my quest to find w...
Thuy Pham-Satrappe
Do you buy small MF (2-4 units) for cash flow or appreciation?
I know the unicorn property offers both great cash flow as well as future appreciation, but how often does that actually happen? Other ideals would be low crime rate area as wellLooking at small multi family propertie...
Brandon Sowers
Fair rate and fee increases from your PM
My PM firm is located in NC and we manage just over 800 doors. Our management fees have gone basically untouched for the better part of 10 years. Our firm has a very simple fee structure that includes 8-10% of RENT CO...
Francois G.
Convince Me Why Buying All Cash Is Beneficial
Hey Guys,The name of the game has always been leverage for me. Building wealth can absolutely be accomplished by using credit, OPM, etc. Every now and then, I come across that investor who buys his properties all cash...