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...
Jay Hinrichs
Unlicensed agents being charged in court
http://www.straitstimes.com/news/business/property/story/woman-charged-marketing-foreign-properties-without-licence-20140521As many may know there is a huge sales effort over seas to sell US turn Key properties. And m...
Joe Gee
Buyer went behind my back
I had a contract with the seller. Put it out there and found a willing buyer that I've never worked with. We signed an assignment contract and I gave him a copy of the contract. I always feel funny about giving a n...
Mindy Jensen
Contractors: If I Buy Materials, Do You Still Need a Downpayment?
I've seen so many forum posts advising NOT to give any money to contractors upfront - because so many people have been ripped off by contractors. I've seen many responses from contractors, saying they've got to buy ma...
JD Martin
Realtors Association agrees to settlement to eliminate fixed fees
https://www.cnn.com/2024/03/15/economy/nar-realtor-commissio...No question there will be big changes coming up in real estate sales and the model.
Alicia Marks
QOTW: How to get a reluctant spouse/ partner onboard?
We have heard it a billion times, "I'm super excited to invest/ reach FIRE/ make a career change, but my partner isn't on board." Have you been there too? Share your ideas for what may or may not have worked to encour...
Liliana Ruano
Oceanpointe (and Morris Invest) Property Management Problems
Hi everyone,As mentioned before on another post, my husband and I bought a property through Morris Invest back in August 2016. Everything went smoothly, and there were no issues. The only problem that we had was a l...
Matt Inouye
BRRRR - Low Appraisals
Hi BP Community,I recently encountered a situation with my primary residence that got me thinking about how it might impact my use of the BRRRR strategy.I recently refinanced my personal residence with about 60%LTV. ...
Doug Kenney
Fund & Grow Case Study
Over the past few months I've become aware of Fund & Grow as a financing option (I heard about it on the Clayton Morris podcast), and I was really intrigued by it. Their promise: You give us $3K up front, we'll g...
Charlie Anne
What was your first purchase?
My goal is to buy 1 rental property this year. Tell me about your first purchase!
Where was it?
How did it go?
Do you still have it?
1 thing youwish you knew?