Nirbhik Modi
Property age for buy and hold rentals: Dallas Market
Hello, I am trying to do my first deal in the Dallas market and most of the rental properties(SFH) where numbers make sense ( CoC ROI > 8% and cashflow >$150) are mostly old properties - pre-1970's house. So in ...
Mel Cosio
Tenancy In Common agreement - can percentage splits be fluid?
TIC agreement question for the experts on this board:A normal TIC agreement would specify the fixed percentages of each partner. For example, if the TIC is buying a 500k house and my company puts in 250k, my percentag...
Wade Funk
Agent/investor deal logistics?
Howdy BiggerPockets folks!I'm an agent and investor. I'm considering buying a piece of commercial property (50/50 with a partner). It's a small piece in my hometown. The goal is to buy it at a discount, repair it, ...
Anya Swanson
Flip without getting a property under contract...
This is my first flip. The seller has accepted my email offer on her house. The cash buyer has accepted my price. Question: Do I still need to get the property under the contract or could I just connect the seller and...
Patrick Russell
Debt pay down with 401k
Hello, I have a primary residence and about $10k in bad debt (not including car note, student loans and a small medical bill). I have about $5k in a credit card and another $5k in a home improvement loan because I had...
John Jack R.
Multiple Offers within Days of Listing. Left Money on the table?
Multiple Offers within DaysReceiving multiple offers within days of listing a property and then getting under contract, to many Flipper investors is a dream come true!A couple months ago a Facebook friend Flipper, an ...
Richard Bickford
New - Need Mentor and Guidance (Mid Oh)
Hello, I'm looking to transition from being a full time Engineer (30+yrs) into RE investing and would like to have a mentor (guidance) as I start this long term effort.
I'm in central Ohio and work from home w/a flex...
Troy Forney
Keep VS sell
Hi bigger pockets! I am looking for some advice. My wife and have 2 duplexes and 3 single family homes. Due to higher taxes and home insurance rates, our cash flow has literally been cut in half. Rents seem to be abou...
Robert Fisher
What's appropriate sales commission for a US$9 mil sale?
3 adjacent properties in NYC are being sold together for $9 mil. What commission is reasonable? I would think the larger the amount, the percentage maybe be lower....? Broker is proposing 4.5%.
Bobby Narinov
Have anyone used Flex Realty to sell their propery
After having a bad experience with Flex Realty Property Management (See my other discussion on those scammers), I decided to see how far Mr. Jim Moody's audacity can go so I decided to take him on to sell my rental f...