Markus March
Late Fee Pricing
I have a rental property in Mississippi an I charge $50 dollars late fee with an additional $10 dollars late fee every day after the 5th of each month. My question is what is a good price to charge for late fee an wha...
Charlie Moore
First Day...... 35 inquiries!!!!!
Posted My Property for rent, last 24hrs I have had 35 inquiries Via Facebook marketplace - Am I doing something WRONG? - Should I show the home to EVERYONE that wants to see it, and charge everyone an application fee?...
Aaron Christen
Transferr property into LLC
I am purchasing a 4 unit apartment building in my hometown in Wyoming. I am using Guild Mortgage, from which I heard of on one of the podcasts, and we have a branch in my town. I was going to purchase this property wi...
Brett Vandervort
Is now a good time?
Real estate investing has been my dream for years, and I'm eager to start! I thought it would be an good idea to get my feet wet by buying a house and renting out the extra rooms to roommates. But is now the right tim...
Travis H.
Do These Goals Seem Reasonable? (and other questions)
Brace yourselves. This one's a doozy. Skip to the line if you're in a hurry.I joined this site quite a while ago. Then, I forgot about it. I just focused on other things, almost all of them crazy ideas and flights of...
Rich Weese
40% loss in net worth in last 3 years
I'm sure many have heard the numbers recently that the median net worth of individuals in the United States has dropped 39% in the last three years. I'm just curious how BP members have fared during the same three-yea...
Fay Chen
To Rent Or To Buy?
Dear BP family, I have a difficult decision to make and would like your opinion.Decision: I'm looking to move to Pasadena, CA in June. Should I buy or should I rent?Background:I love Pasadena! I regretted moving away ...
Daniel Peavey
Acting as a bank
What do fellow investors think of selling investment property that is paid for 100 percent.Acting as bank. 30 years of payments. What are costs associated with foreclosing process.What are other benefits and pitfalls
Account Closed
Syndications
I'm looking to invest into a Multi Family Syndication deal and I noticed that the sponsor fees vary from about 1%-3%, depending on the deal. Is that fee usually based on the selling price or do they include rehab mone...
N/A N/A
College area rentals?
I haven't posted much on this forum, but have been lurking for a little over half a year. I thought it was time to bring up some of my thoughts/experiences with college SFH rentals.
I am a very novice REI and current...