Ricardo Camacho
What should you expect to pay for closing costs?
Hello Everyone,I'm trying to figure out what should the buyer pay for closing costs? When my wife and I purchased our home we didn't know anything about buying a home. When I heard the real estate agent say closing co...
Mit P.
What Fees/Commissions to expect from Commercial Mortgage Broker?
Hi BP! I have a Maryland commercial mortgage broker who will shop lenders for my financing needs. My rental property presently has one SBA, and one conventional (balloon). The idea is to re-finance for a better rate b...
Ben M.
How to determine life expectancies for each Capex item
How does one usually find out life expectancies for Capex items such as roof, appliances, heater, etc. What is the most efficient way to get this data? I suppose the home inspector may be able to provide most of this ...
Jordan Schoner
Making a Difference in Peoples Lifes: Expectation vs Reality
When I made a career change and decided to be a full-time real estate investor I had many reasons for wanting to go into real estate. I wanted to make my own hours, be my own boss, and make more money. I am accomplis...
Chad Jarrah
What should I expect from a Private Lending Offer?
Hello! I've been flipping for ~10 years now (just very slowly - 1-2 per year) and have done well on each one. I've taken the profits and invested them in 4 rentals (and a personal res) over the course of that time. Th...
Michael Zagorsky
Expectation of property management getting multiple bids on HVAC?
I got a call my from property manager about the rental I current own long distance in Birmingham, AL. They got a call from the tenants that the HVAC system stopped working and the service company they brought out con...
Timothy Riley
What to expect in purchasing a short sale SFR?
Im looking at a short sale SFR that i wouldn't mind purchasing. Im purchasing with cash but am short a few thousand of asking price. I don't feel the asking price is bad but would like to offer what I can afford now a...
D Higgs
How often are you expecting Property Managers to walkthrough
Let's say you have your property, and everything is going according to plan with your REI. How often do you want your PA doing a walkthrough of your tenant occupied units? Is this allowed? If so, is there a difference...
Noel Devere-Bennett
Opex / refinance expectation for Multi-family in Memphis (Trigg)
I've placed an offer on a 16-plex multi-family building in Memphis (near Trigg) and was wondering is anyone could give me a reasonable expectation on expenditure costs per year. I plan to fully rehab the building but ...
Kennedy Nguyen
Expected Cash Flow if Living in First Rental Property
Hello,I am currently considering purchasing my first rental property which I expect to live in for the first year. The place is 3 bedrooms and I plan on living in one and renting the other two rooms. Let's say for ex...