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If a rental property has $600-700 in rent coming in, is it standard for property management companies/people to take 10% of that ($60-70) or is it common for them to have like a $100 minimum? Just getting a feel for s...
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As a bit of background, I live in Los Angeles, my investments consist of sfh in Ohio and one vacation rental here in California. Before I began investing, I got my CA real estate license (Its now expIred), signed on w...
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I have a rehab property that was close to completion when a cash buyer walked up to the property with offer and a bank statement in hand showing he had the funds to purchase. My business partner and I decided to accep...
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Over the last week (man how fast the world can change!) I've had clients and fellow investors and agents reach out to ask questions on the market. I share what I know and often learn tidbits from them.
It's been a gr...
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I would love some insight to this as I am a new investor (don’t have a home yet). I know most don’t recommend using a PM but I see myself long term with 60+ units one day and would eventually use one anyway. Ok with t...
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Hello BP Community,I've been accused of short-term renting my unit (which I have not) and was fined $12,000. Furthermore, the building's bylaws have a 25% rental cap, and my unit is NOT approved, yet I informed them t...
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Hello All! I'm hoping someone has a miracle idea because we are all out of ideas on our end! Situation: - Killer opportunity to sell one of our warehouses in Portland, OR. - No debt on property. - Tenant is wood worke...
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Hi, I’m a novice, trying to get into making extra income through real estate though I do have stable employment. Have just sold a condo and must do 1031 exchange by July 15th. Will have 400K as liquid funds from that,...
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Presidential candidate Joe Biden plans is announcing a $775 Billion dollar plan to boost Child and Elderly care. It’s a decade long plan that will be paid for by reducing or eliminating 1031 tax breaks for real estate...
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Hello Everyone!
I'm trying to convince my finance/MBA friend why REI is a better business decision than investing in the stock market and I'm not sure he's convinced. What is the best article on BP you've re...