Maurice Smith
refinanced my loan , need advice before closing
BP,
I need some input , what would be considered a good interest rate on a 4 plex investment property ( non owner occupied)? I closed at 6.125% with a loan amount of $277k back in feb 2019. I refinanced at 4.875%...
Andre Bias
Can I buy a property using hard money
Can I purchase a property with hard money to cover the closing than Sale it to have a bigger whole sale fee say bought it for for 30k with hard money purchase arv 205 repairs 50k I relist it for $60k would a hard mon...
Dontrea Riser
How many grace period days do you give tenants after the first?
Open to replies/opinions from ANY market. Should tenants get a grace period? Should they be charged late fees? Share your experiences with collecting rents and making grace periods/late fees work in your favor. I have...
Charlie Moore
STR PM Long-distance
I'm finally UC on a STR. Been looking for months and really excited about this one.
As I run the numbers, which I am trying to do conservatively, I am seeing that PM companies severely hurt my margins. Obviously the...
Kelly Jenrette
First Time Investor wanting insight
Hello BP Family!My name is Kelly Jenrette, and I've been a Pro Member for a little over a month. I've been listening to various podcasts, reading books, etc. My husband and I are new to investing and excited about t...
Kyle Hern
Property management: is this a red flag?
Hello fellow BP members! I'm still working towards my first real estate investment and trying to build a team. I was looking at a few companies in Indianapolis and found T&H Realty Services. They look great and se...
Joel Fine
What do you REALLY pay for Property Management?
I'm somewhat new to Real Estate investing, so I analyze lots of deals as a way to learn. I want my analyses to be as accurate as I can get them.I've been concerned about the accuracy of my estimate for Property Manage...
Nhi Bui
Need a company recommendation to set up llc in Florida
Do you have any recommendations for a company similar to Anderson Advisors but in Florida? A company that has advisors, a tax team and an accounting team all together?
Arary McGowan
1st Wholesale Deal On Track To Close Tuesday
I have my first wholesale deal on track to closing on Tuesday. It was a deal I found in Milwaukee , WI. I live in New Jersey. I did a direct mail campaign and got a few calls. Most of the owners were out of state and ...
Praveen Balaji
$935 "Audit compliance charge" in Buyer agreement
My agent has sent an exclusive buyer agency agreement. I'm fine with everything in the document except for something titled "Audit Compliance Processing Charge". The agency requires me to pay $935 when the transaction...