We are doing a hard money 12 month loan for a fix n flip and our closing costs are over $10,200. Purchase price is $121k. Is this standard for hard money or too high?
Hi Everyone,
I'm a bit of a new investor, but I've always been a numbers junkie and enjoy practice with analyzing deals. I think I have the gist of it down for Single-Family & Small Multi-Family, but I'm looking ...
One of my family members is trying to negotiate with a tenant that hasn't paid rent in 5 months. What is industry standard for amount of cash to give for keys during this COVID period? And what would you tell tenant i...
I have a investor who will lend 150k + in cash with me to flip and BRRRR properties. His terms are 5% interest on his investment and half the profits.Does anyone have good insight on how best to structure this partner...
Looking at a 38 unit apt. Complex. Largest I’ve done so far is 8 units. What is industry standard for inspections? Are there differ types of inspectors for this? Do I need a structural engineer? Etc. anyone with expe...
If you buy a home from a homeowner who is living in the home, is there a standard amount of time for them to be allowed to live there before vacating, while they look for another place to live and move there?
I'm looking to hire a new property manager and they seem to want to keep any late fees if the tenant pays rent late. Is this the norm? It seems unfair to me that if I get paid late they keep all the late penalties
Hey BP,I know market by market you will find different numbers. However, I was wondering if 70% is starting to become too good to be true?Are regular wholesalers out there starting to see that deals closer to 80% - RC...
My husband and I are starting work with a property management company to rent out our first property (was our first home that we just moved out of). Based on all the research we've done, they seem like a great company...
Looking for anyone whose had experience with these “online” brokers who offer 100% commission. Are they legit?