Scott Kirby
Vacation Rental Property Manager Percentages
My wife and I are looking at vacation rentals in PCB area. We live in TN and would need a property manager. As I analyze deals, what would be an appropriate percentage to budget for a PM? Thanks in advance
Billy Bell
Marketing with purchase agreements instead of yellow letters etc.
In a previous forum about marketing, @Steven Butala brought up an amazing technique for marketing that is direct to point and completely transparent. Instead of sending yellow letters, post cards or anything of that s...
John Delacruz
First Mortgage Advice
Hi, I am planning to buy a home. As I don’t have enough savings for that, I have no option other than a mortgage finance. I don’t have any previous experience with mortgages. So, I asked my friends for their suggestio...
Clyde Farro
Investment opportunity
I am relatively new to real-estate investment and got the following two opportunities.
Can you specify if my calculation approach is according to standard?
Can you inform if these opportunities are profitab...
Tyler Derickson
Seller carry second mortgage with variable terms
I'm looking into a commercial retail deal where I would have the seller carry back a portion of the property as a second mortgage. I like the property as it's in a good area, however with the lack of national tenants ...
Caleb Whitney
% below BPO
EDIT: the title should read "% below BPO
Can anyone post what the percentages below BPO the different loan type usually take? I'd like to hear some negotiators chime in on this one.
George Voutsinos
Partnering with Owner? (New Construction)
I've come across a situation where an owner has (2) vacant lots next to one another where they'd like to build (2) new homes and sell them. They have no experience with a project of this magnitude or any construction...
Michael Calderaro
Laundry Room Issues - How commissions are paid to your property
Greetings Gentle Readers!Today's topic is one that is of some concern to multifamily apartment owners currently in a laundry lease or thinking about signing a laundry lease."Commissions" is a colloquial term used by l...
Ian Gilligan
How to split initial capital invested & profit
Hi all,Starting to invest with a silent partner; we're going after some singles and small multis in the midwest. I will be doing all the leg work, partner is just investing capital. Trying to determine how to split bo...
Ryan Emrich
Estimating CapEx in Massachusetts
Hi BP Community,I am looking to improve my CapEx estimates for properties I own and/or make offers on. I am based out of Massachusetts for price-point reference.I think of CapEx from the perspective of each property, ...