David Adams
security deposit vs. insurance
Interested in BP community opinions and experience on security deposits versus landlord insurance. Obviously as the landlord, you don't have to pay to collect a security deposit whereas you'd have to pay for a landlor...
Account Closed
Should 6% Still Be Charged to Sellers?
As a real estate agent, I have seen a push in full-service reduced listings for homeowners and investors looking to sell homes. For example, this would be decreasing the standard 6% fee to sellers to around 4%.What ar...
Minna Reid
What have you found to be the most effective FSBO strategy?
I own a condo that I'm currently evicting the deadbeat tenants from. the place is a loser and I dont want to keep it. Problem is I dont have a whole lot of equity in it (about 20k, comps at 180), and if I list with a ...
Kris Rasmussen
oil heat
Hey everyone,So I am close to putting in an offer on a house near me here in NJ, if all goes well this will be my first flip. All in all the house appears to be in pretty good shape, it needs a new bathroom and kitch...
Michael Madill
"Subject to" help
I am looking at a posible "subject to" deal. This investor is in preforclosure on a house that also as tentants in it with a lease option. The house was just listed on the MLS as preforclosure short sale.
I contacte...
Daniel Mills
Rules of thumb for Center Point, Birmingham, Alabama
Hi guys,I'm in the process of looking for a rental in the Center Point area of Birmingham. I am working with an agent, but of course, I'm weeding through a lot of listings.Are there any rules of thumb that more experi...
David Katz
Turnkey Property Management Question
Aside from Memphis Invest (now REI Nation), what other turnkey companies have an in-house property management team? A friend of mine was considering turnkey, and I advised him to look for turnkey providers that actua...
Bryson Cox
Property Management charging too much!?!?
Hello....I wanted to get people's opinions on how much is normal for a property management company to charge? Currently the management company for my 13 unit apartment complex is charging 10% of all rent collected as ...
Christopher Middleton
For Sale by Owner or Real Estate Agent?
What strategy saves more money (on average)?
For Sale by Owner
or
For Sale by Real Estate Agent
Jimmy Hong
Wells Fargo required 2nd appraisal and...
I have a buyer who is very excited to purchase my rehabbed property. We had 2 offers and she agreed to purchase the listing price and also agreed to pay difference if appraisal came in low. She was pre-approved and ...