In a competitive market, you would expect real estate commissions to get competed down between brokers. For reasons I don't understand, commissions stay high across all brokers at around 5% to 6% per deal. Can som...
hey BP - I've been looking around in Ohio for smaller multis and apartment buildings, and while the rents can be great, the neighborhoods that I like just have property taxes. For example, I'm looking at 4plex in a B-...
Are the great deals gone?Through the years I’ve been seeing less and less “great” purchases, and more and more deals to be had at “market” pricing. Currently, we are at 12.75% interest with 3 - 5 points on the loan o...
I am staring renovations on a property this weekend.It's only a 1400 sq ft house in good shape and requires cosmetic fixers.I'm planning to rip up the lino and carpet and install tiles and repaint the entire interior ...
I'm looking for some protection against a tenant who will break a lease, especially during the winter months when it might take more than one month to find a replacement tenant. A early termination fee in the lease, w...
In reviewing my posted goals for 2013 and 2014 I have the following results.2013 My goal was to buy a fix and flip and add 1-3 cash flowing rentals. I bought a fix and flip in a nearby town that needed a lot of work....
Dear All,My family is trying to make the best out of a situation that we are currently in. We live in Southern California and have a rental property which rents about 2k per month, after paying the mortgage (about 10...
I just wanted to thank the many awesome members of BP, and share a success story that may brighten some of your days. As some of you know I was interviewed by Rod Khlief multifamily podcast on episode #221 just a few ...
Almost every host has experienced it, a high maintenance guest that you go the extra mile for and reports nothing wrong during the stay, but then posts a hyper critical review as if they are Gordon Ramsay reviewing a ...
Hey everyone,
Just wanted to let everyone know about the newest podcast episode that just came out this morning. It's different from anything we've done yet for a few reasons:
For the first time, we b...