Account Closed
Is the realtor's comission reduced if the property sells for less
Hello agents, are your commissions reduced if the property sells for less? Lets say a property is listed for 100k you get 3% which is 3k but then the property gets sold for 50k do you still get 3k or 1.5k?
Evelin Montenegro
Analyzing deals in Columbus, OH
Hey BP,I’ve been analyzing deals in the Columbus, OH area and I’m trying to determine if I’m underestimating. Here goes: 5% - Vacancy 5% - Cap Ex5% - Repairs $50/month - Insurance 10% - PM3k - Closing costs Thank you ...
Adam Keffer
Newbie from Pittsburgh, PA
Hi All! My names Adam and I'm a new member here from Pittsburgh, PA. I've always been interested in REI and have since become more serious since I found the BP Podcast and Forums. There is so much useful and awesom...
Mike Mutabazi
How does a 15K a month portfolio look like ? I'm a beginner investor
Hello BiggerPockets Family,I'm new to REI, How many houses/ doors does it take to cash flow 15k net profit every month ?
Skylar Dejesus
Intriguing deal? JV Partners?
Hi my name is Skylar DeJesus and I live in Johnson City, TN. I have been investing for about two years now and love it! Unfortunately, I have hit a small road block in my investing journey and am trying to be creative...
Alex Furini
Background Check cost Based upon New NY Rent Laws
Hi all,Couple of questions for discussion regarding background checks for new tenants in NY based upon the new rent laws.1. Is the $20 cap on background/credit checks per tenant or for the entire apartment? I.E. apart...
Mushfiq S.
Selling Condo in Eastlake. Questions
I have been trying to be more active in the real estate game. I have a property in Eastlake area which is a 1bd 1ba 630 sq feet condo.My next door condo (same specifications) sold in July 06 (3 weeks ago) for $270ish....
Tam Vo
Refinance exist loan
Hello,
I have current loan on a manufactured home $51365 . The estimated value $225,000. If I want to refinance it for 15 years 3% fix rate the closing cost would be $2900. Does it worth it.
Any advice is appreciat...
Stuart Drake
Surplus Sale in Indianapolis, IN
I have purchased property before at the annual Tax Sale, but have not ventured to any of the surplus sales, as of yet. Unfortunately, the amount of information that Marion County has available is limited. When purchas...
Chad Walsworth
Determining wholesale price?
I understand the formula used by most wholesalers is 70% ARV minus rehab minus your fee.......my question is when I am making an offer to the seller, for example100,000 arv15k repairs 10k feeWould my offer price to th...