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Hey BP, I was just wondering how property management worked. Say I bought a 4 unit or whatever it may be. Can somebody give me the basics? I see people saying something like 10% of the income on the property? O...
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Since I signed up for my BP membership, I have been pretty diligent about trying to evaluate at least a few properties every day. Originally, just to get reps in I was utilizing the rental calculator for everything j...
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I want to begin underwriting commercial properties and have a good prospect in a 8-unit. The only information I have is limited MLS and county information. I would like to ask the seller for some more information. Wha...
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How are you guys able to make deals cash flow with new rates (assuming traditional bank financing)?For example, a retaltively cheap house in the Houston market is listed at $250K. Assuming 6.73% rate, 20% down, 30 yea...
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I came to BP to learn how to buy multifamily property at a discount to either fix and flip (a la Nickerson) or hold for cash flow.
Obviously, BP is a vast, deep resource of knowledge and I have since been introduced t...
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For the second month in row, my tenants have paid rent 3+ days late. My lease states the following: Shall tenant(s) accounts not be paid in full by 4:00 pm on the 2nd day of the month, a late charge of twenty five dol...
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I'm wanting to enter a more restful season of life after sprinting hard that last few years. Syndications, in theory, sound like a very attractive option to me. I get how they work, but I wanted to ask you:1) Do avera...
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Hey everyone I’ll try to make it short. I’m 20 y/o and my ultimate goal was to primarily learn about real estate. I saw this job app on Indeed “Real Estate Acquisitions” I applied and got hired. 1 week in I realized i...
Hi everyone, my name is Michael and I'm a 15 year old from New York. Over the past year or so I've been trying to get into real estate but there's always a problem with either the strategy or my age. I looked into B...
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When talking to a seller, what is your best rebuttal for "A real estate agent said that I could get $X for the home".
Assume $X is much higher than an investor would be willing to pay.