Bill S.
Closed on a 6 unit yesterday
Stats on the property. 6 units in the hot Denver Colorado Market. Purchase price $515,000. I added $15,000 onto the price to pay myself a commission. I dropped the ball on financing and didn't start rounding up money ...
Joe Kern
Property Manager Fees -AirBnB
Hello All - just finished setting up and putting my first short term rental live on Airbnb. I just rented out most of the previous month , and agreed to pay the property manager 18% of the booking fee host payout so n...
Karlo Alamo
To pay, or not to pay?
Hello friends!
I recently lost my job due to COVID, and I had a work history with a good income for 4 years. Now that I decided to chase what I really want which is Rental Investment, I've come across this roadblock....
Gerich Fellermann
Seller & Lender communicated to have appraisal raised
Hi all,I am working on a turnkey in Kansas City, MO and the appraisal (ordered by me through company referred by Lender) returned an appraisal that was $21k below the contract price ($162k ->$141k). The seller the...
David Acra
Building a relationship with a lender
Good day BP!
I'm am starting to build my work team and wanted to see what success folks have had with establishing credibility with a lender. I have capital to back up my investment but know that is not enough. Since...
Jordan Vires
Cash Flow per Single Family Property
Greetings!
As a general rule how much should a single family property cash flow to make it a potential buy? I am familiar with the 50 percent rule often used on Multi Family properties. Is there a similar rul...
Adam Anderson
JWB Real Real Estate Capital, Can anyone comment on performance?
Hi,I'm beginning the process of expanding my portfolio out of my home sate and have been diligently researching turn key providers. I have other property in FL and often visit the state. It looks like JWB has a very ...
Sebastian E.
Negotiating a Second Lien on a Subject to
Hi BP! I need some wisdom here.
I am analyzing going in on a deal that is subject to financing.
The property has a first mortgage of 220 and is behind 13 months (11k) and is in pre foreclosure. The seller has a sec...
Richard Bersinic
New investor to the Cleveland Ohio area
Hi everyone,Me and my partner Kristin are investors from Canberra, Australia. We are new to investing in the Cleveland area and are looking to network with other investors, contractors, realtors, and property managers...
Ruth Galgano
Inherited Rental Property Unsure How to Proceed
Hello!I have been lurking on and off since September trying to learn what I can. My husband's mother passed away and left him with a house she was renting to her fiancee's ex-brother in law who was on disability and c...