Brandon S.
New Utah Property Management Company: How much to pay the Broker?
Hi. I'm on the cusp of starting a new property management company in Northern Utah. My business partner and I (both freshly passed the UT agent test) will need work work under the supervision of a Broker per state rul...
Joseph Scorese
Buying to Flip or Hold/Cashflow
There is always the debate which is the better direction. I see some borrowers handling both. Then some focusing on one or the other.Where do you think is the point when a borrower should consider to Model out of SFR ...
Cameron Philgreen
2 deals in but really want a Tesla 😂
We have a rental property cashflowing $500/mo and an Airbnb cashflowing $500/mo. Lots of savings and I really want this used Tesla model 3. My amazing wife is holding me back. Convince me that money can be used better...
Steve Sorensen
Garage Door Purchase
Hi, anyone have good suggestions for purchasing new garage doors for a good price? Home Depot and Lowe's have decent options, wondering if there's any other good options that people have used. I just need the door and...
Mike Schorah
Why do buyers agents have such a high cost of sales?
I was reading in Gary Keller’s “The Millionaire Real Estate Agent” that the cost of sales for a listing specialist is about 8% while the cost of sales for a buyer specialist is 50%.
What do buyers agents need to s...
Sanat Bhandari
Underwriting for an Industrial Property
Hi everyone - I have a light industrial property (small warehouse ~5000 sf) that I am currently underwriting. I wasn't able to find a good underwriting model for industrial assets and so, was wondering if someone coul...
Don Johnson
Credit scoring differences - mortgage vs. what’s shown online
Hello BP community (especially mortgage folks),I recently ran into an issue when having my credit pulled by a mortgage broker. I’m seeing different credit scores on my monitoring services that the score the broker pul...
Marc C.
Interest-only long-term financing: Does it make sense to you?
I've been approached by an Albuquerque investor who is willing to offer interest-only financing for long-term, buy-and-hold, projects in New Mexico and surrounding states. What is your opinion of it? Would it make sen...
Derek DeVerna
Toledo, Ohio Hybrid BRRRR Duplex
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Toledo.
Purchase price: $35,000
Cash invested: $25,000
Two Family Brick Duplex near Toledo Hospital. Both units came wit...
Maarten Stevens
Depreciation on fixtures & furniture
Hi folks,I am developing my universal model in excel for quickly analyzing deals. One question I have is how to incorporate depreciation of fixtures (kitchen, bath, floor) and furniture (including curtains, etc). I am...