I recently got a bid for a rental rehab project . There is a 13% management fee included in the final price. Is this normal? It’s the first time I’ve seen a management fee assessed. What’s the average percentage ? Th...
I am a single family investor looking to make a first multifamily investment in a friend's company where he is the lead GP. Need advice if this is worth looking into.
The property has been negotiated at a 20% discou...
Hi,I just wanted to what things can I ask a seller regarding a sale of a home. I know a can ask the seller to pay closing cost or give me an carpet allowance. What are some other things I can do? I wanted to control t...
Hi REI experts and aficionados alike!Have a deal brewing, but it'll take some creative financing and wanted to get your thoughts as I've never done any deals more complex than a standard conventional 30 year loan, or ...
Hi All, I am communicating with a seller who has a house in Long Beach, Long Island NY about a block from the ocean that I think may need to be lifted. This would be a possible flip (my first one) or potentially a who...
Investment Info:
Condo fix & flip investment.
Purchase price: $229,100
Sale price: $352,000
1 bedroom, 1 bath condo with a bonus living space adjacent to the living room. Acquired at foreclosure ...
Any one ever listen to Lou Brown audio. I found a clip where he basically says everything I have learned on here about taking control of the first phone call with a potential tenant asking questions about stable job, ...
My wife and I are looking to invest in our first short term rental and I would like to set up an LLC for legal protection. I was considering using a second home/vacation home loan to finance the property and I would ...
Hi all,
Just flipped my second house in central mass and looking at multi units in Maine/Vermont/New Hampshire and looking to line up some financing. Have cash in bank and two successful flips under belt and no debt....
We have 4 short term rentals. Well 7 if you count the additional houses on 2 of the properties. Anyway, I got started last year with our first Cabin in Lakeside, Arizona. This is a semi-luxury cabin with 7 bedrooms ...