Hello all, my first post here. Tried searching but couldn't come up with the answer I was looking for. First im looking for an opinion on the legality of my late fee clause pertaining to charging a 5% late fee for 1) ...
I sent out 500 letters in my town, and another 100 elsewhere on the island I live on, it's Cape Cod, a very popular vacation area. We have a lot of snobby old people, and lot's of property stays within the family. A s...
To the group: As more and more "deals" cross my desk and I perform underwriting, I find that the vast majority of these deals are simply overpriced offerings - even in lousy locations, Cap Rates are around 3-4%. Mos...
Hello, first post here. I've got my first deal under contract, but I'm struggling to find committed cash buyers/investors. I've been in touch with five people who have all seemed exceedingly interested ("Looking to bu...
I am submitting an offer today on a property in the Seattle, WA Area. The listing agent is telling me I need to have a buyers agent and I cannot submit an offer on my own. Is this true???
I have never heard this befo...
Hello BP Community, I'd like to get your opinion on a situation. I found a property that was marketed for sale while I was on a home inspection of another property just a few doors down the street. I contacted the sel...
I’m 32 years old, and a full time teacher. My wife and I own two investment properties with $224k in equity that are currently cash flowing $800/mth after all expenses and after accounting for vacancy/maint/capex. Our...
I’m currently 18yrs old and reside in the Bay Area. I’ve been stuck in a state of confusion as of late just due to not knowing where to invest, I started off wanting to invest locally and I quickly seen that wasn’t a ...
Over the past year there have been a lot of political hot button topics making their way to the public eye. Some of the issues that have blanketed our news coverage include racism, gay rights, gun rights, and religiou...
Due to recent hail storms I need 3 roofs replaced. I've called a variety of roofers and they all seem to want to scam me one way or another. I've called a couple of them on their pricing. Most of them act like the ...