Question to the BP Network-
With the steep increase in rents in the marketplace. Is anyone seeing adjustments to Property Management fee percentages? What is fair? At what volume should a discount be discussed? 10...
Hello Everyone. I recently tried to get funding from a lender for a purchase/rehab project. I paid for loan processing fee, which in hindsight I shouldn't have done but I did. I paid the fee and then he stopped commun...
This has just come up for the first time in 14 years of landlording. The tenant pays us through their bank auto-bill pay. They are usually right on time, we get a check in the mail from their bank on the 1st or 2nd ...
How much can one expect in revenue from adding coin-ops in a 4-plex? I have seen some listings which advertise $50-$75/week, is this a good estimate? Also, has anyone dealt with the maintenence of these things? Doe...
Hey BP, Looking for your best bits of wisdom...We have a triplex in Brantford, Ontario, Canada.We successfully evicted our tenants about 2 weeks ago. The reason for the eviction was because they were smoking cigarette...
Happy new year , everyone. I am in the process of making my 5 year goal—to find commercial real estats which will generate $6000 per month positive cash flow. I am very new to commerical real estate investments, exc...
I recently made an offer (asking price) on a HUD forclosure and the offer was accepted. Closing date was March 30 but HUD said they were not ready to close (something about a "Deed of Trust"). We haven't heard from th...
Hi everyone. I am staring my wholesale business in the Chicago area. And I have a few questions. 1. What are the best marketing tools for finding deals? 2. What are some of the best practices for building a strong buy...
Purchased my home in Hawthorne using a VA loan in Aug 2020 and now I’m renting out the home for $4000. Breaking even and not pocketing anything after HOA and insurance. My second home I purchased with a conventional l...
Hey BP,I am considering buying a home at auction. The home is currently occupied by the previous owner or a tenant not really sure. I was wondering what the process is like to evict the current tenant/owner if I was t...