Suleman Aziz
S8 Net Cash Flow Per Door
Hi all,I’m potentially an overseas investor looking to get in to section 8 housing and needed a rough estimate of what my net would be per door if going down the S8 route. As I’m not from the US I have zero experienc...
Agustin Rossi
Fees for Rental units
How do application fees work for rental units? What are some examples? Do tenants get this money back if they get accepted as tenants and not if they do not get accepted? I know one example of these fees is late rent ...
Brandon Lee
Subject To Financing - What happens to the loan portion already paid off by seller?
Hello, I've been watching a lot of Pace Morby videos and researching online, but can't seem to find the answer to this simple question. In a sub-to deal, you are assuming the remaining payments of an existing mortgage...
Vince DeCrow
3 Ways We Have Achieved High Returns
Large private equity real estate firms often invest in trophy buildings, from the Willis Tower to the Cosmopolitan Hotel in Las Vegas. The commercial real estate investments that are often more lucrative than owning t...
AJ Wong
Why, How and When (Not) to use seller concessions or rate buy downs for acquisitions
Seller concession, or no seller concession? That is a question.
What is a seller's concession, some may ask?
A seller's concession is a portion of the transaction that the buyer finances, with permission from the ...
Eric Johnson
Rehab Question - Allocation of Funds
Greetings BP members,I'm looking to purchase a property and rehab it to flip. My question, is there a rule of thumb about how the funds should be paid out to the contractor? For example, if a contractor gave me a qu...
Jorge Rubio
Tenant vs Landlord Repairs- Checklist
One of the main points of contention between tenants and landlords is whose responsibilty it is to pay certain repairs. While most leases have a section related to this, I find that they are very generic and therefore...
Account Closed
Valuation for special purpose real property (e.g. Church)
Hello! I have seen many different ways to do a market valuation for special purpose buildings, such as churches or schools. Can anyone guide me as to:1) the best way to properly value a special purpose property2) fact...
Krista Dunn
South Carolina investment property tax???
Looking for some clarity on South Carolina "investment" property tax, which I believe is 6% (and primary residence is taxed at 4%)... Today someone told me to expect the property taxes on an investment property in SC...
Justine Scheuher
Repaying Private Lenders
Hey BP Fam, I am trying to wrap my head around how the repayment of private lenders works, specially while using the BRRRR strategy. Can y'all give me some examples of your terms/stipulations. For example, is a specif...