Henry Lazerow
The new NAR rules have actually made buyer agent commissions go up not down
Here in Chicago commission have typically been between 2 and 2.5 percent of gross sale price but now with the new rules I have not met any agents willing to take less then 2.5% so what has happened is the listings tha...
John Pruner
Deal gone bad, need advice please
Hi,I came into contact with an Atlanta rehab/investor named Andy on BP in Feb or Mar of this year (2014). He had a house for sale in Altanta that needed some major rehab work (about $15k). The house was not in a great...
Katie Miller
Tell me your BIG Real Estate Goals for 2020!
Hello friends! I'm crowd-sourcing your BIG ideas, goals, and dreams for 2020. What do you want to do with your real estate business this year? Why? What are you going to do this year to move toward financial freedom? ...
Account Closed
Regret accepting offer with owner carry in 2nd position
After listing my property (a 4-plex in San Diego) too high in a declining market, receiving no offers after a month even after a 9% price cut, I asked my broker: at what price could he guarantee an offer within a week...
Chris Clothier
StrongBrook? Anyone heard of them...
Out of the blue I am receiving messages about a company called Strongbrook and how great they are and that I should refer all of my clients to this great and ethical company. Seriously, that was the message. I have ...
Cameron O'Connor
Don't pay your down principal early- Keep PMI and Flood Insurance
I’m a number guy. I spend countless hours on excel spreadsheets running ProFormas on every possible situation. I want to know what the BEST possible outcome is, WORST possible, projected actual outcome, forced appreci...
Nichole Stohler
Journey to $5M with Multi-Units: FAQ
Hello BP community! We’ve followed BiggerPockets for years and a few months ago I posted in the success story forum on how my husband and I went from complete real estate failure and debt to coming back and buying a $...
Gerry Magrini
My Tenant Wants to Rent my Unit on Airbnb. Should I allow this?
Hi Everyone,I have a potential tenant who wants to rent one of my units for over asking, but he wants to list it on Airbnb. He was up front with me when he came to look at the apartment -- completely honest, fully tra...
Justin Badillo
Wholesale problems today
What’s the biggest issues with wholesaling in today’s market and how do you suppose it could be fixed?
Anthony R.
Do you rent to Lawyers?
So let me preface this with, I go waaaaaaay out of my way to provide the best life and apartments I can for my tenants. I would argue that any property owner, regardless how big or small they are, could compete with ...