Hello, My partner and I need help figuring out how much to pay this person. Here's what happened, she answered the call, negotiated the deal, we bought the property @ $160,000, we'll be keeping it as a rental. How muc...

I'm currently analyzing a deal for a 8 unit building. Current owner doesn't have any property manager in place and also doesn't have records of vacancies.

I have no intention of managing the property myself. What ra...

Good afternoon, guys and gals. I have had a few interesting conversations with 2-3 people in my circle of influence that want to participate in REI, specifically my recent success, but they are both gun-shy in committ...

Hello BP community. I’m about halfway through a book called “Life’s Greatest Lessons” by Hal Urban and am at a moment for pause and reflection. I’m reflecting on my real estate journey so far and deciding proper balan...

Good morning, everyone!
My husband and I are trying to buy our first buy and hold property and are both working full time, so are going to be interviewing property managers to help us.  What questions should we be as...

Do others think it is time for a new model for buy side real estate agents? On my last deal I saved $18,480 by paying my agent a flat fee and receiving the rest in the form of a rebate. It seems like buy side agents s...

Thanks to everyone in advance. I used to flip home with a partner and we were just based on percentage of how much money we put into the house. I no longer work with him becuase he doesn't want to do it anymore so I h...

How do you guys budget for repairs and capex expenses when estimating cash flow. I have heard people recommend using a percentage of rent but that method doesn't seem practical to me for a variety of reasons. Are ther...

Hi BP. Tomorrow I am closing on my second no money deal! This was one of those "I found a good deal, now I need to find money" deals, proving the old adage right that if the property is good, the finances will follow,...

I have been using the 70% rule, since learning about it on BP's free book. I've also heard of other percentages as well, but for now focus on only using 70%. My curiosity is on how this percentage came to be? is it co...