Minerva Stewart
Buyer's Agent Commission
What is a standard commission for buyer's agent? And if I don't find a property through agent, is there a flat fee I'm supposed to pay. I recently reviewed a buyer's agreement which stated 3% on gross selling price, p...
Account Closed
First rehab in Covington, how much can I do myself?
Little intro about me since I'm new here. New to real estate investing, own one rental (with a 30 year traditional mortgage) in nky that was turnkey, been renting it out since March 1st, low on the cash flow side but ...
Joshua Dorkin
10,000+ Members & Counting
We hit the 3,000 member mark back in September and have since doubled our membership to 6000! Thanks to everyone who has gotten involved here on BiggerPockets. You have all (most of you, at least :lol: ) done your ...
David Osborn
3 rental homes paid off. What's the next step up?
I have 3 homes I bought in 2011. They are worth 200k, 300k, and 260k respectively. I get $900, $1000, and $900 in rents after all is said and done.I am set to retire in a year and looking to 1031 exchange these homes....
Bob Milen
Converting Multi-family
Hey all,
I currently own a 6 family in Astoria, NY. Currently, the apartments are setup in a 2br/1bth railroad style (think 5 really long rooms one after another). I have notice some owners across the street converti...
Eric Risi
Deal Analysis Request- Duplex in Class B/C Neighborhood
Hi all,
New to the forum as a member but I've been reading up quite a bit lately and can't overstate how much I value the collective input on the site. I have a potential investment in mind and wanted to shar...
Will W.
College Rental Properties
Hello Large Pocket Enthusiasts,
I seek the wisdom of the crowd. How have you handled Covid and your rental properties in towns where the economy is based around the College? I am currently looking at some propert...
Luther M.
No Response from my first direct mail campaign
Hey there BP family,
Newbie investor here. My first direct mail campaign of 1,000 PCs went out via yellowletters.com on May 2nd to absentee owners and to my dismay I haven't gotten a single phone call.
...
Chuck Rhodus
Using LOANS as down payment
I found a seven Plex apartment building I want. I am going to get a HELOC for the down payment but will still be short $20,000-$30,000. I may be able to get a financial partner for this balance but if I cannot what ar...
Phillip James
Wholesaling Contract
Hello all,I'm a new wholesaler in Maryland and may be getting my first house under contract tomorrow. What documentation, other than the contract, should I present to the seller after we agree to terms? Any assistance...