Olga Daisel
Multifamily loan rates
I know this fluctuates, but just want to see what other people are getting loan wise for a loan on multifamily over 5 units?I've been recently quoted 10%, seems a bit steep...
John Thedford
The Psychology Of Pictures On A Lead Generation Site
Hello all:
Just about have a site up for lead generation. I have been debating the main picture at the top. We have tried several and discounted them for several reasons. The idea of putting a dilapidated old shack hi...
Roy C.
Terminating Property Manager
My uncle owns a SFR in NC. He hired a PM to handle that property since April 2013. Recently, the tenant of that property lost his job and told PM that he will move out by end of this month since he can't pay his rent ...
Nick Drury
Buying into a fully depreciated property...options?
My business partner owns a large multi-family property that he’s offered I buy into in the near future. I’m very interested in the deal, but he’s owned it for a long time and there is very little depreciation remaini...
Xavier A. Malave
Handyman vs Contractor
Hello BP family, Me and my partner are currently in search of a GC to rehab a property that we have under contract in the Jacksonville area. We’re debating if we should go with multiple handyman’s and save some money ...
James Danchus
How Many Calls to Get A Deal
BP,I'm a aspiring wholesaler trying to game plan for a marketing campaign I am going to launch at the beginning of the year.I asked this question in the wholesaling forum and shockingly I didn't get a response. What ...
Yuriy Skripnichenko
New LEAD Ordinance in Philly
Hi all. If you thought landlords have enough on their plate with all the city requirements, check this new ordinance that will come in effect starting in October 2020. Philadelphia City Council passed a new lead bill ...
Kim Hopkins
Is It Typical for Mortgage Broker to Charge Fee on Refinance?
Hello!We have a great new mortgage broker but I was just reading his engagement letter and they want us to agree that we will pay them another fee if we REFINANCE with the lender they've introduced us to within 5 year...
Andrew Valdez
BRRRR Advise
1700sq ft. Duplex. It rents out for 850$ ea side = $1700 Gross ~~~~CAsh Flo of $588 p/monthThis is my first investment property. I'm 21 and super excited but extremely nervous!!I have it under contract for $150k + Clo...
Nick Janovich
Applicant has bed bugs
Had applicants today that are moving due to bed bugs in their home. I'm in the hospitality industry for my "real job" so I'm well aware of bed bugs.What I'm not aware of is if I can decline the application based on th...