James Mcsweeney
Turnover that cost over $6000. Am I getting gouged here?
This is for a property in Kansas City. A 1500 sqft house. Tenant did treat it poorly, but wondering if these expenses are reasonble?
Meg K.
Handy man fees...Your thoughts
Hello,Am i being unreasonable by telling my handy man that these charges are too much. He said he went online and searched for average charges. My argument is he should use local comparisons not national. And i coul...
Tim Johnson
What would you do? Security deposit question
1) If the carpet's already old enough to need replacement within the next year, would you deduct carpet damages from a tenant's deposit?2) How do you calculate the "reasonable wear and tear" on carpet (or other assets...
Yishi Zuo
Mezzanine finance - development opportunity
Hi folks -
I'm new to BP and real estate (but very familiar with finance and comfortable with early-stage risk in general - I come from the tech venture world).
I'm considering making a small hybrid equity investmen...
Chris Hodges
Buying Dirt Cheap Realestate Vs Financing Dirt Cheap Realestate?
Is it a smarter choice to Finance extremely cheap real-estate or better to just use your own money to buy? I am looking at dirt cheap property to Buy and hold in Indianapolis. I could probably buy 5 properties with ca...
Account Closed
What is the point of business credit?
Hi everyone,I see a lot of posts about people wanting to build business credit and how to build business credit, but I'm not sure I understand why you need business credit.I just started investing and am planning to s...
Kyle Mitchell
Property with aluminum wiring, what do I do?
Hi everyone,I am in the process of offering on a property that currently has aluminum wiring. With all of the unknowns from possible lender and insurance requirements, my question is, should I run from this deal beca...
Scott Lepore
buyer is backing out of contract because they changed their mind
My buyer has backed out of contract because she wanted to expand basement (she did not mention this in contract) and it is going to cost more than she thought. She wanted to demo basement wall, dig out 500 sf of craw...
Riz Mat
Need advise for burned property
One of my rental property got burned but not completely burn down. I have claimed the insurance and they pay me out around $50k to repair the property.My property manager sent the contractor to get estimate for repair...
Michael Glorioso
My first cash buyer.
I am a new whole seller and I met with my first cash buyer today. When I asked him what he wants his percentage profit to be, on average, he said he would like to see 20% of the ARV. Is this a reasonable amount and wi...