J Randall
Why are real estate agent commissions so high in NYC?
Highest property prices in the nation, maybe the world. Yet commission rates are untouched. 5-6% is still standard. But how is that possible considering that'd be more than most people make in a year? $100,000 I he...
Steve H.
Buyers agent contract requiring exclusivity - is this normal?
After silently watching the BP forums for about a year, I'm ready to find my first investment property. There are a couple of houses on MLS in the West Chester, PA and North Wilmington, DE areas that I am interested i...
Yvette Chung
Please help a newbie out - South Jersey analysis
Hi all! I have been a long time lurker and finally just acquired our very first rental property. It's a duplex in South Jersey. While i have tried to take everything i learned from BP I am hoping to leverage your expe...
Kristin Brancaleone
how does all-cash affect turnkey process/exit strategy?
Hi all! I'm having so much fun listening to BP podcasts and Turnkey-review podcasts. I'd have to say this is my new obsession. I'm hoping to purchase my first few turnkey properties this year. When doing the numbe...
Account Closed
Zillow officially enters the house flipping business...
The full story is on Bloomberg.com here: Zillow wants to flip your house should you want to read all the details.For those with TLDR syndrome the gist of it is:Zillow has now joined the ranks of high tech real estate ...
Fred Engh
Should I ask for a buyer rebate? Or, am I being too cheap?
I called the listing agent on a foreclosure listed at $35k. I told her I'd make an offer (not at $35k). Mine was significantly lower.She told me she'd e-mail me the documents to e-sign. She had everything filled out (...
Mindy Jensen
Want to start investing in foreclosures?
Nearly 9 percent of mortgages are in forbearance. Discover a new kind of real estate investment and uncover profits on your local courthouse steps!
Welcome to the world of buying foreclosed homes at auction—a real ...
Ryan Lauretta
SFR vs Syndicates?
I an American living abroad looking to invest into real estate. My original plan is to invest 50% in a mix of syndicates - value add B/C class midwest, some commercial and 50% on SFR. When I looked at the track rec...
Sarah Kartsher
First Deal - House Hack property
Going to be honest here - I am not sure this is a great deal... Maybe a good deal, maybe an acceptable deal but not a great deal as it stands.If I decide to buy this - it will be my first investment property, my first...
Account Closed
I've done a rental analysis and have a question about the NOI
I've done a rental analysis on a potential rental property where I'd be charging $4200/month and the monthly expenses have come to $3635(Mortgage, tax, insurance, vacancy, cap ex, maintenance, Manage, HOA). The report...