Richard Dee
What % discount to buy a non-performing 2nd note?
I am looking at purchasing a non-performing 2nd note on a property that is barely above water on the 1st mortgage. It hasn't been paid on in over 8 years and am curious what the typical discount would be for a $110k...
Simon W.
Seller-Financing when Seller Agent is involved?
Not so sure how to go about this.
There is an 8-unit building that is being for sale by the owner is the heir. However, it is listed with an agent/broker.
I don't have the funds, but I definitely want to see if Seller...
Ian W.
Property Manager vs Software; future of landlording?
Recently heard about NestEgg, which is basically a software that helps manage rental properties. The idea sounds great, I'm just not sure if it'll pan out in practice. I've also heard of apps like Rentfolio and Buildi...
Caressa Wilkinson
How to sell your property without the 6% realtor commission?
I purchased my first duplex property a year ago for 335k (house hack). However,I have to do a sudden move to California due to my job (military) from Chicago. I want to place it on the market but I want to avoid realt...
Account Closed
First time investor from California
Hello BP!
I am currently an active duty Marine looking to invest in Multifamily homes in California. Yesterday I bought and read The Ultimate Beginners Guide to Real Estate Investing, and was hooked! I am now reading...
Jay Hinrichs
Property Radar is the bomb
Just wanted to give a Shout out to Property Radar.. I first met the owner @Sean OToole 24 months or so ago.. and we shared a passion for aviation. Although of course we both love real estate. And since their researc...
Cory Spitznagel
Anyone tried Hawaii Air BNB? Any thoughts?
Hello all!
I am considering purchasing a property in Maui and renting it out short term via Air BNB. I've been studying all the "entire home" rentals available in Maui near the beach and each go for about $110-$200 ...
Account Closed
Pet fees & limitations
For those who allow pets, how much do you charge and how many pets do you allow? (Or if you have creatives ideas for pets will be welcome)
3 is the maximum of pets per unit & I charge monthly:
$30 ...
Carolyn Keller
Getting rid of p.m.
Well ive decided to dump my pm, and go a smaller, more local company that seems more up front, charges less per month and new pm is a rental property owner himself. Anyone have a sample letter of termination for pm? I...
Chad Baird
Memphis? Memphis. Memphis!
What's up with Memphis? Hey BP a friend pointed me in the direction of Memphis and said that it is where I should be looking at my next round of investment properties. What should I expect in Memphis? What cap rates I...