Drew Engel
Advice submitting a realistic offer on a property.
Good Evening BP, I am relatively new to Real Estate investing. I have 3 SFR rentals and 2 more houses under contract to purchase as rentals in the next 4 weeks. My strategy has been BRRRR so far and plan to continue ...
Samuel Brand
Massachusetts Probate Timeframes
Hello BP Community,I am currently trying to close on a property in the Boston metro area. We signed purchase and sale on the 13th of February, two weeks later I was informed that there were issues with the title. The ...
Dan Strandberg
Writing property descriptions for Realtors?
I love real estate. I also enjoy writing. My question is if agents tend to enjoy writing their own property descriptions, or if it would be worthwhile to offer the service where they give me the details and I write ou...
Account Closed
Investors cut, whats the norm?
When dealing with an investor whats the standard cut on their loan? For example a property that I am looking at with a cash offer of $35K and an estimated $35 to $40K in repair work. The house has a fair market val...
Jay Berts
Who pays for gas connection fee?
I have a unit where during COVID the gas was shut off to save money while it was not being rented out. We now have new tenants and after they got their first bill they saw a service activation fee for $40 on the bill...
Michael Van Brunt
Comfort animal making too much noise
Thanks in advance to anyone who can help with this question. We have a tenant that has a comfort animal in a 4 plex. We just received a complaint from the tenant down the hall that the dog is howling, scratching on th...
Jayden Hamilton
How do you deal with tenants that try and take advantage of you
I have tenants that try and take advantage of me due to my age, I'm 23 years old so they try all the tricks in the book to try and slide by on things. How do I deal with this, tenants that don't respect me because of ...
Zachary G Spuckler
[Calc Review] First Multifamily Analysis
Was curious if anyone had thoughts - we're looking to get into our FIRST multifamily investment and start the BRRRR strategy.Three big Qs!1. Is it possible to get a 10% down payment loan these days? I have accesss to...
Chris Collins
I'm not even close to the 50% rule, why are my calculations off?
When I've been analyzing deals, I've been getting numbers that are way off the 50% rule.I know that that's only a guideline, but I'm not even close. Am I doing something wrong? Or am I being too high on my estimations...
Manuel Broco
4 plex insurance help?
Newbie currently shopping for homeowners insurance on a 4 plex. It will be owner occupied has plenty of safety / security features but have been quoted over $300 a month. Is this normal? I was expecting closer to $120...