Haris Bajric
Selling commission question , 1% vs 3%
Hey I am just about to finish my first flip, everything has gone exactly to plan and I should be listing the house next week. The agent that helped me when i purchased the house is asking for 3% selling fee but I foun...
Uday Maripalli
Replace our realtor or are we in the wrong (1st time buyers)?
I apologize in advance for a very long post.
We are first time home buyers in a very competitive market (Seattle). Neither me nor my wife work in the IT industry so we knew our limitations and went in with realistic ...
Ashley Zhang
New construction nightmares
My husband and I invested a new construction started in August, and it has been a roller coaster since then. It shouldn't be so stressful if i had a trustworthy project manager. However, i chose the wrong person becau...
Stelios Andong
How to buy your first duplex in San Diego, CA with FHA loan!
We are looking into buying our first duplex/triplex in San Diego, CA with an FHA loan (3.5% down payment). We would like to live in one unit and rent out the other unit. I have used the bigger pockets calculator to fi...
Susan Knox
Landlord damages property after tenant leaves
I have a friend who moved out of a house and left it in great condition, actually better than when he moved in, (I know because I helped them move). The landlord went in after and damaged the property (or someone did)...
Jacob Dinkins
Which market for high cash flow on a fourplex?
Hello, BP!
I'm looking for my very first deal. I want to househack a fourplex and generate as much cash-flow as possible using an FHA loan with 3.5% down. I have a job where I work from home and I'm willing to move a...
Drew Gelinas
Renting Property to Insurance Agencies
I have a STR that we use which is waterfront and has high peak seasonal cost in the summer. We had someone reach out looking to see if we would be interested in a 6 month rental from an insurance company that they wo...
Paul Birkett
32%+ cap rates in N Dakota...too good to be true?
When its too good to be true....it usually is! There is always a catch or something you don't think to ask until its too late.
Im trying to find the catch with this one: buy dormitories in ND to service the o...
Paul B.
Syndicaters can't get enough investors
Background: I have been looking into multi-family passive investing. I attended a multi-family seminar in early November, hosted by a guru (he hates the term but I'll call him that here for simplicity) who knows my lo...
Jeff Hunt
Diary of a first time flipper
It's like getting a drink of water through a fire hose! So little time so much to learn. Offer accepted and due to close within the next week. The numbers I am estimating are as follows:
ARV (last week had ...