Kush Patel
Admin & Maintenance Salaries/Benefits in Addition to Mgmt Fee
Hi All,I'm working on a 60 unit deal and was reviewing the financials and noticed the previous owners were paying $21K for a property management company to manage the property (they manage ~500-600 units in the area),...
Susan Homeier
Questions to ask Lenders
I thought it might be a good idea to develop a checklist of questions/requirements/red flags to help with due diligence on Lenders. Please post if you can provide anything that you think is helpful, anything that mig...
Roman M.
Self employed financing question
Hello, I found I deal I would like to purchase but need some help finding financing. Does anyone know someone who would lend me to purchase a triplex with 20% down if my income as self employed is 65000 -20000 company...
Chandler L. Parker
Looking for landlords in the Columbia, SC area to network with!
Hi,My name is Chandler Parker. I live in Irmo, SC and I am looking to meet and network with local landlords in hopes of leasing a single family home. My company is Parker HomeStays. I would like to acquire properties,...
Bill Coleman
% to budget for seller closing costs?
I am trying to figure out seller closing costs on the back end of a flip before I set my offer price. Does anyone have a formula or percentage that has proven reliable?
I've searched the BP forums and didn't ...
Mason Osborne
Convert primary residence to rental
hi all! I am considering converting my single family home in Richmond VA to a rental, this would be my first step into the real estate world. I’ve tried many of the free available calculators to determine cash flow an...
Katie Crane
First time evaluating Sell or Rent!
Alright - I tend to overanalyze anything, think I know which way I'm leaning based on MY math and also which why based on my heart - two different answers - would love some unbiased feedback as I've never rented a pro...
Account Closed
Ways to prevent Builders from Coercing and Steering a Loan Originator's contracted borrowers?
Does anyone know of some ways to prevent Builders from Coercing and Steering a Loan Originator's contracted borrowers, who they've obtained a Loan Commitment for, to their "In-House" or "Preferred" lenders?
T...
Andrew McAfee
How to Account for Closing Costs?
I just bought my first rental house, and I am not sure how to account for expenses for first year accounting. I understand how expenses are calculated for 2nd year. I have been researching and have read mixed result...
Kujtim Beganaj
Buying without a title company
I am a Realtor in Lancaster, PA. I have been working with an investor who owns his kitchen, bath, flooring business on multiple properties now. He produces great product every time!This Friday, we are settling on his...