Melanie Siegel
New construction commission
I'm a fairly new agent (active for two years) and haven't done a lot of new construction sales. I received a commission check yesterday and I was wondering how common it is for builders to pay the commission on base p...
Liz C.
Lease extension form
Hi all,
Where can I get a simple lease renewal form that says lease remain the same as original one and extend for one more year .
Bharath Raj
Lease negotiations for option period
Our brokers negotiated a commercial office lease with a national tenant in the LOI. A draft of the lease was drawn and the contract was prepared by my attorney. The tenant' attorney reviewed it and sent it back with s...
Michael Kaminski
Selling cashflow property to grow portfolio?
I've tried to build some spreadsheets but can't seem to make any sense of a clear path but maybe that's data enough to not take action.I bought a duplex 7 years ago for 188k and now I'm guessing it would sell for clos...
Account Closed
Why is it good if housing start numbers are lower?
On the REIN (Canadian) Property Goldmine Score Card, one question that should be answered yes is Is the housing start number lower than the historic average?Why is this important? Does it mean if there are less s...
Bobby Vernazza
Selling a property with "Subject To" Buyers
Hello Fellow BP'ers,I just listed one of my flips this past weekend and had the first open house on Saturday. It was a huge hit with 83 people going through the house and subsequent showings throughout the proceeding...
Bryan Hancock
The Second Million Is Easier
I read this article today on Investopedia:Why The First $1 Million Is The HardestA couple of points in the article stood out to me and I figured some folks on BP may have some opinions about them:1. Extra Wealth Mean...
Elijah Glenn
Should I sale my house or use a HELOC
Should I sale my current house which may have about $20k in equity or do a HELOC or hard money for my first deal. The hard part of moving is that I have a wife and 4 kids under 9. However, my wife is willing to move i...
Jesse Fernandez
What would you do with this investment?
hi Bp folks, I posted Something similar on another section, but with those that have experience in REI I would looooove to see how you would proceed with my current situation:Backstory: 1) 2011 - purchased a 2 family ...
Courtney Brittain
appraisal after forced appreciation?
Rookie investor question - When discussing small multi-family buy and hold properties, I read/hear about forcing a 10% appreciation in the first year so the equity/appreciation grows based on that increased value in s...