Mike V.
VRBO / Homeaway Raise their Fees Again
Just wanted to share with you all, VRBO raised their 'new listing' fee from $399 to $499 effective Jan 12th. I have multiple properties listed and no notice was sent out. I only discovered it as I was listing a new ...
Joe Conklin
Protecting Myself Against Pets
For a background, I have a condo to rent which there are residents below and above. Getting a qualified tenant in the unit has taken longer than expected and I have decided to accept one pet. My initial thought is t...
David A Perez
How to properly staff an apartment complex?
I am just starting my venture into real estate and I am currently thinking about where I want my plan to lead me to.I want to start with triplexes and fourplexes, but eventually I want to start buying 40+ unit propert...
Victoria Townsend
Thoughts on my first owner-finance offer?
Hi BP,I am in contact with an owner in Kansas City (MO) who owns 3 duplexes free and clear (total rents for all 6 units are $2850/mo). He owns these properties free & clear, and is willing to sell them at $175,000...
Account Closed
Private Money Contract
Can anyone tell me a quick cheap place to sign a private money agreement with someone. My friend has 100k he wants to lend me but wants something in writing first, interest and balloon payment etc.
Chris Toedter
My Realitor wants a "PREMIUM" (side money)
So I am in the process of buying a multi-Family property and in the middle of the closing process my Realtor told me there is a "PREMIUM" on this property. I had no idea what he was talking about until he basically to...
Julius F.
Feedback on a property I analyzied
Thinking of living in the house first (house hack) with roommates and then fully rent out the 3 bedrooms later.House: 3 bed/2 bath Asking price: $337kOffer price: $292-310kARV: $330kRent: $2600 (2 bedrooms: $800 x2; b...
Steven Jones
Reducing Risk of Losing Appraisal Fees on Bank Loan Applications
Hello BP,
I'm looking to do a cashout finance for a duplex and single-family home. Both properties are owned through two separate LLCs. I was recently working with a bank that came very close to approving my loan but...
Isaac C.
Is it uncommon for GCs to be insured and carry workers comp?
Hello community, I'm working on rehabbing my first rental property! Wohoo! But I have been running into a bit of a wall. I've started to contact a few GCs for them to come bid my property, but when I ask them to pro...
Tony Davis
Obtaining money for down payment
I'm having a problem figuring out where the money comes from if you find a deal. I read/hear to go to family and friends. We have no family or friends that are willing to help us invest. Where do you go to get money f...