Elehue Pierce
multi family % of closing cost as a rule of thumb
when buying a multi family property whether a 25 unit or a 60 unit. what percentage of the purchase price is typical to pay in closing cost?what are typical closing cost other than what I listed below?Title, inspecti...
Andri Artayudianto
Who hires a title company? The buyer or the seller?
Hi again BP. Another newbee post here about a typical home buying process.Who hires a title company for closing? The buyer or the seller? is it safe to use the seller's title company to close if I'm buying a houseHow ...
Trevor Rutherford
Texting tenants
I'm sure there are a dozen apps out there to send text to remind people that rent is due. Can anyone recommend one?
Abigail K.
Verbally Abusive Tenant in NJ
Hi There,I have a tenant who has been having issues with his air conditioning on and off since last summer. Each time, we send our super to check the controls and if we need to, we call the air conditioning tech to co...
Sandra Pinzon
House Hacking in Chicago - Can a MF cashflow with no downpayment?
Hi Everyone, just as a caveat I'm brand new to BP.
I currently live in Chicago and qualify for a VA loan. Overall, I want to know if its possible to house hack in Chicago with no down payment? I'm currently looking ...
Alejandro Saenz
Property Manager Won't Provide repair bid Specifics
We just had the rental certificate inspection done in our multifamily rental. The inspector came back with some items that need attention. My property manager has been handling all that, and came back with a bid to fi...
Robert Leonard
Running The Numbers - Newbie Help
Hi everyone,I am a relatively new real estate investor. I have completed one deal, and I am sort of in the middle of a second deal (house hack, kind of), but for both of these deals I didn't run the numbers as I shoul...
Philip Williams
What is bird dogging?
Hello BP members. I cam across a term called "Bird dogging" for REI's. Does anyone on BP do this and how would someone get started? Thanks in advance for the help.
Ramsey Blankenship
Need inputs on phasing renovations.
My partner and I purchased a 6 unit complex in Shreveport, La. roughly 8 months ago. The property is in a less than attractive neighborhood however Shreveport is very block by block and sometimes home by home. After o...
Dawn Curry
Buyers backed out of deal
So we just recently put our flip up for sale.. within 18 hours, we received a full price offer with them asking to immediately take the House off the market. Obviously our realtor said we’re going to wait until all th...