Bill Gulley
How Profitable Is Property Management?
I received a question about profitabilty of being a PM. I thought about it. I've had PMs at times 10% of rents. I'm thinking around here average rents are probably $500, that's $50 bucks plus first months rent.
$110...
J. Martin
Success through BP: 3,000th Post: 4 years, a Summit, $1MM+ in RE, 1 wholesale probate deal, 8 rehabs, 1 master lease, 50 Airbnb guests, & 100 tenant headaches later..
As I noticed my last post tick over to 2,999 posts since I joined the site, I thought back to reflect on my introduction to Bigger Pockets so many years ago, what it has done for me, and my biggest mistake :) What h...
Spencer Feuerbach
New member from Boston -- Investing in Spain
Hi! Awesome to read all of the posts and replies on BP...I can tell this is going to be a great resource for me.I'm new to the real estate game and see my first investment being in Spain (I'm moving there this fall an...
Jc M.
Being Swallowed Alive: The Collapse of San Francisco
I was born and raised in San Francisco and as we all know, this city is changing big time. My wife and I felt fortunate that we were able to buy a home here in 2016 despite the astronomical cost. Our children know not...
Erica Rodriguez
Population decline in Chicago and Illinois
Hello everyone,I'm a newbie real estate investor in the beginning stages of saving money for a down payment on a multifamily buy and hold. I'm currently looking at the area surrounding the Garfield Park Conservatory. ...
Herwin G.
Buyers' agents giving commission rebates?
Hey BP, a friend recently mentioned that there are some buyers' agents that offer commission rebates of 1% or so. And since the commission is already factored into sale price (as the seller pays the commissions) thoug...
Charles Montgomery
Forbearance, Forbearance, FORBEARANCE!!!!! This is a MUST-READ
Hi there Bigger Pockets!You NEED to enter into forbearance. ASAP. NOW. You will read why below.Most users on this site use 30 year loans. Now imagine if I offered you $10,000 today or $10,000 in 30 years. Which would ...
Chris Rose
Weird Listing Agent Contingency
I have been working with a real estate agent on a potential flip property. She contacted me today saying the listing agent said that the potential buyer would have to buy the property with cash or conventional financi...
David Rosenhaus
Trouble before even starting, newbie needs advice.
I'll try to be brief, lol.I'm trying to get prepped a bit before seriously looking for my first deal (wholesale or flip). Background:I cannot get any first time home buyer breaks and can't house hack. I have no high v...
David Hodge
Helping mother-in-law find cashflow
My mother-in-law recently sold her primary residence and downsized since the kids are all moved out. She's looking for something that would provide her with good cash flow as she is very close to retiring. She doesn...