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Hello All! My husband and I are just getting started in the Real Estate business. So far, we've just really been educating ourselves. We recently attended the Robert Shemin 3 day foreclosure conference and it was inde...
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Hi, I've been lurking around this forum for over a year now. I appreciate the wealth of knowledge on this website and the helpfulness of the many user who are active here. I've been busy investing on my real estate ed...
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Hey everyone! I'm currently in the process of purchasing my first 4 unit multifamily property in Chicago. I want to make sure the numbers I have in my pro forma are as accurate as possible before moving forward. I h...
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I'd like to get some input on reasonable vs unreasonable fees for property management.
I think most people think that the % of rent is the key fee. I disagree.
I interviewed a property manager a while back who hea...
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This is a two part questionFirst, what is your best way to avoid waisting time waiting on a perspective tenant who doesn’t show up?Secondly, Is there a user friendly app or website that allows perspective tenants to s...
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So I just ran the numbers on a potential rehab property. Purchase = $310,000. Rehab = $80,000. ARV = $499,000.My profits before realtors commissions = $71,585. After deducting $29,940 of commissions, profits = $41,645...
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TL;DR Matt Motil is a fraud. Do not invest with him.
Warning, this is a long post. My purpose here is to save some of you from the experience I now find myself in after providing a short-term loan to Matt Motil of C...
Hello BP community, I am a long time "lurker" on this site so please allow me to introduce myself! My name is Asia and I'm interested in house hacking/cash flow through an FHA approved multi family property. I have pu...
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Im looking to buy a property for short term rental in Kissimmee area. I was planning to fly in there soon, but due to covid my plans keep getting delayed. My realtor there told me some people out of country have bough...
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Hi all, I am a fairly new landlord in northern Virginia, and have been renting my 2 bedroom town home for the last two years. I just had new tenants move in and within two weeks, the closet shelves in the master bedro...