Dan O'Neill
Question on management fees
Looking for some perspective on management fee. Some background: I toured a 15 unit property with a pm rep and the company worked up a budget for the property based on something similar they manage. The budget has ...
Brian Cornick
Tenants demanding appliances
I’ve had new tenants in an SFR on a 2 year lease for about 5 months now. When they moved in, I agreed to replace the oven, because it needed some serious cleaning and was about 25 years old. Two months later the dis...
Sunshine Chow
Red flags to look for in HML agreement and project insurance?
Hi BP Fam!Can anyone please share some insight as to some specific items to look out for in hard money loan agreements and insurance policies for a fix and flip? What clauses should be included? or which clauses shoul...
Yuvaraj Vimawala
Multifamily Offer contingencies
Hi BPites,As we all know the MFR market is pretty hot and deals are far and few between. A strategy I have been following is to make few offers every week without seeing each and every property. I strike out almost 10...
Trayven Cartwright
Buying my first rental property
Hey BP members,I’m pretty new to real estate investing but I’ve always had a interest in having rental properties. I’ve devoted to this year to save up money for a down payment and to learn as much as I can. What woul...
Rich Weese
Would this interest your apartment buying clients?
There is a lot of uncertainty in the marketplace currently. I know, because I had a deal fall through recently. No one seems to know exactly what will happen over the next several quarters. There are still many buyers...
Khurram Bashir
Sell or Rent
I bought SFR in Simsbury Ct in 2007 and recently I had to move to Charlotte, NC because of my Job. I am looking for advise, whether I should sell my house or Rent it out.Purchase price in 2007 $350,000Outstanding...
Derek T.
Electrical Question
I have been running into a few issues lately with older houses that aren't grounded. In this particular house I am finishing off the basement including new wiring however the rest of the house is old wiring and no...
Account Closed
May Rent Coming Due - What Are You Gonna Do?
With May coming due and the pandemic another month in and no end in sight, I wonder what other landlords are going to do this month? No pay no stay? Tally it up and evict later? Raise rents to cover losses? Grace? Bla...
Alex M.
Popped my Out-of-state cherry!!! SFH reno rental
We just completed our first out of state rehab which just rented. Heres a extensive summary:Who: Wife was the "boots on the ground" while Hubby was working overseas and gave decision making and contractor support.What...