Julie Groth
Prop Manager fee
I know that it is common to have PM charge a % of rents. However, I don't quite get that logic. If I have a duplex with $3500 per month rent in high end 'hood and one at $2000 per month someplace else...well, what's t...
Suade Anderson
Property Manager Tax Deductions
Hi Everyone,I apologize if this is a dumb question, but please enlighten me if you'd be so kind. Why wouldn't I hire a Property Manager if that is a Tax Deductible expense? Why would I do the work myself if the cost o...
Tom MacDonald
Help analysing a deal
Hi BP, I am new to REI but hope to make my first investment soon. I am analysing properties in the Houston area, and I can't seem to understand how make a deal on a condo come out when I factor in HOA fees and proper...
Gabriel Green-Lemons
BRRR'd a House w/Credit Cards. Now No More 0% interest BT offers!
Hey BP family! I've run into a bit of an issue. I bought & rehabbed a house from 1000 miles away using my personal credit line. Now there are no more 0% interest balance transfer offers available from one of my ba...
Amine E.
About to pull the trigger.. .but still nervous about this deal
Hello fellow BP'ersI m looking at 7 condos in a 24 unit condos community spread over three buildings. The condos are in good share and in great area. I would consider them B+. The current owner have them all leased lo...
Fahadbin Alam
How do you get Private Money
What are some of your guy's tactics to get private money?My only tactic so far is to ask relatives if they got some spare change lol. Of course, I want the benefit them as well.
Gage Green
Looking for local bank recommendations in Wilmington DE
Is there any bank suggestions/recommendations in the Wilmington area that are happy to do a HELOC. My main bank didn’t use good comps in my area or any on my street including the one a few houses down that sold in mar...
Sergio Baerga
Off Market deal for 18 unit with partner, looking for suggestions
Hey guys, myself and a friend I met on bigger pockets found a deal in our area of San Juan.$400,000 asking price18 units. $10,500 receiving in rent.It has some low cost units as they are not in great condition and ...
Adhyas Avasthi
Newbie to BP - Need some advice on loan consolidation
Hello Experienced FolksI am newbie to BP. I have made some investments in CA in the past (own 4 SFH including primary). In restrospection, I made several mistakes though I am not yet at a loss owing to investing at th...
Sam Rios
cash on cash return
Hi, I just want to better understand how this works....when figuring the cash on cash return, the figures on the mortgare/ points / and closing costs, are these figures coming out from the seller side of their finacia...