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Hi all,
I just met with a real estate broker and they let me know that in Washington the buyer is technically responsible for paying the buyers broker commission upon closing. He told me that he always gets the sel...
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Good Day everybody, I was curious if there was any investors that specialize in section 8 housing on here and even bonus points if they do it in Jacksonville, I had a few questions as I try to expand my education on h...
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Hello, I have a question about the procedure for rent increase. Since l had to increase rent for a tenant, l first talked about it via phone and text message (it’s very difficult to communicate with them via email), t...
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Hello BP,Should my PM be showing me background checks on perspective tenants? I have 1 SF home that I rent out. My PM told me with the first tenant that moved in he would be doing backgrounds but would NOT be sendin...
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So I'm about to make make a lease with my property manager, this is my first time, and I'm confused to what to add to the lease. What should I add if the tenant damages the property or if they don't pay the rent? What...
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Hi all - I recently won an auction on a foreclosed home in my area. I have not purchased through auction.com previously or a foreclosure all together. What are some things I should look out for during the closing proc...
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We recently landed our first house hack/investment(!), and so far our inherited tenants have been a dream(!)... but I want to switch to online rent collection and I'm sort of shocked that there's no standard-bearer fo...
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I have done small flips and rehabs over the years and mostly a buy n hold type of investor. I'm about to close on a lot in Chicago logan square shortly and thinking about tearing down the 2-flat for a new single famil...
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In the BP tools, management fees are calculated as a percentage of gross rent (Gross rent x management fee %). Shouldn't it be a percentage of gross rent after accounting for vacancy ([Gross rent - expected vacancy] x...
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Hello BP community! I am in the process of filtering through listings trying to find candidates for rental properties. What are some of the more popular "equations" or "breakevens" that I should run on a property? I a...