So apparently The Coke Can Multiplier is some sort of a hotel valuation technique that can drastically send the wrong message about the value of a property. Do hotel owners really use this to buy and sell property? Th...
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Hello everyone at BP!So I was just about to get a 4 unit C/D class property in a C class area on contract, and then suddenly thought to potentially back out of the deal. A lot of work is needed and the property is ove...
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Hi all,I have a 3 unit multifamily in not the best area. One of my tenants has been complaining the past couple months that my inherited tenant has frequent comings and goings of people that look like drug fiends exhi...
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Curious to know if anyone has tried Realtor.com's lead generation program (or anyone else's for that matter). I took the chance and paid (a good amount of money) for an expected 20 leads/month but in two days i've re...
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Hey there, anyone who can help, thanks in advance. My tenant is late 9 days and I haven't seen anyone there in a while. It's a duplex - I'm upstairs, they were downstairs. The thing is - she told me they were havi...
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All:I just had an investor friend casually mention to me that he had just left a negotiation with a seller in which he saved $10,000 on the purchase price. In one hour.That's an incredible return on his time. And it g...
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Hi , I have two rentals I own right out. one is a house with land and the other is a mobile home on leased land in a very good location . I just created an llc for these properties per my accountants recommendation he...
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I have a home listed for 11 days and I’ve had zero offers. It’s a flip so the home is fully renovated. Given that it’s a sellers market I assumed as soon as the home listed, the offers would start pouring in but nope...
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David Greene briefly mentioned the 1% rule for shopping for investment properties. I am shopping now for my first property, can someone explain this?I guess I am really trying to find out what the minimum cash flow s...
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Specifically in Chicago, any advice on which types of rehab elements an investor in multi-family properties should focus on or give more weight to when deciding how to rehab a multi-family property? For example, in s...