J Randall
Why are real estate agent commissions so high in NYC?
Highest property prices in the nation, maybe the world. Yet commission rates are untouched. 5-6% is still standard. But how is that possible considering that'd be more than most people make in a year? $100,000 I he...
Richard Clark
Question: Commercial Financing for Small Portfolio - Difficulties
NarrativeSo about 2.5 years ago we started our company. It was created for the purpose of performing in real estate investment. It was created as a C-corp (not an LLC which is oddly relevant) and well funded. The firs...
Alecia Loveless
Help Binding Insurance Policy
I am 6 days from closing on a new SFR and am having trouble getting insurance on it. This property requires renovations, and due to the location I am estimating I will need 60 days to finish the project. Contractors a...
Dan Scanlan
Getting Started Wholesaling
Good Morning! I am very new to the real estate world, I have been reading and studying it for about 2 years now...sitting on the sideline. I'm very interested in getting started wholesaling, it seems like the perfect ...
Eric Percival
All Cash / No Inspection Period Multi-Family Offer?
Hi,I was researching a real estate company that posted an intern job as a Commercial Real Estate Acquisition trainee. Upon doing research on the company's website they have posted their most recent deals (1M-3M deals)...
Zac Vaughan
Seller Keeping Earnest Deposit
Hey guys! I recently had a duplex under contract. After inspections, it turns out the duplex is not up to FHA standards and the seller was unwilling to make any updates. The seller is refusing to give back my earnest ...
Sarah McCluskey
Current tenants running assisted living business out of duplex
I was looking at putting an offer in on a duplex, but am getting mixed information on the insurance needed - that could make or break the deal.The current tenants are running an assisted living business out of the dup...
Scott Goulet
Rental property insurance rates going up&up
Hey BP, Question for everyone. I have 3 rental properties, 2 in florida and 1 in missouri. I have a quadplex, a triplex, and a condo. It seems like every year my insurance on all three properties goes up by 20-30%. Is...
Eric Sebast
Low/no money out of pocket options for industrial commercial buildings $5 ish Million
One of our companies is expanding faster than we thought, and we want to keep as much cash for production as possible.Currently in (2) 20,000sqft buildings, and are going to need to expand into a 100,000sqft(ish) buil...
Luke Schumacher
Using multiple HELOC's to buy real estate. Help!
Hey Everybody. My name is Luke and I'm starting to get my feet wet in the real estate market here in Charleston, SC. I currently have 3 properties (2 of which are rentals). I took a HELOC out on my current primary res...