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 ...
Michael Spencer
Leads who paid more than their property is worth (but have high equity!)
Hey BP,
I'm encountering a lot of leads who have high equity in their homes but the current value is a lot lower than what they purchased it for, so they are reluctant to sell at a price that works for me (60-75% min...
William MacBride
Recent deal hunting
happy halloween and happy deal hunting (or haunting). Sorry I just had to make a stupid halloween joke. black and orange supermarket party decorations and cake icing, etc...
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Jason Brown
Getting rid of a LIEN before going under contract- HELP!
Hey BP,I've got a question I could definitely use some advice on. A wholesaler ran a SFH property here in Miami by me that looks like it could be a great fix and flip or BRRRR. The only issue is that it comes with an ...
Mike Carstens
How do I enter the appreciation of value after a refi & cash out?
We are finally getting our business computerized and are running into a glitch. Scenario - Purchase a building for $70,000Initial improvements $25,000New value $145,000Refinance at 75% of $145,000 = $108,750 mortgage...
Andrew Michael
Quadplex. What would you do?
Hi all,I will try to cut through the fluff and get right to it. I have a quadplex that I am going to submit an offer on however I wanted to get feed back from everyone. Lots of factors here, some manageable some not...
Nathan Duncan
Low income rentals? Pro/Cons?
Anybody have advice on buy and holds in lower income areas? I've listened to the podcasts concerning it but want to hear other people's stories. The town I live in is a small community (<5000 people) and the majori...
Chris Svendsen
My 4 Years as an investor
I thought I would give a synopsis of what my wife and I's last 4 years have been as investors. This is in no means a detailed how to, just what we did in general terms and has worked for us to this point. Main purpo...
Michael H.
Avg price/sqft construction costs in Los Angeles these days?
Searched and didn't find much information. I realize this is by no means the best way to estimate construction costs but I was curious what the avg construction cost is these days in Los Angeles. I'm not talking for...
Michael Hopkins
Help Analyzing a Purchase?
Hi Everyone! Was hoping for some feedback on a possible purchase of a SF. Basement is unfinished (😊) So turning into a Multi Family. I've ran the numbers a few times but would love some feedback. I guess this might b...