Quick question for my apartment owners. How much money do you set aside for maintenance? For single family houses I usually plan on keeping 10% of the purchase price. For example $100,000 keep a maintenance fund aroun...
Bought an out of state property a year ago, 2400 sqft duplex. Inherited the existing tenants. Here was my proforma assuming everything went to plan (which it didn't!)
One tenant stopped paying in May, the other rac...
I am new to the Memphis, TN area as well as real estate investing. What are your thoughts on working with a real estate agent? How would that benefit the agent and the investor? Does anyone know any real estate agents...
Hello everyone, I am looking to make a career change and become a commercial real estate broker in Chicago. (A good friend told me that I should go into commercial real estate and he would send his HNW clients (10+mil...
Hello BP community. Are there any veteran investors in the Cleveland OH area? I now own 3 properties in various parts of the Cleveland suburbs. All have been purchased in the last 12 months. My question is in regards ...
Do you guys have a professional inspector go thru the property to see how much the repair will be before you decide to buy a REO property? do you do this before offer or after an offer? Or do you decide yourself how m...
I have a property that is being managed by a property management company. I have been getting a large amount of expenses on the property lately. Some seem legit but other do not. I wanted to get the opinion from oth...
We perform a quarterly property inspection currently during which we change air filters, check smoke / CO2 detectors and look for signs of water issues (toilets aren't running, nothing under sinks.)I'm still learning ...
I was in a work shop and someone recommended self managing and use a home warranty to help with maintenance. They said the tenant pays for a monthly home warranty and the price is deducted from their monthly rent. I l...
Hi all, I'm new to the industry and trying to learn more about what it's like as a real estate agent (any kind!), and would love to know what you think is the hardest part of the job. What is the biggest challenge you...