I have a few SFH properties for rental at Houston. My listing agent asks for 50% of one month rental for himself and 50% for renter agent. The house rents are 2000-2500. Does the number make sense?
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Ok, here’s what I’m trying to figure out.As a first time real estate investor, I understand what’s available in term of funding the purchase, for the most part.If we go the hard money/ private lender route, we’ll need...
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Considering a 10+ unit residential commercial property if one already owns the land, has everything else in order: civil engineering, soil survey, Phase I, and architectural blueprints...if the owner was forced to sel...
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My wife and I just closed on our first investment property, which we will be house hacking a dupelx for the next couple of months. The goal is to live in one unit (3bd/1bth) and make updates while living in, and at th...
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Hi all,My wife and I recently closed on our home back in March. I’ve been saving aggressively to buy a multi-family since, but I was wondering if anyone had some creative strategies to take advantage of some of the lo...
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For a long time I was on the 1 year lease train. Be patient, find a good tenant and then lock them in for a year. I've had success with this for my first 10 rentals or so in Columbus OH. However, my most recent lease ...
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For a starter property, house hacking is always one of the first recommended routes used on BP. This was my original plan and have gotten pre-approved for an FHA loan. But I was not aware of the MI and how high they c...
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Hello, I've been meaning to check out this forum for several months now. Wish I had sooner. Quick back story on myself. I work for a general contractor with some experience building homes and now I build hospitals. I ...
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Hello BP community. As a newbie in the fix and flip market, many lenders I have contacted are requiring interest up front and are capping at 80% acquisition. As such, I am looking for references for a reputable compan...
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Recently acquired 4plex unit has a leak from the bathroom, where the tub meet the tile wall. Several bottom row tiles have cracks in the grout, and a crack in the new caulk where the whole tub meets the tile wall. Th...