Chuck Masters
Orlando / Disney Vacation Rental management rates
Looked at a vacation rental home today off 192 near Clermont. House priced to sell but the current management company is charging a 15% fee along with a $265 monthly fee for pool and pest control. This works out to be...
JD Castillo
The days of buying property in DFW for 65-70% minus repairs are over. What percentage are investors buying throughout the Metroplex?
We are currently seeing a big swing to investors calculating an acceptable dollar amount for NET profit and not necessarily purchasing on a set percentage. For example, if a house needs a true $5,000 in rehab, and th...
Bruce Clark
Does anyone make "standing offers" on properties?
Right now in my area, there are several properties on the MLS that would be great rental properties, but they are simply priced too high to make them viable. They either have unrealistic owners or realtors who do not ...
Greg Teplansky
Should I use a professional designer?
So my wife and I just landed a nightly rental approved condo in a resort area. We’re trying to figure out what to expect cost-wise for furnishings and interior design. I was wondering if anybody has any resources in t...
Account Closed
Realism
I am closing on a property at the end of the month and wanted some feedback on my plans. I have read through a good bit of the forums and have seen that the replies to posts on this site are constructive yet realistic...
Hadar Cohen
Should I Use Cash or Take a Hard Money Loan for My First Investment?
Hey everyone,
My name is Hadar Cohen, and I'm a new foreign real estate investor.I recently received a loan of $120,000 in my home country at a 6% interest rate, giving me the full amount needed to purchase a propert...
DL Martin
Help! Received offer on my residence asking that I carry a 2nd.
Need advice. I received an offer on my primary residence. The buyer is asking that I carry 10% ($69k) for 5 years at 5%. The offer is a "lowball" offer and we both know that a more realistic sales price is $750k. (He ...
Jared Cheney
First Out of State Deal: What you wish you knew before buying
Hello Bigger Pockets family, long-time podcast listener and forum reader, first-timer poster!Quick back story: I bought my first rental property (1/1 condo) here in my hometown of San Diego 1 year ago. Ever since I le...
John Vietmeyer
Am I over improving?
I'm closing on my 3rd property, a 1600 sq ft SFH built in 1975. The numbers originally looked great for the growing Charleston SC market, but my repair costs are quickly adding up. Since it is not earning much as a f...
James Cloman
Credit Score Dropped 85 points
Just finished my Second property using the BRRRR Strategy under my personal name. However ran into a issue with my credit which cost me some cash. It dropped about 85 points within 2 months. I leveraged accounts I had...