We had the REIA meeting yesterday. DBPR was kind enough to send an investigator down and cover the topic: what constitutes unlicensed brokering. She did address one specific case where the file has been turned over to...
I'm seeking advice from the membership of BP! With all of the money companies are charging for education and mentorship (up to 50k) I want to hear your opinions as to what you think is fair. I know it would depend o...
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...
My situation is pretty simple.I'm currently 39 years old. I'm single with no kids or girlfriend. I've been busting my butt over the past several years and now have my home paid off. I have 3 bedrooms rented out and...
I will start with two simple questions:
Are we at war?
Is President Obama the Commander in Chief?
The CRE CarnageThis exogenous and unexpected shock to the economy has proven to be a devastating blow to some and a gut check to others. Seemingly strong businesses have buckled under the unprecedented economic condi...
Hello and thank you for checking out my discussion. Well, I am having my first taste of the Landlord Blues. I bought a 2-1 condo around Christmas time and bought it with owner financing. But since I have bought the...
Long story short, my fiance and I own 5 properties in US and Canada generating about $88K USD of gross annual rental income. 4 are SFH and 1 Duplex. However our estimated annual cash flow is $6500 USD after PITI, prop...
I've done a few searches here, and I think I have a pretty good idea of what I need to do.
I purchased my first rental property about 45 Days ago and I'm still renovating the property.
I purchased the distressed REO...
So here is the situation everyone...My wife and I bought a condo back when the market was sky high at 439,000. It went as low as 300,000. It's now around 410,000 and we owe 415,000. Our monthly mortgage is about 19...