Jay Y.
Property manager charging tenants a lease renewal fee
Hello all,So I found out my property manager is charging my tenants a $200 lease renewal fee for renewing a year long lease. They are charging me $150 which I'm fine with but it did kind of catch me off guard that th...
Jacob Chaney
$4k for lawyer BEFORE even submitting offer? Commercial RE question
My partner and I are looking to purchase our first commercial 13 unit property in the Washington, DC area. His real estate agent (who I've never worked with before) insists we need an attorney even before we have ...
N/A N/A
Don't buy, rent instead?
Hey - Did anyone read this article on MSN recently? It's an article about the benefits of renting instead of buying. He tries to make the case that the stock market is a smarter investment. Thoughts??
http://articles...
Sunil Kumar
$40k REO Condo - Originally 130k. Buy or Not Buy?
In a predicament. foreclosed loft sold for 130k in 2004, now an REO. bank wants 80k.
Taxes: 260+/mo.
Dues: 230+/mo.
All in all fixed cost to own the unit: $622
Will rent for $800 easily. $178/mo cash flow or $2136/y...
Trudy Hoekstra
What level of finishes do you use?
I'm working with a semi-experienced flipper (3 years of about 4 houses a year) who is giving me advice (my first two flips flopped). She typically does top-of-the-line for the neighborhood and then prices at median p...
Matt DuSold
How long did it take you?
I am wondering how long it takes on average (i know it differs greatly) or what you have seen for how long it takes people to be full time REI. I have made a business plan, which is ever so changing of course and am l...
Juan David Maldonado
Real estate investing and the upcoming recession??
What are your thoughts on real estate investing and the potential upcoming recession all media outlets are talking about?
Edward Salazar
Bought a 10,000 SF Warehouse, but is this even possible??
Hi everyone, I just bought a 10,000 sf Warehouse building from a distressed owner and would like to try something out. I did some renovations to it and brought some highly qualified new tenants that pay a lot more tha...
Manny Miranda
Should I go look at a property myself or w/ inspector?
Hi,
First thing I'm glad I joined BP the post, books, and podcast are great! There is so much to learn on here but I plan on sticking around here and learning so I can tell my first success story!
However, I just sc...
Joe Salimao
My Business Plan
Hi guys,
I have recently developed my company’s business plan and goals. I wanted to give an overview of what they are and see what you experienced investors think of it. Here it is.
Target Market:
I want to target...