if the manager charges a fee of 10% of the collected rents and a lease up commission equal to one month rent... in the first month that the property is rented for $1000... do you charge $1000 for that month, or $1100 ...
Hi, I have a friend who has a family who is about to lose their home. And I'm doing my best to help her out, she is disabled and is in the process of going through a bad divorce. She is doing everything she can to sa...
Hey BP, My name is Tommy from Coral Springs, FL. I'm a newbie to RE and to be honest finally got the courage to break out of my shell (Ironically i have "Courage written on my left Bicep). Anyway i just wanted to in...
Hi,I am just starting out and am trying to get past the research step and move on to the "just do it" stage. I have already gained some valuable information from this site and hope to continue to do so.
So, I've found myself in an odd place lately: I'm successful. For me, that's brand new, and I don't know how to deal with it properly; I'm much more accustomed to the whole "three part-time jobs and scrambling to ma...
Hi BP,There's this condo unit in Manhattan, NYC that's having difficulty in a cash out refinance. Chase bank has denied the refi request due to the following reason (probably due to some Fannie rule):"As I had communi...
Hello Everyone,I have a question about education. I have 14 months of Gi Bill benefits left after I graduated with a Bachelor of Communication degree. I plan to use these last 14 months to save up for another down p...
I'm getting frustrated.In the past year, I have successfully bought, rehabbed, rented, and refinanced about 10 properties. However, I shake my head at the amount of deals I could have done like that IF I had the right...
I’m renting out the second half of the duplex I just bought to house hack. I have a great prospect, a business guy who’s moving to Chicago, but he only wants it for 9 months. Do you think it’s worth it to accept him a...
Good morning BP! As some of you may know, I am fairly new to real estate investing and recently had a lead come in from a lady that was wanting to sell her moms house who recently passed away that is currently in a re...