Ethan Brown
How to Determine Your Buy Price
Hello everyone! I have a few questions regarding how you determine your "Buy Price." (I'm looking for long term rentals right now). I'm assuming you all use comps to determine this, but do you use components such as a...
Will Crocker
Cease and Decist Direct Mail
I got a call from a Lieutenant of the very fascist Boxford Massachusetts PD today. I say this because I've dealt with them before when I used to do door to door sales. Anyway, he called me and told me my direct mai...
Preeti Sampath
Sell or Renew Lease?
Good morning BPOur rental property is due for a lease renewal in September and we had already notified tenants that we were planning to sell earlier this year when they asked us if they could renew. Looking at the mar...
Michael Taylor
Forbearance on Rehab loans During Corona Virus Emergency?
I just acquired a 6-unit building December 31, 2019 on the south side of Chicago, the plan is to rehab and refinance so I have a one year short term loan. I ran into some tenant issues with squatters that has slowed ...
Kevin Joy
Capital Gains taxation question
Here is my situation. I bought house in 2007 and lived in it from 2007 to 2012.
In 2012, I bought a new construction and moved into it in August of 2012. I kept my other home and converted it to a rental.
I was thin...
Monte Riding
Choosing a CRM for Real Estate
I'm looking at finding a CRM to use for my real estate business. If you use a CRM - what do you use and why? What features may be important that I'm probably not thinking about?Thanks in advance!
Tanjeem Rhyne
Atlanta areas rentals that break the 1% rule(possibly 2% rule?)
Hey guys,I'm in the market for rentals(I'm working with a partner) and I've been looking the past few days on MLS for rental properties. Ideally I'd like something that breaks the one percent barrier(meaning monthly r...
Elijah Proffitt
First condo... Does it make sense to keep as rental?
First post from a very longtime lurker. Will try and keep it short and sweet... looking for advice for anyone who can offer!I bought my first condo this past january (8 months ago). It is a 2 bed 1 bath + office apart...
David Braun
Non Refundable EMD (in Multifamily)
Hi all! I recently lost a deal I was trying hard to get. We were one of the top two offers but we lost it when the other party offered non refundable EMD. I know this is very common, just wondering how to deal with th...
Gideon Sylvan
Psychological Rent Price Endings
Hey everyone, I'm wondering what rent price endings you find most effective for cash flow from a psychological perspective? In other words, after you have done your market analysis to determine what price is fair, to ...