Hi all,Since I was featured on Podcast 238 about a year ago, I have talked to many BP Nation Members asking me if they should buy this deal or that deal. Here is a simple way to determine if a deal a broker is sendin...
Hi BP!Happy new year! I own three investment properties in Indianapolis that are professionally managed. I was on the phone with my property manager the other day and he said something that caught my attention. He ...
Hello all, My name is Terron and i have a background In Business Management with little to no experience in Real Estate investing. Currently I am living in my home that I have purchased in 2011 and now it has accumula...
If a rental property has $600-700 in rent coming in, is it standard for property management companies/people to take 10% of that ($60-70) or is it common for them to have like a $100 minimum? Just getting a feel for s...
I've been trying to get heavier into commercial real estate for ~2 years now. To date I have done 2 commercial deals (1 office and 1 medical) but both came from commercial brokers, and in both cases I was competing wi...
Hi,I was wondering if anyone buys property in HOAs and if you do, is there a certain threshold HOA annual fee amount that is ok before it becomes something that you "notice"? For example, i have a home where the HOA a...
Greetings, I started to hijack another thread before I realized this is my own issue. My PM in Denver recently had a significant charge on my statement for a wasp nest removal ($200). Ok, The amount is high, but thing...
My wife and I recently bought a large (3,000sf), unoccupied two family in northern Massachusetts. I'll round the numbers for the purpose of this discussion but basically we paid $440k for the property and have a plann...
Hey BP,How much do you budget when getting an estimate from a contractor? Once again, I’m in a situation where I’m spending more money on my contractor who is over his estimate. (Shocking, not.) I’m sick of being hose...