Matt R.
Attn Bper: Bens $1000 a month rule - learn it, love it, leave it?
I was just reading Ben's latest blog post and he brought up some real numbers after owning 100 doors. His experience has led him to the conclusion you need to get $1000 per month(sfh) in order to cover expenses and st...
J. Martin
Using range of expenses in your profit / ROE estimates?
I know many members on BP use the 50% rule as a screening technique.. I was curious if anyone uses a range of estimates for expenses to estimate potential profit, rather than strictly 50% - either while they are ...
Nicholas Weckstein
Appraisal all wrong !
Im pretty blind sided by this.3 unit under contract at 140k, scheduled to close beginning of September. Inspection went well, bank has committed to funding it, title company is ready and good to go. Insurance in place...
Account Closed
What's the best piece of advise you'd give new RE agents?
Hi everyone,I just passed my Illinois broker's test a week ago and I recently joined KW. I have a FT job at a bank but I'm planning on devoting at least 40-50 hours a week to my real estate career.Can anyone give me ...
Brandon M.
Help valuing a self storage facility
I have come across an opportunity to purchase a small self storage facility that on the surface looks to be a good deal. The problem I am running into is the owners are close to 70 (ready to retire, this is why it is ...
Mila F.
We only approve fixed dogs/cats. Are we supposed to exempt ESAs from this rule?
I have a young couple with a retriever puppy bombarding me with inquiries. I told them puppies and unfixed dogs would be a no-go for us. They said they don't plan on fixing the dog because they want to breed him (!!)....
ED Russo
Whats More Profitable? Marketing To Sellers/Buyers
I have been marketing to sellers which cost $$$I spoke to a local wholesaler that markets others deals to her buyers list. He told me he spends most of his time marketing for buyers. In fact there two big wholesalers ...
Isiah Ferguson
ENTIRE AC unit needs to be replace. Wiped out ALL cash flow ??
I just found out the AC unit needs to be replaced. The unit is 30 years old prior to the tenant being evicted it seem to work good. I got a quote from the ONE HOUR ac contractor and he said it'll cost 6k-8k to replace...
Matt Hintzke
How to begin with low capital, high debt, and an bubbling market?
Hi all,My name is Matt, I am 25, and looking to begin my journey to financial freedom. If there is something I see the most regarding building wealth for retirement, it is to start early. So that is exactly what I a...
Daria B.
Bad tenants - we need a database :-(
I know this is probably border line - privacy issue - if not fully frowned upon. :-|The title of my post - these tenants had no respect for the property - why doesn't there exist (again, venting) something that landlo...