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I'm going over the PM agreement with a new property manager and there are a few things raising a red flag to me that I'm wondering if they are standard (or becoming the standard): -an additional 10% (on top of the 10%...
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Hello BP group,
My name is Joaquin and I am a Colorado native. Just like many of you, I read 'Rich Dad, Poor Dad' and began my path down the rabbit hole. Real estate, unfortunately, is currently a side gig as it is n...
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Hello all,
I'm wondering whether my situation is outside of the realm of financing possibilities, even creative ones.....
My wife has had a small rental in NJ for 10+ years. She has refinanced so we are looking at...
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Hello!My original plan was to buy a small multifamily (2-4 units) in my area and househack. House hacking (self-occupancy) would of course allow me to go with a non-conventional, non-commercial mortgage like Homestyle...
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Hi, I was approached by a friend with an opportunity to invest. His plan is to get a loan from me (promissory note) and then use the loan as the down payment from the bank. After talking to an attorney, he explained f...
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Well, that's it. I've officially put all my money into properties, refinanced it out, bought more property and so on. I'm left with not enough to buy another one unless it is turnkey. I don't want turnkey propertie...
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I'm thinking about becoming involved in real estate investment now that I have free time on my hands. In particular, I want to buy, rehab, and rent out properties (long term holding). Eventually I'd like to get my h...
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I live in the West Palm Beach, FL area. I have 50k cash to invest and I'm very interested in real estate, My credit isn't that great but I'm still young. Do I have enough cash to get a good start?
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I'm seeing some attractively priced REO deals, and I'm thinking about dipping my toe in the water. But that sort of leads me to my question: Are these attractive prices set so low that they bring in a large number of ...
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After doing some research I am leaning towards getting my real estate license. I do however have some questions concerning commissions. Is 6% the maximum I can charge when selling a house? For example, If I find a se...