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6 December 2017 | 23 replies
Also Cody careful In Mississippi one of my clients there got thrown in Jail for brokering without a license.he got caught once got a cease and desist and I set up a transactional program for him so he could come into title and resell.. he did quite well we did one or two a week there for a few years.. then we had a falling out.. he reverted back to his old ways of tying up a property putting it on his website and reselling it without owning it or bringing in his own funds to close.. and got turned in again this time he was arrested and charged with a felony..
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6 December 2017 | 12 replies
Wow, the advice on BP never ceases to amaze me.
4 December 2017 | 1 reply
Claire Shores, MI is listed as both R-1 and medical office.)
20 March 2018 | 15 replies
If the calculation is equal to 1 then you are not making money, 1 represents that you have enough cash flow to cover your dept. less than one means you were not making money and greater than one means you have a cushion and making money. banks look for above 1 because they want to make sure you will be making enough money to pay them back and that you will have the money should costs rise and change your NOI, I know my bank looks for 1.25 DSCR . usually they just do not look at the properties, they will look at your personal situation ( credit card dept, alimony payments, medical payments) especially if they want you to personally back up the loan. there are a lot of explanations and probably better than i explained, all you have to do is look up DSCR, hope that helps.
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19 March 2018 | 25 replies
Right now I’m basically working in the medical field just not in my specific field of interest.
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15 March 2018 | 3 replies
And through crowdfunding/syndications, you can access and diversify into other real estate asset types like debt, or commercial real estate (apartments, self storage, medical facilities, retail, etc.).
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15 March 2018 | 8 replies
Letter indicating cease and desist its trespass, talk to your lawyer, no trespass sign, and big rocks or posts and a heavy chain strung between them.
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18 March 2018 | 1 reply
Hello BP community, I was initially getting my degree in the medical field but I hit a bump in the road and decided to switch lanes and invest all of my time into real estate.
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27 March 2018 | 7 replies
They told me nothing but the guy was a youngish doctor and he was having trouble getting a practice established but had been offered a teaching position at a medical school back east.
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27 March 2018 | 2 replies
I am looking for a SFH or Multifamily in the Houston downtown/medical center areas.