Matt R.
Bitcoin is 10k again what are you going to do now?
5 December 2024 | 554 replies
Creditors who did not file claims will still have their claims acknowledged by the trustee in line with the Civil Rehabilitation Act of Japan, according to the statement: “The Rehabilitation Trustee has approved Exchange-Related Rehabilitation Claims that have been acknowledged based on balances in the MTGOX Bitcoin exchange database, including those that Users have not duly filed.”
Val Berechet
Is it still a good idea to invest in Tulum, Mexico?
11 December 2024 | 101 replies
After a long search, I found the right trustworthy Mexican partner/builder which has allowed me to work on doing my own condo developments to enable to give a better deal to the buyers, including people who contacted me on BP and couldn't find something that suit their needs.
Philip Jones
Refi LENDERS in BRRRR
18 November 2024 | 16 replies
Hi @Philip Jones,For the refinance aspect, the main factors will be the FICO Score, cash flow of the property, and as-is value.A Higher FICO will let you get a larger loan size and lower interest rate.Good Cash Flow will ensure that your property will be profitable for you and enable you to get the max loan size that your FICO allows for.The As-is Value will play an important role in making sure that you meet the minimum requirement for a DSCR loan of 100k, but also in making sure that the rehab work that has been done provided significant value add.
Scarlett Tao
Co-signer income requirements
18 November 2024 | 14 replies
So, we obtain a full credit report and review collections, chargeoffs, age of credit accounts, active accounts, etc. to build an overall credit evaluation.Public RecordsWe also obtain data from national databases about evictions, convictions and sex-offender histories.
Shannon F.
ALE Solutions Preferred Landlord Program
12 November 2024 | 1 reply
Also from what I've read online breaking into the insurance side of things sounds like it requires cold calling and building relationships with those reps vs just registering property in database and waiting.
Joe Barty-King
What are the best ways to find cash buyers/investors?
13 November 2024 | 13 replies
They have a database full of qualified investors that they have made loans to already.
Brandon Brock
Eddie Speed Note School
7 December 2024 | 150 replies
As the eventsponsor I was able to attend all the initial training or free and am not one to buy a bootcamp let alone a mentor program.How ever I purchased Eddies Mentoring and was able to connect with Dave Van Horn and several others in the 2nd Space where I focus a lot of my attention.I was able to gain access to a $2000 training product that I didn't really need, but that gave me the back end website access to cash buyers and private lenders databases that usually have an ongoing fee (was included)Was also able to gain access to an asset protection set up program, included.It also came with a credit repair program that I use to help my lease option buyers clear up their credit issues.Over the years new things have been added in at cost or discounted pricing such as a a 4 day week end of Self Directed IRA training with some of the nations leading experts in a small 15 person setting, this was provided to us as mentor students and the networking from this gave us access to attend a 5 day cruise with 2 days training and unlimited access to some of the nations top experts in self directed IRA and real estate investing.So did the mentoring program cost $20,000 . . . yes it did.
Mitchell Gunlock
How do I budget time
13 November 2024 | 5 replies
This will help direct your search to the right areas, property types and price point.If you're purchasing all-cash, skip that step.Depending on your goal and preferred timeline for closing, the majority of your time should be spent searching for and analyzing deals.Searching: Look at public listing sites; connect with an investor friendly agent and choose 1 to work with who can search MLS and off-market inventory; for additional off-market options, consider growing your own database of wholesalers and homeowners Analyzing: Your agent can send comps and you can also search public listing sites for sold homes.
Don Phil
ROI excel spreadsheet
10 November 2024 | 12 replies
After a transformation, I import information from Stessa (it auto-injects info from banks) into a relational database, run a few queries, and then do a cross-tab query to bring it all together into a report.
Blaise Peterson
Career advice for my daughter
11 November 2024 | 14 replies
But, if she were to transition to a job in the RE sector, she would develop a skillset that would enable her to take this much further and in her own direction.I have a couple reasons for posting this topic: the main one is that I think this is a good topic for discussion in the BP forums.