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Results (2,885+)
Joseph Barbaretta How much to give a GC upfront?
30 November 2015 | 79 replies
If this is a cost plus, you need not to give him money, he will have to give you the quote, then you issue a check to the supplier everytime he buys them (your local homedepot calls this "managed account services"), for small items, he needs to fund it (or you expose $1000 as revolving fund, to be deducted at last payment). for all material receipts, he will have to keep all of it, and bill you a certain % from the total amount, if  doesn't give you the receipt, it doesnt exist (good way to keep your receipts too, have him submit it to an envelope along with a tape/tabulated excel printout). for payroll, you will negotiate a specific rate per trade (all inclusive to lessen litigation issues), and you will have to pay him 2 calendar days after he sends his payroll (maybe friday after work hours, or saturdays preferred). for your safety, be sure to get a waiver of subrogation on all of his insurances naming you as additional insured, call your local agent for this, they know best.
Account Closed What materials to include in packet for private lenders?
18 February 2014 | 20 replies
In addition to the items you listed for inclusion in your 'presentation' (I think you are right on target as far as making a good, professional, first impression) I am thinking of having info for the 'Mom and Pop" investors mentioned above (they are a good share of who I plan to present to) on what their (likely) low risk - low return investment will likely yield over time vs what their loan to us would yield.
James Clayton Southern California purchasing Subject to and selling with a wrap
29 September 2015 | 43 replies
@James Clayton  We were doing wraps in the 80's when the all inclusive deed of trust was created: as a way of protecting the buyer of the wrap.And like Aaron I have seen many try to use this scheme of buying properties with little equity and selling to low down credit risk folks.. and make the delta maybe a few hunderd a month.. and the idea is you get a lot of them and you create cash flow Blah Blah Blah.Well those are transactions that are ripe for failure and one can get in a mess of trouble with regulators if you have a bunch of them go bad on you and you have the sellers filing complaints against you, as they lose their homes or their credit.I have done 100s of sub too's over the years not just a few but hundreds,  however like Aaron and many others we kept them as rentals or then just sold them for profit down the line.  
Shane Woods 50% on my 1st Mail Campaign!!!
25 March 2013 | 3 replies
They love the inclusion, I get to hang out with them, and still be "working" :)Justin Silverio, human waste, nice!!!!
Benjamin Riehle Can Millennials Achieve the American Dream?
5 December 2016 | 48 replies
Students who pay to have inclusive dorm/food packages?
Fred Ramos Why You should Stop Buying Rentals And Become The Bank
12 September 2016 | 79 replies
Rule 506(b) really helps for those fund managers who want to be more inclusive of folks with lower incomes, but it doesn't go far enough IMO.
Account Closed Section 8
3 January 2020 | 181 replies
The rent inclusive of like properties with water included makes sense but I find it difficult to match property to property in a 5 mile radius since there might be little to evaluate.
Chris C. Time to Face Federal Compliance Issues of Mobile Home Lending
10 January 2013 | 38 replies
While the issues to be addressed are far less for those who simply sell homes, their recent inclusion as responsible entities for Anti Money Laundering is even a bigger shock to them.While it would seem like "no big deal" to anyone with heavy lending experience, it does seem like a very big deal to those who are encountering this for the first time.
Account Closed Any investors live in a Tiny House?
25 February 2021 | 35 replies
It looks like these are park models built on permanent foundation, where my project was involved with what we used to call "THoWs" tiny houses on wheels, which are now being called 'movable tiny houses' by the tiny house code-inclusion advocates, for strategic purposes. 
Prince Anyanwu Investment for African
13 April 2017 | 5 replies
Welcome to BiggerpocketsReal estate is universal.Many successful investors say there are opportunities to invest within half an hour from where you live(inclusive of Africa i believe).so it come down to mindset, beliefs, attitude education and training.This is a great platform to get that education and training then practice in their communitiesFrom "we buy houses" in your local paper, to following up probate leads at the local court/foreclosures from sheriff,to getting a lead manager if you like to prop up your business etc it can get as sophisticated as you want/needDoesnt answer your question directly but relevant......all the best