Benjamin Herrmann
What woudl you do with 100K
3 November 2017 | 11 replies
If you're willing and able to be more hands on, cut your teeth on a few flips or use the BRRRR approach on a few self-managed single family or residential multi-family properties.
Petit Morne
Creating your own MH park from scratch (raw land)
22 November 2017 | 21 replies
It makes no sense whatsoever to dump tens of thousands of dollars into a lot that will produce $400+- gross income.
William Hart
New to BP and Real Estate Investing
5 November 2017 | 1 reply
But as you cut your teeth on your first smaller properties, you'll be much more able to manage and mitigate the risk of using professional management.Adding value.
Ryan Robinson
How being a guarantor for a LLC impacts your credit
17 November 2017 | 3 replies
Our lender told us that it will not have any effect on personal credit whatsoever.
Ian Livaich
New Jersey Real Estate Newbie
26 November 2017 | 12 replies
I have a bunch of real estate books on the way (all suggested on the BP podcasts) that I can't wait to sink my teeth into.
Benjamin E.
Help! Loan Officer screwed up three days before closing....
18 November 2017 | 3 replies
I actually planned on putting them in LLC's anyway - so I am not trying to deceive anyone whatsoever, just meet the underwriting criteria.
Robert Duncan
seller financing commericial property
25 November 2017 | 1 reply
Yes sir, no problems whatsoever.
Walter Hodgson
GroundFloor - Equity Ownwership Offer
3 May 2019 | 17 replies
For as much as you all spent time with the pretty infographics on the offering page there is zero mention or reference whatsoever to an exit event.
Joshua Zapin
Property Management Indemnification Standards
30 November 2017 | 3 replies
I am reviewing a property management agreement and came across this clause RE: Indemnification that seems too broad:INDEMNIFICATION:(a) The Owner shall indemnify, defend and save Agent harmless from all suits and/or other legal proceedings whatsoever and cost incurred therefrom in connection with the management of the Property and from liability for injuries suffered by any employee or other person whomsoever, except in cases of willful misconduct or gross negligence on the part of Agent or its employees, (b) The Owner shall indemnify and hold harmless the Agent from and against any costs, loss, expense or damage (including attorney's fees) suffered or incurred by the Agent arising out of or related to the enforcement of this Agreement arising out of a default or other breach by the Owner, the management, operation, improvement, alteration and leasing of the Property, including all other activities arising out of or related to Agent's duties under this Agreement or as a result of any act or thing done or permitted by the Agent or its agents or employees; provided, however, that such indemnification shall not apply to any such cost, loss, expense or damage to the extent that the same relates to or as a result of conduct by Agent which constitutes willful and wanton misconduct.It seems like if one of the Property Manager workers (aka Agent) slips and hurts himself while cleaning the floor the "Owner" is then responsible.
Tom Anderson
Help! Crime Scene Cleaning Co. Aftermath Inc. is asking for $48k
6 December 2019 | 49 replies
He had to remove part of the ceiling and part of a ceiling joist because of some bio matter (teeth mostly) (just shuddered a bit).