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Results (10,000+)
David Robert Let's talk Cybersecurity!
9 December 2024 | 1 reply
You're the fish.They often use a mix of fear, threat and urgency to push a target to act.It can be as simple as a 24 hours sale from your favorite shop that requires you to log in to your account first or your boss asking you to wire money right now or he/she/they will lose an important contract that will cost millions.So cybersecurity is important because without that, you might have an incident that can cost a lot of money, impact your reputation and might affect your credit score.
Deborah Wodell How Are You Covering Down Payments & Closing Costs for Your Fix & Flip Deals?
10 December 2024 | 8 replies
You may use a mix of hard money loans and partnering up with others to handle those upfront costs.
Reeves Bennett Hello, BiggerPockets Community!
9 December 2024 | 10 replies
Austin’s a different beast..there’s a mix of tech money and old-school homeowners who appreciate a certain flair.
Bridger L Logan Any success with rent by the room?
15 December 2024 | 59 replies
@Bridger L Logan I have a mix of multis and sfr.
Bill Warren Asset protection help
7 December 2024 | 1 reply
An example of this would be mixing your personal money and LLC money in the same bank account.3.
Elisha Johnston Cleveland and/or Columbus area
7 December 2024 | 33 replies
Cleveland will have a lower cost of entry and higher cashflow, Columbus a higher cost of entry but probably a good mix of cash flow and appreciation.
Qusai Agha Newbie from London! Assignment Contract Wholesaling?
7 December 2024 | 2 replies
In Phoenix, I might call up a friend who invests in mixed-use properties south of Roosevelt Row, and that friend might know a local title rep who’s been working with out-of-state buyers who like to pull the trigger fast.
Sam Lewis Why would hard money lenders trust someone they don't know?
2 December 2024 | 10 replies
Borrower Types: The Professional - HM Lender will cut sweet-heart deals to keep these borrowers around Experienced real estate investors Regularly engage in property transactions Typically have a track record of successful projects The Newbie - Charge Higher everything as the risk is higher as no experience Novice investors or first-time borrowers Limited experience in real estate Seeking to build their investment portfolio The Deadbeat - Only lend if the deal is so SWEET, they can't lose if they take the property from the Borrower Borrowers with poor credit history or financial difficulties High-risk borrowers May struggle to secure traditional financingThe lender will do an application on the deal/borrower and some standard docs they require are:Hard Money Application / ExperiencePurchase contractARV report – COMPS – See * Redfin*Pictures of Property – most people use Dropbox to shareProof of Funds – Down / Reserves (Bank Statements)Personal identification (ID or passport)But usually if the deal is sweet enough, they will do it anyway because if the deal goes south, there is so much equity/value in the property that the HM lender can't lose.
Danielle Tran Can a tenant sell the same products as another tenant?
5 December 2024 | 6 replies
Its essentially in the longterm best interest of the property owner to ensure there is a non-compete clause in all leases; merely for the benefit of securing longterm relationships with the tenants.A diverse tenant mix can attract a wider audience and contribute to a more vibrant environment.
Matthew Toporowski What due diligence do you do on prospective commercial tenants?
4 December 2024 | 4 replies
I purchased a mixed-use triplex with the bottom floor zoned commercial.