Simon Ruiz
Using a hardmoney loan to purchase property at point of auctions
26 August 2019 | 18 replies
IN addition these particular companies located in SEattle and Portland.. also track all the sales and they have people on staff that bid.. the borrower can attend but the borrower puts a strike price.. so its a bundle or suit of services.. the HML does all the tracking all the title work up front of course comps out the collateral and when able walks and inspects the property.. borrower needs to do drive by and get in the property if they can.. since the borrower is taking on the risk capital IE the last 20% of the capital stack ..
Brian Burke
Syndication Investing During a Recession
31 January 2022 | 248 replies
The eviction moratoriums are the bigger problem--not because landlords are anxious to evict, but because it creates an unlevel playing field that leads to a problem with willingness to pay, as seen with the various rent strikes called for by some on social media and elsewhere.
Joshua Dorkin
How to Calculate Fixed Costs on a Rehab, Flip, or Wholesale
31 March 2021 | 40 replies
You just gotta love that 'TV MATH' :-) .....Then Reality Strikes!
Cameron Riley
Do you have a mentor or are you self educated fully?
13 February 2019 | 71 replies
Read tons of books, never used a Guru (They strike me as ego inflated best of luck success stories), used a mentor when I was just starting out, and that helped significantly.
Carrie Cavins
How do I move forward with my First offer??
12 May 2017 | 15 replies
Purchase the property in the future.Offer 3: Lease Option the property with the strike price that follows the declining principal balance of the owner's mortgage.Offer 4: Purchase property subject to the existing mortgage.Etc etc
Rich Weese
which is better, 1031 exchange or take the money and run
20 March 2017 | 23 replies
If you already have a nice stabilized asset that is performing nicely, easy to manage, and not leveraged to the hilt then doing nothing strikes me as intelligent behavior.
Jason Malabute
MET GARY LIPSKY LAST NIGHT
9 June 2023 | 1 reply
This strategic approach helps strike a balance between maximizing revenue and filling vacancies efficiently.Valuing Employee Input: Gary emphasized the importance of fostering a collaborative and inclusive work environment.
Daniel Vasilyuk
I want to buy my first property @ the age of 21 and need advice!
21 June 2018 | 23 replies
@Daniel Vasilyuk Looks like you're well acquainted with the site already, and doing a great job of preparing for investing.BP has a great list of REI groups here: https://www.biggerpockets.com/rei/real-estate-clubs/The best way to get over analysis paralysis is to be analyzing properties continually, so that you're comfortable with the numbers and ready to strike immediately when you find a good one.I wrote a biggerpockets blog on the major metrics to understand when analyzing income properties as well as their formulas that may be helpful: https://www.biggerpockets.com/blogs/8814/73755-18-essential-metrics-to-a-complete-real-estate-investment-analysisAs far as how to find deals, there are many, many sources for properties:Let everyone around you know that you're looking for a property: https://www.biggerpockets.com/blogs/8814/72664-35-relationships-to-help-you-find-more-houses-to-flip-or-wholesaleFind deals on the internet: https://www.biggerpockets.com/blogs/8814/72016-55-resources-to-find-real-estate-deals-onlineAnd find deals off the internet: https://www.biggerpockets.com/blogs/8814/71506-27-ways-to-find-off-market-and-wholesale-real-estate-deals-offlineFeel free to reach out if you need anything.
Kevin Harris
Tenent suing me in Indianapolis Indiana, need help
3 February 2020 | 65 replies
Strike one.
Account Closed
Ask your favorite BP podcast host trending questions!
27 February 2023 | 23 replies
Trying to keep my personal credit from getting strikes every time I open a credit card or punch my limits up.