James Kerson
Tell Me Why My Discount Brokerage Idea Is Bad: Calling All Agents
10 December 2024 | 100 replies
The ways involve a combination of undefined tech innovation and customer willingness to engage in unconventional transaction methods.There is options now, today, for buyers/sellers to transact real estate for 1% and less of the total transaction $.
Fadil Khan
Interested in Rental Income
3 December 2024 | 4 replies
Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.
Dan McDermott
Got experience with mixed use in smaller towns?
3 December 2024 | 4 replies
He rented the stores for office use, like a travel agency, and the other to a video store, when a barber shop of many years closed up.
Joe S.
What are your thoughts about Prenuptial agreements?
6 December 2024 | 51 replies
My first divorce we worked it out amicably and in my current marriage we do not have one and would not engage in one as we built what we built together.
Roger Mace
How to Know if You Have a Good Private Money Broker
30 November 2024 | 0 replies
While engaging with the Bigger Pockets community, I've noticed many investors seeking funding.
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.
Kyle Mason
Buying small businesses
28 November 2024 | 8 replies
Any business can be profitable if done correctly.Look at your own video.
JD Martin
Do you have inspection & hoarding clauses in your leases?
2 December 2024 | 7 replies
One of my friends uses comped quarterly cleaning as their inspection day and trains the cleaners to take photos and videos of everything.
Max Dauer
Robuilt Black Friday
29 November 2024 | 0 replies
I think Rob provides great value in his videos and was wondering if anyone has joined any of his courses before.
Nicholas Crutchfield
Trying to set up to do real estate in the future, what should i focus on?
2 December 2024 | 1 reply
I've watched some videos from BP but i'd like some recommended reading to educate myself in preparation and so i can start going to open houses and actually having an idea of what i'm looking at.3. i'm thinking about changing careers to either electrician or plumbing to get skills that may help me manage my properties or do house flips and value adds to my properties.