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17 June 2024 | 12 replies
There's typically a time limit to how long that lasts, but the fact is this agent helped you and is considered the "procuring cause" of the deal, so you should honor that and ensure they are paid.It was unethical of you to approach the buyer and try to cut out the agent, and it is definitely unethical of the seller, which makes me question whether the seller is someone you want to deal with.
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16 June 2024 | 2 replies
@Kaycie GunnIf you want debt financing hard money or private money lenders will fund with typically 25% down paymentIf you are looking to syndicate and raise money from investors then that is a different animal and you will need to file an sec exemption to raise money and depending on your experience it could be moderately challenging to near impossible.
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18 June 2024 | 121 replies
I was curious about CIX after seeing a youtube ad.As I typically do, I searched "CIX Bigger Pockets" to see what the BP forum had to say.His ad felt like a used car salesman (my alarm bells were going off).Another red flag from a lending source: lack of transparency in disclosing their fees.
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17 June 2024 | 9 replies
I will consider this and focus on other options to buy Real Estate.
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17 June 2024 | 5 replies
Venting a dryer can be a PITA if you want to put it somewhere else, but draining a washing machine is just as tough so...there ya go.Either way, it is a nice option for those squeezing into a small closet somewhere in their cabin.Yale Appliance is one of the largest appliance retailers in Boston.
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18 June 2024 | 16 replies
I believe there are limited options as a non-accredited investor.
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18 June 2024 | 12 replies
As a general rule, it seems that places that were vacation destinations before OTAs are better represented on VRBO, while mid- and large-cities tend to have more options on AirBnb.
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16 June 2024 | 4 replies
Another option is to consider properties that need some work but have good potential for value appreciation, as these might be less expensive and provide a better cash flow once renovated.
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17 June 2024 | 14 replies
A typical policy covering up to $15,000 in property damage and $100,000 in liability coverage costs under $200 per year7.