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1 June 2015 | 5 replies
It is a great place to network with like minded individuals and constantly learn.
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27 May 2015 | 6 replies
Actually, both the old owner AND the new owner can be held jointly liable for the tenant's security deposit.
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27 May 2015 | 10 replies
Relationship: The Parties hereto shall not be deemed to be Partners or Joint Ventures and no Party shall be liable for any other Party's commitments or liabilities resulting from execution of this Agreement.
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27 May 2015 | 2 replies
Hi @Daniel SistoMy blog will help youhttp://www.biggerpockets.com/blogs/3-reiskills-and-brian-gibbonsSub2, private lenses, joint venture partners, etcGood luck!
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20 April 2016 | 13 replies
Benefits include Income, Depreciation and other tax write-offs, Equity buildup over time via loan principal paydown, Appreciation over time, and Leverage (with creative financing techniques, you can own/control a property with a small amount of your own capital).Consider what your goals are, and what resources resources you have (time for the business, knowledge, working capital, skills, interests, a mentor, etc.) and make sure there is good alignment between any chosen strategy and your resources.You might want to learn about other ways to put your capital to work while you pursue other interests or study real estate investing further, by becoming a Private Money Lender with short-term loans to experienced investors, or becoming a short-term joint-venture money partner with an experienced investor.
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19 December 2015 | 13 replies
@Emmanuel Obunadikewelcome to BiggerPockets and I love your enthusiasm it's really greatIf you search on BiggerPockets with "Brian Gibbons" you should find a lot of information about helping you build a business with "lease options, subject to existing financing, creative financing, private lender marketing, and joint venture negotiation."
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23 February 2016 | 19 replies
I would like to do some joint ventures with anyone who has some experience.
11 December 2015 | 4 replies
I think your looking for a joint venture agreement.
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12 December 2015 | 2 replies
I'm sure this question has been posed before but with 1,126 discussions in the forum i think this might be the fastest way to get the most accurate information; seeing as how lenders are constantly changing their criteria and products.
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12 December 2015 | 1 reply
@Heron Barrerausing a joint venture with the seller versus wholesaling a minor rehab generally provides a better result for the seller as far as the amount of profitCompare these two offers70% of ARV of $200,000 minus repairs of $20,000 - wholesaling fee of $5000 = $115,000 net to sellerJoint venture with the seller is creating a note for their equity but not paying off the note until you buy, fix and resell the propertyNumbers on the joint venture-ARV 200,000-Repairs $20,000-Note to the seller 148,000, first mortgage-private lender loan for rehab $20,000 plus interest of 10% of $2000 equals $22,000 second mortgage-joint venture fee of $10,000 do to you upon resaleWarning: you have to get your repairs right and your ARV right, otherwise you lose money