Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
Justin Dias Security and Last Month's Interest Payment
20 March 2018 | 11 replies
I do currently create and tenant account with their last months and security payment.
Tyler C. The struggle is real...
23 March 2018 | 38 replies
However, know that not all mentors are created equally.
Kevin Smith No Money Down In Practice
13 March 2018 | 2 replies
There's a lot of discussion around partnerships, private lending, and hard money, but I don't see much discussion on the actual mechanics - what these arrangements look like in practice.My hope is this post can serve as a reference for those starting out, so we may get a better understanding of how these strategies are actually implemented as well as an ability to more accurately predict the profits and returns you and your lenders and partners can expect.If those with more experience would like to revise these numbers and statements, it would be most appreciated.These scenarios assume you, the flipper, are bringing none of your own capital to the deal.Typically, this would mean 1 of 2 scenarios...Private Lending - Someone you know brings 100% of project costs (purchase, rehab, acquisition costs, holding costs) to complete the deal and in return, they get a certain percentage return which comes out of your profit.Hard Money + Partnership - You get a hard money lender to cover 80-90% of purchase+rehab and a partner to cover the remaining 10-20% as well as acquisition costs (including hard money origination and points) and holding costs (including hard money interest payments).An aside about the structuring...Private Lending - A promissory note is created, and your private lender lends to you or your business. 
Karen Margrave IMPACT fees, and other building fees - What do you pay?
15 March 2018 | 10 replies
If you're able to position create an ADU the fees should be much less.
Cody Evans Social Media Presence VS. Website Presence.
29 March 2018 | 19 replies
I know my audience values growing their wealth safely, so I create content that shows how we do that.
Erik Sherburne How leveraged are you?
19 March 2018 | 87 replies
It makes no financial scenes to have the cash sitting in a property when it can create the same over all financial security as a paid of property while still earning it's keep.
Pamela Mitchell Anyone do any type of training before jumping in?
28 March 2018 | 6 replies
I think it'd be more of value to network with others, learn from their experiences, and even create partnerships in order to get a hang of the system.
Tasha Elflein Newbie Alert in Denver!
21 March 2018 | 17 replies
One good way to get going is to create a solid plan to look at the investment needed for your first project or rental and then Initiate that plan in a step by step bases.
Ryan Davidson Cap rate? What’s your thoughts?
18 March 2018 | 6 replies
It is simply a means of allowing us to more easily compare properties whether they are similar or not based on the value created per dollar spent on a property. 
Martin Saenz 3 Reasons Note Investors Succeed
21 March 2018 | 13 replies
3 Reasons Note Investors succeed:1) They invest in their education and training on an ONGOING basis2) They do massive outreach to peers and sellers on an ONGOING basis3) They put systems in place so they buy right and create the desired cashflow from their buysCan anyone contribute to this list?