
15 October 2024 | 2 replies
My interest-only monthly payment, including taxes and insurance, is $2,298.Phase 1 of the project was a gut-renovation of the existing home, which we converted to a three-bedroom, two-bath home.

20 October 2024 | 11 replies
I am looking for a commercial real estate attorney, who can review purchase/sale agreements, etc.

20 October 2024 | 4 replies
Can anyone recommend a real estate attorney in or around Crosset Arkansas?

20 October 2024 | 4 replies
@Yixiong Pan HOA liens can be tricky, sometimes HOA will post liens at time before foreclosure, which isn't at time of tax auction.

16 October 2024 | 3 replies
Your best investment is in yourself.Consider going to college or learning a trade.Use the funds to invest in something that does not require much time so you can focus on learning.If you do decide to get into real estate, you may want to consider doing a house-hack.It will give you a place to live(potentially saving you a few hundred dollars from paying rent and also giving you training wheels for being a landlord).

16 October 2024 | 2 replies
Their website has resources, to include a Landlord section in the menu: https://housingforhouston.com/landlords/partner-portal/

14 October 2024 | 3 replies
I recently purchased a course on real estate investing and have decided to focus on single-family flips and rentals.

17 October 2024 | 20 replies
Ok, I’m sure I’ll get a lot of blowback for writing this but why is there a growing belief amongst the BiggerPockets community that wholesalers are the gatekeepers to good real estate deals and critical to your overall success?

16 October 2024 | 6 replies
Too many in your shoes focus all of their time and energy on preparing for the liability event and fail to address the items in their day to day business that can actually prevent liability exposure.

17 October 2024 | 12 replies
I feel a bit stuck in this scenario, and I could use some advice.I'm raising some money from private investors and wanted to run some options by more experienced posters, because I'm a bit unclear as to what the best way is to structure my deals with private investors, or if there are better options that I'm not considering.Here are some rough numbers to capture a deal that is on my radar:Loan amount from investor: $110kYearly Interest Paid to Investor: 7%Monthly Rent from Property: $1300Monthly Interest-Only Payment to Investor: $642Monthly Property Taxes: $71Monthly Insurance Payment: $71Property Management fees: $104Net Cashflow: $412Now, this is not a bad outcome, and I am fine with it, but I am wondering what someone else might do differently if you were in my position - Should I charge an upfront fee to my investor (maybe $5k or so for this deal and also keep the cashflow as my monthly management fee), or would you instead use the $110k from the investor to BRRRR a bunch of deals, or would you try to just use the capital for one deal at a time?