C & J Metzger
Okay BP Nation What are your TOP 5 favorite books on REI?
27 February 2013 | 12 replies
The Big Book of Real Estate, by Robert Kyosaki and contributing authors.
James Park
Currently, What percentage of your networth is tied into real estate?
20 October 2011 | 22 replies
What asset class do you get your best ROI?
Ed O.
Cost segregation, componentizing.. anyone do it?
9 July 2020 | 11 replies
Cost segregation works at virtually any level when there are sufficient assets in play to work with.
Alex B
Agent doesn't want to accept a back up offer on a SS
21 October 2011 | 8 replies
Furthermore, trying to get your offer to the lender wont work, and even if it did, they dont have the authority to sell a house that doesnt belong to them.
Chris Clothier
Biggest Mistake for Real Estate Online Marketing
19 February 2012 | 16 replies
Then you have a link pointing it back to your site or your author's box.
Kalyn Ringwold
A little bummed tonight :( Deal may fall through
30 October 2011 | 19 replies
Kalyn everyone wants cosmetic properties.You will find regular home buyers do not have to resell and will accept way less of an equity position and pay a higher price to get a home cheap with a low monthly payment.Their goals are totally different than a rehabber.This is why a bunch of success is taking on properties where a home buyer is not a competitor but it drives down the price with the property not being loan ready.If your offer of cash is just slightly lower than a finance home buyer the asset manager might still choose you.If there is a wide difference the asset manager might take a shot with the finance home buyer to net more.It depends on a bunch of factors which is being at the right place at the right time.You also have to understand local,regional,and national banks make decisions in different ways.Kayln are you offering to let the listing broker keep all the commission are are you getting greedy and asking for the co-op??
David Beard
Private Lending for Buy & Hold
10 November 2011 | 31 replies
a 65% LTV secured loan that we'd be offering would have the equivalent of an A rating or better (obviously you wouldn't state it in this fashion since your loan is not rated by a rating agency).Yes, this is relatively illiquid and as such, it would be strongly suggested that this constitute no more than 25% of an investor's assets.
Glenn Espinosa
Negotiating REO Offers
31 October 2011 | 9 replies
If one of my direct buys from the asset manager, I either take it or I don't, no contingencies.One thing to note: Almost all the banks have their own addendums and in them, they have pre-set items in them.
Greg P.
Question about single deal partnerships?
29 October 2011 | 13 replies
There is no asset protection with a JV, so it is recommended the partners be either a corp or LLC2.
Elio Mariani
Holding property in LLC/Corp
25 November 2011 | 27 replies
Assuming the s-corp buys the property for $250k, then the s-corp would have the $250k property as an asset and no liability.