Loc R.
Just got an iPhone: App recommendations?
21 May 2015 | 62 replies
It also allows you to remotely lock the phone (I'd bet this locks up Siri as well) and even erase the phone completley.I hope I never have to use the lock or erase features, but I'm really glad I don't have to spend a few seconds unlocking my phone EVERY time I use it.Bonus: The iHandy level and flashlight apps come in handy every now and then.
Phil Tsouridis
Rehab Question - What to offer & how much to fix?
1 November 2011 | 12 replies
Now that you have a scope of work, why not just get a few contractors to bid the work.Pricing is going to depend greatly on the level of finishes and where you are located (labor prices vary a good bit), but if I were going to do that work where I live, I would expect somewhere in the $60-80K range based on the information you've provided.
Bryan Hancock
Reg D Exemption In Jeopardy Using JVs To Capitalize Development Deals?
22 October 2011 | 11 replies
I have been involved with several funds and even have co-written them with a partner that used to teach how to create syndication's and funds on the college level.What I do know is that you need to be very careful on every single little issue or you are creating an unnecessary long term liability where, should anyone complain, or heaven forbid not be satisfied with the return and put your fund under a microscope - how will it look to them?
Chris Clothier
Biggest Mistake for Real Estate Online Marketing
19 February 2012 | 16 replies
Here is another line from an article that was spun and not written by a person:The heal for not usually new home construction though a housing stagnation in ubiquitous is associated directly to consumer confidence, that is directly associated to practice levels, Hogue said.It's crazy that this is even out there associated with someone's name and company...and by default, their reputation!!
Kalyn Ringwold
A little bummed tonight :( Deal may fall through
30 October 2011 | 19 replies
Whether you say ethics or any other BS in the real world these REO kings and queens have a list of buyers ready to purchase with cash where the REO broker can double end a deal.If the offer is close to what the asset manager wants then the bank doesn't care about double ending.How you level the playing field is to tell the listing agent they can keep all the commission so they will push your offer with all things being equal.It is a classic mistake I see brokers and agents make time and again.The REO broker is only getting a tiny fee on their side and having to cover a bunch of costs listing the REO so getting the other side is huge for them.If you are flipping you will save the commission on the sell side as an agent and you can put 4% co-op to get buyers agents in droves and still save 2%.The price has to be competitive and the rehab quality for the area as always.You can't just offer a higher co-op and then list high to compensate for it.That is another classic seller mistake.good luck
David Beard
Private Lending for Buy & Hold
10 November 2011 | 31 replies
Hence, your pitch will need to focus on safety through long-term cash flow and you will undoubtedly need to create a high level of trust and hold their hands through the entire process.1) I have had luck with doing I/O payments in order increase cash flows.
Donna Smolinski
Rehabber profits sinking
31 October 2011 | 3 replies
Normality is where inventory levels are at or near historic levels and where supply and demand are also near equilibrium.
Travis Elliott
Did I get decent financing on this deal???
10 November 2011 | 8 replies
Hi BrianI only have a little time so I will make it shortThe house has a second bathroom on the upper level...
Adam Scherr
Syndication questions
2 November 2011 | 4 replies
2) Is it common, especially on smaller deals and smaller groups, to pay back all investor principal at reversion vs paying back as the 1st level of the waterfall?
Joshua Dorkin
Survey: Should we Require Avatars to Participate on BP?
2 November 2011 | 24 replies
That is the reason I do not have a picture yet is because I don't have any which I feel are professional enough, but I guess I will put one up anyways.I think a compromise of requiring a profile picture once you reach a certain level of involvement in the site would be a better policy.