Justin C.
Not sure what kind of property to start with & looking for advice
12 February 2020 | 14 replies
Since I’ve been lurking for quite a while I figured it was finally time to introduce myself and make a post to see if you knowledgeable folks could share your wisdom and help me break down some of these ideas and concepts so that I can figure out the best plan to move forward with.Bit of background about me:31 years oldSingle (in a relationship but unmarried)20k student loan debt, no other debt 70k saved (20k more in Roth IRA but probably wouldn't want to touch that since it's for retirement)Stable full time office job - 70k/year 790 credit score Located in the greater Boston area of MACurrently renting and do not own any property Now that you have a little bit of background, I was hoping I could get advice on the best way to get started with something.
Cory Lucas
Hey BP, tough convo needed with realtor, advice?
26 January 2020 | 33 replies
I want this to be a long term profitable relationship for both of us.
Juan V Lopez
In VERY One-Sided Deal With Landlord For My Business Building
25 January 2020 | 19 replies
My point being, work with him, get to know him, develop a relationship and show him you care about the property - also let him know you want to buy it.When you do renegotiate, one thing to definitely include in the lease if he is willing is a right of first refusal to purchase the property.
Jack Ventura
Purchasing a property under a LLC
27 January 2020 | 8 replies
Once you have a track record and a relationship, hopefully with a portfolio lender, alternatives may be possible.
Wilson Lin
Please help - cash pay 4plex or just invest in syndication?
27 January 2020 | 7 replies
If you want to do both, go ahead and throw some debt on it and invest in both the current deal (if it checks out after readjusting your numbers) and a syndicated opportunity if you have that opportunity through established relationships.
Wilson Linder
Small MF (4-8 units) vs. syndication
27 January 2020 | 18 replies
If you want to do both, go ahead and throw some debt on it and invest in both the current deal (if it checks out after readjusting your numbers) and a syndicated opportunity if you have that opportunity through established relationships.
Jordan Lamarre-Wan
Limits on sophisticated / non-accredited investors syndications?
23 June 2021 | 7 replies
Reg A allows the issuer to advertise, meaning that they could recruit investors from the general public via marketing, and the regulators want to protect unsuspecting investors from unscrupulous operators--so a limit on how much those investors can invest might protect some folks.But the Reg D 506(b) exemption prohibits advertising--meaning that it is generally thought that investors aren't cold leads from a billboard, instead they are people who might have a pre-existing relationship with the sponsor, or is friends with other investors and so on.
Robert Johnson II
Rental Application/Inspection with City
26 January 2020 | 4 replies
Just pay the $65, fix what they ask, and build a good relationship.
Gian Cunanan
Tapping Friends/ Family for funds...pro or against?
27 January 2020 | 7 replies
I think it really depends on the situation, the relationship and the type of people who are getting involved.
Ben Chow
CA ADU question FAQ
2 February 2020 | 11 replies
Maybe developing a good relationship with the city could help you get them to go by the spirit of the law instead of the letter of the law.