Don Konipol
Another Jimmy Napier High Yield Note Creation Technique
19 June 2024 | 7 replies
Prepayment penalties can be used to insure against an early payoff.The times I’ve used this technique to create high yielding note I enhanced the return by being able to sell the property above the price I paid.
Catherine Ding
Delayed financing - all cash offer then refi immediately?
20 June 2024 | 30 replies
Hey Catherine,We classify it as a 'Delayed Purchase' and set it at 80% of purchase price.
Tj M.
Flooded storage area who’s responsible for the stuff?
20 June 2024 | 2 replies
The tenant should have renter's insurance for this exact reason.
Greg Cobb
Rentals 2 Retirement - turn key properties.
19 June 2024 | 13 replies
If they can't or won't meet that test (for any alleged reason), then no point in doing business.
Julie Muse
Church Street Flip: Profitable Baltimore Success with Brittney Sciandra!
20 June 2024 | 0 replies
Purchase price: $190,000 Cash invested: $60,000 Sale price: $355,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Brittney Sciandra, successfully completed a fix-and-flip on Church St, Baltimore, MD 21225.
Spencer Herrick
Tenant in Jail: neighbors seeing tenant using drugs in garage
21 June 2024 | 11 replies
Its easier if you can just nonrenew them because you don't have to justify any reasoning for that.
Varun Sharma
Finding good deals out of state with good CoC
20 June 2024 | 7 replies
The monthly rent to purchase price is typically 0.8 percent.As a first step, I was only looking to be able to find better deals which have a nicer rent to price ratio [once the deal is done, a PM company can pick up from there].
Andrew Jennings Freerks
Helping fellow BPers get started in investing
21 June 2024 | 1 reply
Purchase price: $160,000 Cash invested: $35,000 A Bigger Pocket member I met at a local networking event had never invested, but really wanted to.
Ryan Cleary
Tenants electricity shut off
20 June 2024 | 1 reply
Keeping the power on is important for many reasons, but especially in the Summer to keep the house air conditioned.
Wesley Sherow
Boutique Hotel Conversion in Albany, NY
20 June 2024 | 4 replies
Purchase price: $635,000 Cash invested: $200,000 Built in 1880 as a single-family address, this rare three-story grand brownstone designed by Ogden and Wright was purchased by myself and investors for conversion to a boutique hotel.