Benjamin Giles
3-2-1 Buydown vs. price reduction calculator
10 May 2024 | 0 replies
Does anyone have, or is anyone aware of a calculator with inputs to show me whether a seller paid 3-2-1 rate buy down vs price reduction is best, where I have ability to input for how many years.
Jonathan Snider
STRs in Multiple States
9 May 2024 | 13 replies
The only downside that I am experiencing is that the PM I have takes 30% off the top, so having different houses in different markets means lots of fees eating into my profit.
David Macias
Local or Remote Real Estate or similar DOD military Skillbridge program
10 May 2024 | 4 replies
Fathom does have a mentor program for beginners coming to Fathom, is based on servant leadership, offers 100% commission less a transaction and an annual fee and more.
Sung H Kim
Mentorship program for $40k
9 May 2024 | 65 replies
Find a deal, flip the contract, earn a fee.
Jean Pierre Jabo
Investment Advice (House Poor or good investment?)
10 May 2024 | 5 replies
However since the purchase is high, mortgage on a 7.12% interest rate for 30yr rate plus HO insurance etc is about $4300 a month. should I follow that 25% rule or not.
Carlos Ptriawan
Biggerpockets and AI
10 May 2024 | 7 replies
Here are the key points:Reasons to participate in the capital call:It may allow the property time to stabilize and potentially sell within 24 months at a better price, avoiding a significant loss of LP-invested equity if forced to sell now in an inopportune market1.The additional capital can cover costs like rate caps and allow renovations to resume, which could help increase revenue and better position the property1.The operating agreement likely outlines the terms of the capital call that LPs agreed to2.Reasons to be cautious about participating:Capital calls can indicate the investment is not as sound as originally thought and is potentially at risk2.There is uncertainty around whether the additional capital will be enough to turn things around, especially if interest rates remain high and the market stays challenging for longer than expected4.LPs need to carefully consider if they would invest in the deal now based on the current facts, rather than just trying to avoid a loss on their initial investment4.Other important points:LPs should review the operating agreement, seek professional advice from their attorney, and ask the general partners detailed questions about the capital call2.If an LP is unable to contribute to a mandatory capital call, they may be considered in default and only entitled to the return of their remaining capital account balance, with no further distributions5.In summary, whether an LP should participate in a capital call depends on their individual assessment of the risks versus potential upside after carefully reviewing the deal specifics and getting advice from professionals.
Edward Park
Transferring a property from LLC to LLC
10 May 2024 | 1 reply
are we subjected to any other fees?
Jaquon Miller
Gap Funding - Just Starting
10 May 2024 | 10 replies
Should I do this as individual vs entity and what are market rate terms?
Jesse S.
Las Vegas Market Thoughts
9 May 2024 | 2 replies
There are a lot of good deals on 2-4 units right now but one thing I would avoid is the few townhomes and Condos that have high HOA fees.