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How to get price down? First deal!
3 March 2010 | 8 replies
Any advice on how to aggresively but properly offer on this property so i can get the best possible price on it?
Account Closed
"revised" bailout helps us right?
28 November 2008 | 13 replies
Where under the proper supervisoin we each should be getting a check every quarter on those gains where we could choose to reinvest or buy that new ipod.I do not condone some sort of violent revolution.
Brendan O'Brien
A nice thing about BiggerPockets
25 November 2008 | 8 replies
Some people argue that we're too strict in how we police the site, I think it ensures the quality of the site.I owe it to all of our members who participate . . . this truly is a wonderful community!
Brandon R
Thoughts please on my strategy...
2 December 2008 | 10 replies
Simply to say that if you can get into a property with 35% equity at purchase, have adequate reserves, you can still benefit from that investment without cash flow (tax deductions, 35% equity, future appreciation, etc)Bottom line: Shoot for cash flow on buy and holds, buy with equity, buy in a market your research has pointed to future appreciation, use the power of leverage properly, manage properly (self or hire) and repeat.The topic was talking about single units and then apartments were mentioned.
No Name
Out Of State Deals
29 December 2008 | 9 replies
The language in your purchase contract is very important, having exit clauses, and properly negotiating the best deal.Make sure you have the knowledge to perform this task first!
Sidney Shannon
Buying real estate at a distance.
5 January 2009 | 24 replies
RE attorney in that stateRE agentTitle/Escrow companyProperty management + at least 1 back-upLenderHome InspectorCPAContractorHandymanInsurance agentAnother investor in the area (possibly), or mentorThis list includes most but possibly not all.The key is having the knowledge and experience to know what questions to ask during your interviews with these potential team members, the ability to properly negotiate contracts, and knowing how to handle or avoid some pitfalls (too many possible to list here)
Owen Dashner
Paying it Forward
27 December 2008 | 15 replies
It releases money's grip on you and allows you to put it in it's proper place.
Paul Chen
Possible eviction with ill patient…
29 August 2015 | 25 replies
Hopefully we can find a middle ground, and to ensure I’m not putting myself at risk by letting her brother and his wife stay for 3 months provided they’ll pay the rent on the 12th and this IS going to be the only late pay that’s off so many days.Paul
Leonard Ng
Starting LLC with others, Help!
23 January 2009 | 7 replies
YOur best advice on how to structure this is from your attorney, not from the opinions of others on an open forum, myself included.Good luck to you.By the way, grouping funds from a few individuals to create a larger purchasing power is a great startegy when used legally and properly, such as with an LLC and O agreement.
Larry T.
what you have learned to include in your lease
31 May 2020 | 19 replies
The safe and clean inspections are intended as a mechinism for you to routinely (90 to 120 days) to inspect to ensure there are no issues with the tenant or with things you need to fix.