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17 February 2015 | 13 replies
REHABS are tricky, I would buy @J Scott books on flipping and estimating costs (see here http://www.biggerpockets.com/store) MHO there is no better investment for Wholesaling Rehabs.You have to prove to the rehabber that you know your stuff as to the repairs needed.The choices are:a. sell for cash retail and discount and pay 10% or so for the costs to sell with an agent (commissions, closing costs, sellers concessions, holding vacancy costs, etc)b. sell to investor (65% ARV less Repairs less other costsLease with option on a rehab is dangerous if it is not a legal rental as is.Another possibility is a JV with the SellerYou as REI offer to get full ARV less reparis less a JV fee, which gets the seller more money.
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12 February 2015 | 3 replies
I guess my concern is storing their PII (personally identifiable information) like SSN and DoB for long periods of time after they've moved.
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12 February 2015 | 1 reply
I am looking to purchase a few more properties in the near future and I'm looking for a go to contractor, handyman, store, etc.
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12 February 2015 | 5 replies
That said, when we examine a property with oil heat, we will budget the cost of converting it to either gas or electric in our offer analysis.Our reasons to move from oil are as follows:1) environmental and health liability of storing large quantities of fuel oil (essentially diesel) on-site.
14 February 2015 | 6 replies
You might have to search the Internet or an office supply store (like Staples) to find a Note that you like better.
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14 February 2015 | 9 replies
If you want an address to use for your business, get a mailbox at the UPS store or Mailboxes Etc.
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21 April 2015 | 12 replies
The larger tenant you would need to see if they disclose sales, their credit rating, if the lease is guaranteed by all stores or just a subsidiary, is there another location more optimal they can move to, are current rent rates in the leases above market, average, below, etc.Lot's and lot's of factors go into it but if you do it everyday they can be mitigated for the most part when buying and planning exits.
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15 February 2015 | 6 replies
Restaurants are very common, almost the only way to sell some mom and pop joints, smaller non-franchised motels, retail stores/business.
16 February 2015 | 5 replies
Do they say that about Bankers, Grocery Store Owners, Doctors (well maybe doctors..bad example) plumbers, etc?
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17 October 2015 | 12 replies
We've released V1 of our BiggerPockets Android app -- basically a web version of the full site on the Google Play store with Keyword Alert push notifications.https://play.google.com/store/apps/details?