Nuhan Demirkan
What to do with this deal? Is it a deal?
8 July 2013 | 1 reply
Lease Purchase - .88 of market rent, option at .95 of average comps from sellerTo New Tenant Buyer, market rent, 20% rent credit 1st year only, 3% down option.Marketing Tenant BuyerDo an Open House, lots of signs, Thurs night 5 - 8 pm, market rent and rent credit will draw them in.Form TBer - Use http://www.biggerpockets.com/files/user/REISkills/file/tenant-buyer-eval-formHope this helps.Brian
Will Bradford
How to expand with one paid for rental.
10 July 2013 | 5 replies
Different lenders will vary, but 70-75% LTV is about average from what I've seen.
Daniel Bowden
Young Newbie from Philadelphia area seeking all of your wisdom
10 July 2013 | 12 replies
I'd want to know the condition, the average rent they are getting, and most importantly- the expenses for the property. 3.)
Mike T.
Please help with ARV!
9 July 2013 | 1 reply
I am not sure what you question is regarding 70% off.Subject property in average condition seems to be pretty inferior to Sale 2.
Jeff Barnes
New SEC JOBS Act rulings
31 July 2013 | 27 replies
What cottage industries will form to pre-qualify accredited investors for promoters?
Jimmy Hong
What is considered standard partnership deal?
28 July 2013 | 16 replies
What type of equity (profit sharing) partnership is considered normal standard in our industry?
David Thomas
Real Estate Books
21 November 2013 | 2 replies
I highly recommend:"How I Turned $1,000 into Five Million in Real Estate" by William Nickerson"Landlording" by Leigh Robinson (it is the best selling LL book of all time)"Buy and Hold Forever" by David Schumacher and Steve DexterI recently read Rich Weese's book and liked it a lot.The Flip book was average at best.
Oscar Campos
Investing out of state
9 November 2013 | 27 replies
At best this property would break-even.San Fransisco has an (overall) average rent-to-value ratio of about 0.4% -- far below what an investor can get in other markets with stronger economics and lower purchase prices.I think eventually you'd find a piece of property with a positive cash-flow, but the length of time you'd have to spend to sift through enough properties to find that "diamond in the rough" would make the effort questionable.Additionally, the very high land cost under those properties carries a high level of exposure and risk for any investor since the first thing to drop when the housing market turns and cycles down are land values.I hope to meet you one of these days Ben. :-)Continued success!
DArren Ham
securing a deal
25 July 2013 | 14 replies
Up your volume.4000 Mailers will net me one deal on average.
Justin Morris
Startup Business Loan
25 July 2019 | 8 replies
If you can't carry the water, consider a partner who is familiar with your industry and make sure you can buy them out in the future.