Scott K.
How to get a contractor to meet their timeliness?
I've had so much trouble getting contractors to just get CLOSE to what their job time line estimates were. Any tricks or ideas to put into a contract to incentivize a realistic time line? Some kind of money incentive?...
Adam Klugh
What do you do when people want to give you money?
So I recently had two really successful deals and now I have friends who want in? The trouble is, I have no idea what the best way is to deploy their money. I've heard that you can get into some big trouble if you don...
Philip Joseph
How to structure an agreement w/an investor
BP,I have folks that have expressed interest in investing in my projects, but I am having trouble figuring out how to structure the agreement since I like to buy and hold. Here’s an example of one the deals.
3/1 for...
Matt B.
how to get the financing when you lack the portfolio
Hi guysI have a great commercial office deal that's got great cash-flow. (1.5mil annual rev /1.1mil NOI)I have the knowledge and know how in real estate. (worked as an agent, member of a REIA, etc)I have good creditBu...
Avery Biles
Cash for downpayment
We have a lender saying we cant use cash as a down payment for a house, and that we would have to distribute the money to family/friends bank accounts then get them to wire the funds to the the lender. I'm not an expe...
Rico Castillo
Contract needed for my money partner
Hello everyone. I have a couple of properties that I'm going to be looking at with a GC this week. I have a couple of money partners who wants to work with me on these fix and flips. I will have the promissory note...
Kevin Chhorr
Lien on my house??
Hi BP memebers,
I have a question about my house. If someone put a lien on it, will I be able to refinance it? If I was able to refinance, will the person that put a lien on it be able to see how much cash ...
Mathew Paul
Can I get a referral fee for sending a lead to a Real Estate Agent in Missouri?
I found a motivated seller that could probably sell her house for what she owes. There is definitely not any room for me to make any money. I found an agent with 10 years experience in her town that has worked with ...
Jonah Simmons
Question about the brrrr method from a Canadian
They make it sound so easy in the podcast. "Get a hard money loan, then just refinance that bitch and cash out! Easy peasy!" Here in Canada you usually can only refinance 80% of the appraised value. So you'd have to b...
Haiden Welch
Minimum amout for starter investment?!?
Hi, My name is Haiden, and I'm looking to purchase my first residential investment property within the year.
I am in University and have my Real Estate License and am planning to work part-time as an Agent once I pa...