Henry Le
Should cash-on-cash return be higher than cap rate?
I'm having a hard time figuring out how people generate double-digit cash-on-cash returns with commercial properties. Can someone explain if my math below is correct?Let's say there's a commercial property selling fo...
Alvin Grier
Filing a FOIA to Find Out if Title is Insurable
Has anyone ever filed a FOIA request with a municipality to find out if the title on a property is insurable?I overheard someone at the title company the other day talking about filing a FOIA to find out if a particul...
Bryan Hancock
The Case For A Geometric Mean For Quoting Returns
Return citations were getting thrown around on another thread a few weeks ago so I took the liberty of dusting off some old finance texts where people try to get quite specific about citing returns. The case is made ...
No Name
Researching Properties
What research do you guys do when researching a property you are going to wholesale?
Thanks.
Josh C.
How to move around private money?
If I am just starting out and have a private investor who is willing to loan me the cash needed for a flip, how do I get that money from his hands to closing? Is it customary to ask the partner to write me a check pe...
Joe P.
Best Advice/Practices for Tenant Management
One area that I fear I struggle in is tenant management, or lack thereof. I was burned by my last tenant (and really, my own decisions) because I think I allowed some things to spiral out of control.Rent-wise, no exce...
Ryan Toth
Creative Financing advice for a unique property and business
Hello BP,I have an opportunity for a unique property that doesn't really fit into traditional lending portfolios and I could really use some advice for developing a creative acquisition strategy. Background: In 2011, ...
M Ness
Feedback on First Deal
After a lot of researching, reading, and planning, I'm getting closer to purchasing my first property. The goal is to buy a cashflow rental condo unit. I settled on a condo unit for a few reasons: in my target town, a...
Nemi W.
"Not a short sale BUT 3rd party approval required" Huh?!?
Anybody know what this means? Is this an agent that's reporting WRONG data on the MLS? I spoke with the agent and, basically, she said the bank has to approve of the offer and it should happen within 2 months.
.......
N/A N/A
I've notice something about reo bulk buyers.
Please correct me if I'm wrong. I see many posts in my short time on this forum and alot of them are from people buying REO's in bulk. How do these investors check the condition of 100 million dollars worth of propert...