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Hello, I had a question regarding Private Lending/Hard Money. I have spoken with a couple of local lenders and what I keep hearing is 20-25% down. I have 3 SFH and have performed a flip, so I have a better idea of wha...
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Hi All, State of IL. My tenant has been sent a 10 day notice to cure the issues. The 10 days are up on Friday Feb 24 2017. The 10 day notice was for the following breaches of the lease agreement: 1. Not paying 50% of ...
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Hi BP,Myself and two partners are looking into getting a commercial loan to buy a 6 unit building. We've spoke w/a few different local commercial loan officers, who all say that they require each partner to qualify fo...
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Hi BP,I am struggling with the process of drafting a promissory note. Do I have to have an attorney do this? I have a few examples of notes that co-workers have sent me but it has all of their information on it. An...
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Hi everyone,
I'm in the process of hiring a property management company for the first time. In their contract they require that I add them as additionally insured on my Insurance policy. Is this pretty standard pra...
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I'm closing on my second SFH this month in west Michigan (Grand Rapids). I'm looking long term and decided to set up an LLC (2 actually, but long story). Now that the LLCs are set up I want to transfer the mortgage an...
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Hi All,
I wonder, how much anyone on the blog pay for a high net worth individuals. Also what is the rate of success? I have a company selling me access to their database of high net worth individuals for $1000 quart...
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Hey everyone. Quick question for the realtors out there. I spoke to a woman years ago who was in the process of flipping a house and had other investments. She had her license and said that she worked with a brokerage...
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I've been looking into listing of multi-family properties on the market, I'm confused, Some properties that show pictures/description saying that they have been divided and are selling as multi-unit properties are lis...
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Hi All,
First off, thank you for all your help. I'm a new wholesaler. I'm on the verge of starting a major Direct Mail Post card Campaign.
Here are the groups I'm targeting:
- NOD
- Absen...