Syman Scarpellino
Investing Deposits? Risk/Reward?
Hey BP Community, My rental portfolio is steadily growing (still pretty smalltime), I am up to about $20,000 in tenant deposits. Thus far the money just sits in an account, as its not my "free and clear" money.What do...
Sandy Smith
Hard Money Lending for Flip At More Than Purchase Price?
Hello all.
I have lived in my NYC neighborhood for more than 20 years, so I know this area very well. There is a SS around the corner (literally) from me that is selling for about half its rehabbed value. I ...
Scott N.
I'll fix your leaky toilet for free!
No, I'm not kidding. Actually, I'd rather that you had a leaky faucet or dead ceiling fan or hole in the drywall or whatever, but hey if a toilet problem is what you got, then I'll do it. (You pay for parts; if you ne...
Rob Toste
detailed questions on wholesaling.
Hello all, I am just getting into the wholesaling game, and had some questions that hopefully some will be able to shed a little light on. Preferably someone in California that is more familiar with the laws but all i...
Alethea Sealy
Late fees in Detroit, MI
Hi, I have an argment with an investor friend and need some clarity also to be a just landlord. So, when I started I copied the template of a lease from a property manager. It stated $50 charged if rent received on th...
Moshe Eisenberg
Hard Money or Equity Partner
Hi guys,
I'm in contact on a rehab deal and I'm contemplating if I should go with hard money or rather with an equity partner.
The basics of the deal is
100k purchase price.
25k rehab.
180 ARV.
This should be a...
Ray Rex
Hello from Western Mass
I am relatively new to the real estate investing game with only a few deals under my belt. I have a little experience with rentals (currently living in my 2nd rental, a two family) and about to buy another. I am loo...
Andrew Martherus
What do I have to offer to a partnership?
I’m just getting started in real estate. After I move to AZ I’m going to start saving money to purchase rental properties. I would like to be able to partner with experienced investors and learn how to BRRRR and how t...
Patrick Allen
Maxed out debt to income: now what?
Hi all. I had aspirations to be a bit more present on the forums now that my summer has opened up, but haven't been very good with the follow through of late. As it happens I came up with a question that may be a good...
Garry Burns
Friends & Family Loans Vs Hardmoney and Investors
I have been wondering what's better:Asking friends & family to invest with me or keeping it arms length using professional investors or hardmoney lenders.Obviously, there are the cost differences, but I am concern...