Mike Jennings
owner financing question
hi there,I'm about to get my first property under contract using owner financing by 10% down and all payments going towards principal for 20 years! My question is the previous owner still has the first lien on the hou...
Corey Dutton
Top 3 Reasons a Hard Money Lender Will Turn Down Your Real Estate Deal
I recently did a survey of all of the hard / private money lenders I know in the industry. I also posted the survey on LinkedIn to get answers from the hard/private money lenders I don’t know. The question I asked the...
Chan Le
LP syndication vs buy-it-yourself multi-family IRR
I'm torn between buying a few medium-sized multi family every year or just put my extra $$$ into syndications as Limited Partner. I guess LP in syndication will surely bring lower return than buy-it-myself, but how mu...
Ying Gong
2% rule in Ultimate beginner guide
I am in San Diego area. I don't see how the 2% rule can apply to california. The housing here is very expensive. Even at lower value property area. Say the average house there is about $500k, and the rent average ...
Mark Forest
Define "service dog"
I have a strict no pet policy, but lately prospective tenants have been saying "but my dog is a service animal." Is there a legal definition in my state of Michigan of a service dog? I don't think I can even ask a pr...
Tony G
average returns & agents
My initial meeting with my agent, my partner and I told our agent we want properties that have profit potentials of 30k-40k. This is due to the research i've done on mls/comps/dom etc where I derived at 30k-40k margin...
Craig H.
What's a good cap rate
Sorry, I asked the wrong question. I meant to say What is a good cap rate? How do you determine what CAP rate you should strive for?
Thanks!
Derik S.
Passive Investing or Active Investing: What makes more profit?
My fellow investors, and RE pros, I need your opinion. This would also be a good question for #AskBP. While I would think active investing (you know, wholesaling, flipping, being a landlord) as well as value adding to...
Josh Rich
Putting Money to Work
Hey BP experts, here's a question for the those of you involved in notes (NPN and Performing), apartments, SFR, and multi-family investments.
How would you invest $200-$250k in today's TX, TN, NC, and/or CA r...
Bill Gulley
WHO OR WHAT IS A REAL ESTATE "INVESTOR" ???
What is your definition of a "REAL ESTATE INVESTOR"? I'd like to see how youBP members define yourselves. Who do you think you are? It may sound profound or egotistical it will make a differnce in your outlook as to w...