I am trying to understand how note buying works. I was looking at a non-performing note for sale and the unpaid balance is $79,300. The property value is about $10,000 and the seller wants $2,000 for the note. Is this...
I don't have much fear of the actual negotiating but I'm a bit apprehensive about how much to reveal to my seller, as far as the intentions of what I'm doing. I absolutely want to be ethical in what I'm doing but I ca...
I just called a trustee to find out the outcome of an auction near me, and she told me the auction was cancelled due to bankruptcy.
How would this have worked? I thought the bank would auction the house off anyway. ...
In listening to the podcast I can see that I will eventually be drawn to the commercial side of real estate investing... I have a question regarding Triple Net Leases... What is the benefit to the tenant of the Triple...
Hello folks, due to the downturn in the oil industry and the uncertainty of its future I started thinking about how I can use the connections I have built over the last ten years in the O&G business and convert th...
I recently found an off market SFH that I have under contract. I will be needing private money for the deal which i can secure via family member and they would like to be 50/50 partners. I however, am looking for some...
I've read that it's best to use a local lender if investing out of state, however if I am looking to invest in several different states, is it best to get pre-approval from a nationwide bank so that I can make an offe...
Hello Everyone!
I learned about this website after a mass download of podcasts for an up-and-back drive to WA, my home state. After the first day, the Bigger Pockets show stood out and I downloaded the other eight, ...
Hello, everyone. I am a pretty new to the site although i have read tons of information on here. I was wondering how most people analyze a deal...
I have gathered from reading thru BP that for SFH expenses used for...
I’m a pretty firm believer in performing repairs as soon as they are found in order to prevent more problems. Lately, as I drive around town I have been wondering if I am spending way too much money way too soon on re...