Jim Benson
Lease Option Initial and Ongoing Structure
We are working to setup our first couple lease option properties and see how we like this strategy - on paper, it looks much better than traditional rental properties/tenants. Anyhow, for those experienced in lease o...
Mary M.
What is a good return /Income from a given investment?
Are there any published or known numbers for what constitutes a "good" return on an investment? I have not seen this info anywhere. I have bewen studying IRR=Internal Rate of Return, and MIRR = Modified Rate of Ret...
Dennis Hill
Tenant Request to Move in Son's Family
Good morning BP Family,I have leased my property to a couple who has now asked "how much would it cost us to move our son, his wife and their child in with us"? I currently rent the property for $2,400/mo. The prope...
Ryan Auger
How should I structure my new ownership entity w/ my investors?
Hey all,
I'm looking for some personal advice on how to structure a my deals. I already have the terms agreed upon with my investors, the next question is how I should structure it. My two deals are $1.1 and $1.2M ri...
Account Closed
Help: Acquisition Slump
I’ve been flipping/developing for 6 years in the Minneapolis area. However, I’m currently in the midst of the biggest acquisition slump of my career. I’ve always been diligent with my mailings, but in this (unsustai...
Patricia Mclean
Attorney will only do part of the transaction
Hi BP I live in Georgia and I am in the middle of deal I put under contract subject to with the seller who is in then process of a loan modification and I am selling it with a lease option with the buyer that I have u...
Bryan Hartlen
Property sold subject to (through a title company)??
Wondering if this is common and what we should be wary of as the note holder...
- We originated a note on a property (in Brazil, IN; Clay County in case that matters). We went through a local title company for the c...
Wesley Sherow
Need Feedback: Short Term Rental Underwriting Tool
Bigger Pockets Community,I've been working on an underwriting tool to pick and choose Short Term Rental investments that are most likely to cash flow highly, and generate returns. Also, to verify that an investment is...
Spencer Hilligoss
LLC transfer approval from a large conventional lender (PART 2)
This is a followup to PART 1, posted last month: "Avoiding Due on Sale clause with a conventional lender. A saga."---This is a "learn from my mistakes" example for other new investors. If you intend to borrow from a b...
Christopher Winkler
When Is A Re-Performing Note A Performing Note?
We are marketing some Re-Performing 2nd lien notes for one of our funds we buy from, and I consider any time a note defaults and starts paying as a Re-performing note. They have 18 months of "seasoning" and they say i...