Hello, Just met a hard money lender and his terms are 1.67% per month and 4 points. To find out the annual percent I multiply the 1.67 x 12, correct? So if I'm right, that would be 20%??!! Yikes. Thanks, Silvia
Hi BP community, I am looking to invest in REI in USA, looking at different cities.
What is the average Cap rate for single family and multi Family in Oklahoma City? any advice?
Chad Carson, in his Real Estate and Financial Independence podcast episode 41, said that he did a lot of his investing in properties with a price to rent ratio between 5 and 8. I cannot recall if he indicated those we...
hey BP fam,Im in Houston,Tx and im ready to move some funds over. to get the checkbook controlled LLC two people quoted me prices that were so High it would take a big chunk of my first few hard money deals to pay off...
Does anyone have recommendations for a good property management company for the Troy Area? I only find 3 with reviews...all are bad reviews. I called all three just to get info on the market of a property I am looki...
Hello All,My name is Shawn Frost and I am a Realtor from Duluth, MN. I am noticing that there are not a lot of mentions about Duluth so I am here to hopefully change that narrative. Working with investors is a new und...
Hi,What are your thoughts on vinyl tile flooring? I'm thinking of installing in my rental. ThanksTony
My friend is a CRE broker and he tells me that many of his prospective investors are ones that he's never met. In addition, many of them will close on the property without even seeing it. I guess the question is how...
I spent the day yesterday tearing out Sheetrock from my in-laws house because of the floods last week. They also flooded in Harvey 2 years ago. So as I worked away, it gave me plenty of time to think about “what if th...
Hello again fellow BPers!As always, there is a wealth of information on this site, and all the feedback is appreciated.I have just recently become interested in the possibility of pursuing a position in the lending si...