George Red
Building a team or going solo
Hey all, I'm relatively new to REI (own 3 duplexes at this point) and been hearing opinions on some of the BP podcasts about building a team for your REI ventures and doing JV's and partnerships. Curious if people fin...
Christopher "Bear" DeSanctis
DSCR Ratio - how is NOI estimated
Considering that DSCR = NOI / Debt Service and NOI = Gross income less operating expensesWhen institutions are looking at operating expenses for a new purchase, how are they calculated? For example, if we know the g...
Ben Bradmon Jr
I can’t take depreciation?
I bought a 3/1 SFH for $22k put $6900 in rehab but the county has the land valued at $32,400. So I can’t take depreciation? I understand that it is the purchase price minus land value divided by 27.5 gives me what I c...
Michel Allen
Multifamily and Syndication investing
We are looking to add bigger multifamily properties to our portfolio and we wanted to create a group with about 2-6 investors. I know with syndications you need certain legal documents in place, does this apply to an ...
Ashley Budyak
Wholesaling (Direct mail marketing) for beginners
I am new to real estate investing, still in the beginning stages of finding my first deal (2-4 unit to house hack). I am from the NW suburbs of Chicago (Palatine, Arlington Heights, etc.) and I am considering direct m...
Malik Cole
how can i find vacant property if i dont drive ?
hi i am a new real estate investor and i am having a hard time finding a property and i dont drive any advice
Alex Landowski
200k of parents refinanced cash, what should I do?
I convinced my parents to cash out their equity, I’m 22 with a Realtor license in Chicago, should I buy/ finance for a multiunit, buy a couple rental units, or flip a property? (For my first step in REI) Keep in mind ...
Jonathan Beemer
Where do I start? No credit. Very little cash.
Hello,
I've been doing cash for everything my whole life. So I'm beginning to build credit now. But my first investment by myself will be in 10 months when I'm back in the US from overseas.
Where should I begin? I ...
Raphaela Todd
Taking over loan payments from on a FSBO Deal
I have learned that one method of creative financing is to simply "take over" the loan payments on an FSBO deal. Exactly how would you do this? What specific contract could be used for this situation? Would the s...
Alex Kuntsevych
Advanced - Boots on the ground
Hi Real Estate Gurus,Currently, when the market is hot the importance in local eyes on the field is huge!How i start to look for my "boots on the ground"?After i found somebody - how i interview ? what are criteria/ e...