May Baten
What the heck is option money?
It’s our first time buying a multi family property. It’s a small 6-unit apartment building. Our agent is asking for option money, but is unable to clearly explain what the heck it is. We’ve purchased single family ...
Lorenz Cornelis
Key investment ratios and their relationship to one another
Hi All!
I am currently setting up my investment dashboard to track my portfolio's performance (buy-and-hold) but am also looking into better understanding the underlying dynamics between the various return metrics. M...
Michael Mulroy
Strategy for Property #3
I am looking for advice on adding my next property. I currently have two condos with the following financials:Unit 1: cash flows positive $235/mo, with about 10 years left on the loan ($23k remaining at 3.84%)Unit 2: ...
Sharmeka White
doing lease options and options fees and working with agents remotely
hi i am investing in lease options and I am running into situations where the seller wants the option payment making it hard for me to profit, I dont mind working with them but how can I profit. OR do you simply n...
Ryan Faber
Putting together a business plan
Has anyone ever had to put together a business plan for a potential investor and partner? I am not exactly sure what to include in my plan other than Goals, Mission statement, a strategy and specific outline. I am a y...
Tom Miller
Short term seller financing of land - THANK YOU!
We have vacant land under contract to a buyer for $149,900. There are no realtors in the transaction. We own this land free and clear. The buyer just learned the bank won't loan her the money until a well is installed...
Marc S.
Fundraise website usage??
Afternoon everyone!I have become a pretty consistent BP Podcast listener. As such, I have noticed a slight increase of when they play their promotions or sponsor clips, that a website called Fundrise has been promotin...
Justin Nahas
House Flip Profit Estimation
Hello,I hope everyone is well. I am a newbie investor, and I am trying to setup my spreadsheet to calculate my profit estimation on house flips. I will be using a hard money lender to partially finance the purchase of...
Juan Bustos
probate
what steps do I take to get a house under contract while still on probate
Scott Jeannerett
First deal-10 units-three duplexes and a 4-plex
Hello BP!!I am currently working on my first deal and I'd LOVE to hear some feedback. It's 10 units, three duplexes and one quad with a total income of $6k/mo. The purchase price is $410k, taxes and ins. will be app...