I'm in the final stages of selecting a Property Manager and they have several "Performance Guarantee" that they sent me in a pamphlet (things like "We only get paid when a tenant pays", "If the tenant we place in the ...
I'm curious if anyone on here was investing in notes in the late 70's, early 80's when the fed rate went from 5% up to 20% in the matter of a few years and how that impacted the note business. Even though the markets...
I posed this question on a recent forum post and got this response:To address your question we have to pause on the idea that you implied of "perfectly good". Is perfectly good the simple notion of payment history? ...
As I understand it, ROI = (Cashflow per Month * 12) / (Total Equity)
I'm having trouble understanding why principal doesn't count towards monthly income in this equation. For example:
I buy a rental for $100,000 wi...
Hi there BP friends. Been reading Brandon Turner's "Rental Property Investing" book and I got stuck on one of his examples. In chapter 5 he lists 4 example plans on how to use REI to build wealth. I'm confused about h...
I know nothing about notes. I have the opportunity to buy a non-performing note at a discount. The note was in a pool sold by a portfolio lender to a "loan workout" group at a substantial discount. I know the property...
I am excited to be a part of bigger pockets and want to introduce me and my firm.
see bio below:
Rick is a real estate developer and investor in larger r...
Earlier this year I purchased a property from someone who wanted to get rid of it fairly cheap. It is not in the greatest shape, but he got me in touch with someone that had been asking him about renting it. After I p...
I had found an okay deal for a duplex, and given the market and how tough it had been to find extraordinary deals, I decided to pursue it. I found a direct mortgage lender here on these forums, and we went through the...
I am in the Los Angeles market and buy/rehab/sell many properties on an annual basis. Lately I have been selling some as fixer opportunities without doing any work on them. The problem that I have encountered recently...