In addition to an irresponsible Draconian Rent Control measure, California will also be voting on an equally irresponsible Confiscatory Property Tax increase in November.Props 21 and 15 respectively, will combine to t...
I know people frequently structure deals with disproportionate distributions to the sponsor to reward them for their performance. Every waterfall model I've ever done has used IRR targets as hurdle rates. This is grea...
Hi All,This is my first post to BP! I have lurked in the background of the forums for long enough and am finally ready to jump out and immerse myself in learning. Situation: I recently purchased a single family town ...
I'm curious to hear why some of our successful investors haven't yet transitioned into commercial real estate?
If you haven't yet done a commercial deal, why not?
I graduate from college on May 2nd this year with a degree in finance from Michigan Tech. 3 weeks later I started my first job as a program manager for an engineering company in the maritime industry. 3 weeks after th...
Hello BP! I am one step closer to officially being an investor. I have been presented with a promissory note secured by real estate by a borrower, but I am very nervous about how to proceed with the drafted note provi...
Over the last several months I've spent a significant amount of time reading books, BP forums and almost anything I could get my hands on, to prep myself for my Real Estate journey.
I've finally lined up a ha...
I have been devouring all real estate information for about a year. I’ve been scouring marketplace, Zillow, auctions, and have been driving around. I finally found a great deal that will cash flow and give me everythi...
My wife and I purchased a single family 3BR 2 bath home for 75,000 in the Midwest at 4.75%. We can pay it off in 2 yrs or rent out @850month. Why not pay it off? I get that we have more dumped in but to pay it off in...
I'm having a difficult time getting 1st lienholder to provide details (payoff) to us as we are 2nd lienholder. They don't know but we're about to foreclose. I know we are entitled to info but what should I provide &a...