Hi,Looking for some advice. Is it a wise move to enter into a joint venture with someone I don't know?Has anyone done this, and was it successful/unsuccessful? Example:Purchase buy and hold property. Partner provides ...
Hi BP community,Today I received the application for this couple (with 1 kid, 2 small dogs) whose income is above my criteria of 3.5 x rent (rent is $2200/month), both have good credit (husband 799, wife 736), both ha...
Why do we invest in Real Estate? A few quick answers come to mind: (a) we're interested in making a quick buck. (b) we're lazy.(c) we are interested in owning a fiefdom, over which we reign supreme.Lately, I have thou...
Hi all, There's a 125 year old MF property that I have my eye on, but it needs upgrades (roofing, electrical is very old, mechanical is ad hoc, asbestos mitigation, etc.). I'd also like to split a unit and add a unit ...
Hi All,How do you present a deal to an investor with the goal of being compensated for it when it closes via an Acquisition Fee? If I find a deal, but don't have capital to bring in and instead work on underwriting, d...
My wife and I just moved to the Charlotte, North Carolina area. I am originally from here, but have been gone the past 15 years. I was an active duty Air Force officer, then have worked in commercial construction as...
Hi guys,I'd love to get your input and "advice." I'll try to make this as concise as possible.I'm currently a new wholesaler in Northern/Central Jersey. I just started and i'm diving in full force. I also work a full-...
Hi! I've got a question regarding doing quick fixes on damages that would otherwise be a humongous expense, and how tenants should actually be charged for these things. Here is my story:I have a tenant moving out th...
Hi all,I'm going to build a new condo apartment (8units) from crash (all utilities such water-hookup, electric, sewer are available). Usually the owner would need to work with an architecture and a developer for such ...
With so much information regarding WY, NV, LLCs, multi layer LLC structure, charging order protection, anonymity, asset protection, I am realizing that there isn't a fit all package. Its all comes down to each person'...