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What do you use in your contracts as out clauses?
Have you ever had to use them, and if so did it get messy, or go easy?
Also, I hear about those who use an inspection clause as an out? Couldn't your end buyer use t...
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I have been with BP for a couple months now. I am a new investor with several years of education under my belt, but in the process of building my team, laying the foundation, preparing for my first deal, etc. I have...
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Hey everyone! The last year I’ve spent learning as much as I can about real estate and plan on getting my first rental within a year from now. I will have over $30,000 saved up by then but trying figure out what’s the...
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Hi BP Community!We are getting set to close our biggest CRE investment here in about two weeks and since it is a hybrid of creative financing and an SBA 504 loan, we wanted to share some lessons learned since we have ...
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My aunt is interested in coming alongside us as a capital investor on a deal. We’ll be paying cash for a trashed triplex, gutting & rehabbing it, putting renters in two units, and letting our 19 year old son buy i...
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If I want to wholesale, would I build a buyer’s list before finding deals or vice versa?
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Hi BPers,
I am a newbie at REI. I understand wholesaling and there are things I am curious about. I always hear about ARV and repair costs and the 70% formula. I have to say, I do not want to play the guessing game...
Hello Everyone! I found BiggerPocket only a few months ago, and I think you have a really great community here and I wanted to be part of it. I'm only a wannabe investor yet, but I work hard on educating myself, an...
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There are some Syndicators who have been on the sidelines for sometime waiting for a 'Correction' or at least relief on current Cap rates. Of course within any investment thesis there must be many 'assumptions' made a...
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So I started a reasonable sized mailing campaign for my first attempt and have been receiving a decent amount of contacts. While I have enjoyed the conversations with these homeowners, I am starting to see a trend th...