Mariah Pierce
Renovation Contract Obligations
When renovating with a 203K loan, are contractors obligated to get the allotted amount for line items? We had a line item that was completed for a third of the amount estimated but he is saying he should get all that ...
Shamar Gregg
My first BRRRR - 60K purchase, 230K ARV
Investment Info:
Single-family residence buy & hold investment in Chicago.
Purchase price: $60,000
Purchase this property for my first BRRRR. I've done a few multifamily deals before but I bought th...
John Hausauer
Manufactured Home Financing
I have a 1994 manufactured home available to be purchased for 70k. Currently this home is being rented by long term tenants for 750. They have expressed that they do not want to leave and would happily pay 800/month.O...
Justin Goodin
👋16 CRE Terms You Need to Know
16 terms you need to know in commercial real estate:
1. Internal Rate of Return (IRR): A metric used to estimate the annualized return on an investment based on the timing and magnitude of cash flows.
2. Cash-on-Ca...
NA NA
Who's decison is it?
Hey BP family if the person who the property was left to in the will different then the fiduciary of the will which one gets to decide what to do with the property thanks.
Stephen S.
Improve all the forums
A great improvement to the forums portion of the BP site would be an edit-button for the forum postings. Make it a timed function - say; 15 minute post-posting.
Two things:
1. Often something is apparent ...
Robert M.
What to do with 100k cash?
I'm having a tough time finding returns on our money and have thought about the funds in a money market with Charles Schwab. A little research discovered a Money market with Schwab(SWVXX) that pays 2.05%. I need the m...
Brooke Taylor
Is it really impossible for Los Angeles native to buy a house?
I was born and raised in LA and it has been truly disheartening to see that I will probably never be able to afford any property here unless I want to risk getting shot in the middle of the night. It's not even really...
Jeff Soloway
Cloud on Title - HELP! - Quite Title Action
I recently put together a wholesale deal. Yesterday, five days before the closing, the title company contacted me and said that there is an issue with the chain of title. Here's the story:In 1965 person A sold the pro...
Nzinga Hart
Business Plan
Hi! To those who have purchased their early properties. Did you start with a written business plan or dive right into purchasing a property?
I am the cautious person in my relationship, and that I want to w...