Mark Lynch
Banks views on private money
I was talking to mortgage company loan officer and I mentioned that I would be getting a private money loan from a friend for an investment property I’m looking to buy. She said that the bank will generally frown upo...
William Coet
Is My Simple ROI Math Correct? Cash Vs. Financing
Hello,I would appreciate any insight on this subject. My math shows the ROI being the same for a cash purchase vs.a financed purchase. Is this correct? My examples here show the return is the same for both scenario...
Shai Knight-Winnig
Investor Down Payments and Rates for Multiple Mortgages
I've been browsing for a while to try to figure out what are typical down payment and interest rates for loans as you increase the number of loans in your portfolio and I still can't get a good grasp on it. These lim...
Jacob Edmond
All Columbia, SC BP members
We have our own forum category now. Who all is in the area and what types of investing are you into? I have 1 rental property in Summerville and just bought a home in Seven Oaks that I am currently renovating. I plan ...
Scott Passman
Analyzing and tracking decisions long term- do you?
I keep an excel spreadsheet detailing all of my investment decisions, RE and non-RE, as a tool for me to use long-term to update and analyze my decision making skills. The way I have it outlined is very simple using ...
Franklin M.
Equity Partners vs Pooling Investors Under Reg D
I was at a real estate seminar and a CPA said “talk with your attorney about difference between equity partners which are not regulated under SEC REG D rules, vs. pooling investor funds to raise funds, an activity whi...
Grant Woodward
Post cleaning pictures?
Do you get pictures from your cleaners after every stay? I currently pay a premium price for my turnovers for a local cleaning company that specializes in STRs. They are there on time reliably, do a good job managing ...
Avrohom New
Are there any legal issues with direct mail marketing?
Hello fellow Investors,I recently got a call back from a direct marketing campaign. The person on the other end exclaimed that it was illegal to send mail with an offer to buy an unlisted property! I have never heard ...
Account Closed
To LLC or not to LLC
After listening to the podcast with Ken McElroy, I bought Ken's book, The ABC's of Real Estate Investing, and it's phenomenal!
I have a quick question though. There is one section where he poses a hypothetical dialog...
Christian Bors
Declining a tenant's application
I have a prospective tenant that filled out our application. Originally, her fiancée and her 3 kids were going to move in. I told them our process and standards we require for our rental units. First, they must fil...