Hello BP,Curious about something. Most of us have heard about the 50% rule, or saving a % of gross rents for things like repairs, capex, PM, vacancies, etc. At what point do you determine you have enough cash saved up...
I've recently started venturing into "Lonnie Deal" territory and was hoping to get a little advice from some of those that are a little more experienced in this area.
I have placed an ad on Craig's List, advertising...
In every Syndicated deal I have been involved in, the lender requires the equity partners to be vetted, and be a signer on the loan, if their overall ownership is above 20-25%.
1. I would like to hear a len...
What's the average amount of return mail you get as a wholesaler that does direct mail? I'm looking into using a virtual mail box and seeing they'll 80-100 pieces of mail then it becomes .35 cents per piece. I'd love ...
Has anyone ever been apart of this program called Partner Driven Real Estate? If so, what was/is your experience with them? Thanks for any and all thoughts
So if my firm hired someone to raise equity for us, and of course they wanted compensation based mainly on how much equity they could raise us, what would you think is fair breakdown (yes this is legal, I've consulted...
I recently bought a duplex in PCB, FL and will be getting it ready for a STR starting tomorrow. I have the basic accommodations/items down that's needed for my guest but I was curious about any one off, unique items t...
How does one find the bank prior to an REO public listing?
Depending on how and where you invest, IRA and where your life insurance etc invests, you may be part owner in these REO properties.
I have been trying to e...
Hello I am 18 years old and I have no funds or credit to start in Real Estate yet, but I want to put in sweat equity in a deal, while a partner provides the funds. How can I find a partner who would be willing pounce ...
I wanted to give a major shout out and a solid thank you to Brian J Allen. I met him on a BP forum. He provided great knowledge on the forum and offered a tour of Worcester if I'd like one. I took him on his word and ...