Ben Bakhshi
Selling equity shares of cashflow investment properties.
I am trying to raise funds and was suggested to offer equity in my properties at a 10 cap rate. So, if a property makes $8,000 NOI a year, at a 10 CAP its worth $80,000. Let's say I paid $50,000 or the property 3 mont...
Jeff Helm
Land Contract - Minimize Risk for Due on Sales Clause?
Hi BG folks, I was hoping you could help me out with this situation.I have a seller who would like to sell me his house on LC, with $9K down payment. We both want to do this so that in 6 months I can cash-out refinan...
Lee Mankin
Lease Option or "Subject to" Property
Hello,
I have a potential deal where the owner is open to a lease option or allowing me to purchase the property subject to the existing financing. We are both concerned about triggering the due on sale clau...
Matt Leonard
Seller provided dishonest repair estimates
I'm wondering if anyone has guidance on my rights here (I'm determining if it's worth approaching a lawyer or not).I'm nearing close of escrow on a property. Two issues came up that make me feel the seller has not ope...
Dilshad Randhawa
Help Please
Hello All,
My name is Dilshad and I live in Virginia, USA. By profession, I am a software engineer and my goal is to become a "private lender". I've heard that you don't really need any lice...
Burt L.
Are You Concerned About Being "In-Title" With a Double-Closing vs. Doing an Assignment?
I have a transaction that is on the borderline - has a gross margin of 12K less a 2k marketing fee for finding the buyer, less 1.1k as tenants security deposit is not credited to me, and my side of closing costs. Thus...
Vince Futia
Electronic Payments for Rent ....Pro's / Con's
Hello BP Community;I'm ready to go on "live" with my first property, my niche' is student housing. I was wondering if anyone has electronic payments set up with their tenants. I was looking for a system which I could ...
Zenish Mahaseth
Bought vacant land in Michigan Hesperia , having a rough time selling it
Back in 2021 I bought vacant land from seller that promised me that cannabis permits could be transferred to me and sold it to me for 136.5k , however later on city council said cannabis permits can not be transferre...
Rick Howell
Change Your Routine Change your Business!!!
By our nature, we are creatures of habit. We tend to drive the same route to work every day, eat at the same restaurants, spend time with the same people. While there’s nothing inherently wrong with this, there is som...
Tom Broughton
Hello from Houston Texas
Hi:
Great site! I have been lurking for a while and have already learned a lot.
And thanks to the many veterans who willingly share their expertise with us newbies. Hopefully one day I can return the favor.
My Busi...