Lawrence L.
How Would you analyze a property with no financials
I was given a listing by a broker for a 5 unit building in a c+ b- neighborhood. Not far from the subway, you can walk to everything. The broker said they are asking 850-900,000. The taxes which I found on county web ...
Charles D. Smith
Good Practice to Recordkeep
It is important for a landlord to keep organized and concise records of all income and expenses related to their rental properties. Good records will help the landlord monitor the progress of their rental property, pr...
Mindy Jensen
Duplex, Triplex and Fourplex Webinar w. Brandon Turner TONIGHT!
You all know Brandon Turner, co-host of the BiggerPockets Podcast. Did you know he also hosts FREE weekly Webinars? Even better, this week's Webinar is about Using Duplex, Triplex and Fourplex Investing to Find Financ...
Jonathan Harms
Shady transaction on a REO?
Hi all,
Hoping to get the opinions of the smart folks in this community.
I bought an REO from one of the big banks.
Step 1 was to sign an addendum they required services via their asset administration division.
Ne...
Account Closed
syndicated deals - who secures the loan?
Let's say one syndicates a deal to purchase a $30m apartment building with 25% down;Who is going to secure the loan? Obviously, the sponsor isn't going to carry a $30m debt himself and be the only guarantor Theoricall...
Yichu Zhou
Financial arrangement for Real Estate investing
Hi, everyone,I am new to real estate investing and plan to start investing this year. I have been reading many books (and posts in this forum) and trying to build a system for investing. Before posting my questions, ...
Mark Andrews
How to calculate Capital Contributions to an LLC?
Hi all,How would you record the "Capital Contributions" to an LLC in the ledger section for the following scenarios: Scenario 1: Let's say the equity in the property is $60K and mortgage is $140K before the transfer. ...
Joel Ray Cotton
Deed of Trust owned by bankrupt company?
I am purchasing a property in St. Louis that has a Deed of Trust being held by TransAmerica Financial Services, A California Corporation. That company is bankrupt, and that deed doesnt expire until 2031. What are my o...
Christine Garnier
Recording Quitclaim Deed Tax Assessor Alabama
I am running into an issue and I can't find the answer to my question. I bought several land lots in Jefferson County from a reseller in Alabama and he sent me a copy the Quitclaim Deeds for each property, by email. H...
Dyrol Harding
Locate a note holder
I am trying to locate the note holder for the first mortgage of a property being serviced by Caliber Home Loan, formerly Vericrest Financial. The property is located in Brooklyn NY. Can anyone offer help on this? T...