Kevin Young
SFH Rental - 30 year vs 15 year
I'm trying to decide on a 30 year loan vs a 15 year loan. Purchase price for the home is $150,000. Rent is going to be $1450 a month. The big difference is the rate. Does anyone have any thoughts on this?
30 year
25...
Wes Phelps
New Business Venture...where do we start?
Morning all, my name is Wes, I have been in Finance and Financial Services for about 10 years and have decided to branch out and explore what else is out there. That being said, I've been an avid BP podcast listener f...
Account Closed
Mixed Opinions on Asbestos.. What is yours?
Hello all!
I purchased my first flip house on Monday and as a new real estate investor, I would like to get some experienced rehabber's opinions on the threat of asbestos. I searched BP for asbestos-related forums b...
Marcel Itzik
Tenant braking a lease? Brooklyn NYC
Hi I have 10 units and its the first time I have to deal with problematic renters:
here is the details.
its a couple with a child, They did not sign a lease on purpose when I sent it in September but they started to...
Peter Walther
Title Insurance: Automated underwriting
I've previously mentioned that several title insurance companies are trying to move to automated underwriting. Based on my experience I don't know how you write a program that as stated in the article, identify(ies) ...
Michael Le
Syndication with foreign nationals
I potentially have access to a network of affluent, high net worth people in China. Does the SEC Rule 506 Regulation D have any special rules relating foreign national investors? I've heard on the Old Capital Lending ...
Annunciata R.
Partners opening a Juice bar with no Know How
Hi BP,
This is tough one: Yesterday I had an Electrician - General Contractor go out to my commercial building which he wanted to lease from me. He told me the business was really for him and a partner. Hi...
Barrett E.
Becoming a commercial agent
Hello, this is my first post, i've come across an opportunity to be a commercial real estate agent and want to field opinions.
I am a recent college grad, with a good job at a local bank. I am taking real estate lice...
Kel S
Do you do lease/options? Thoughts on those?
How many of you have offered your properties on lease w/option to buy? What were the terms of that? Meaning did you charge X amount down up front and a lease term of X amount of time? After which point their down woul...
Johnny Wehmann
Seller Financing structure
Before I start paying my attorney, I would like to hear suggestions from BP members. I'm working with an owner open to seller financing with a 3-year balloon. The details are as follows:Purchase price $385,000. It ...