Ben Startz
Contract Question... How to Detail Terms...
My first post as an BP Member... let's see how this goes!
Finalizing an agreement on an owner carry deal on an 8-plex with 50% down... and the rest of the remaining balance financed over 36 months at 0% (yep....
Kyle D.
Question on digging into the details
I am looking at an apartment and I noticed on the P&L the owner is including the mortgage interest as an expense reducing his NOI. I thought that should come after NOI. Is this a win for me?
Francis Dai
Questions on Subject to Financing Details
Some questions for people who've done deals subject to existing financing.
1. Is there any paperwork involved in taking over the owner's payments? Do you just send in payments with their account # ?
2. I heard that...
Femi Ajayi
What zipcodes in East coast are best for multifamily
Hello family,
What zipcodes in East coast are best for multifamily in this current climate...in terms of occupancy rates, cash flow, appreciation? What areas are working out for you today? What areas seem like they a...
Tony L.
Real Estate Syndication Question - Investor details/forms
I know a syndication lawyer will prepare most of these documents regarding our investors, but I wanted to get an understanding beforehand what will be needed from my investor base when they start to invest in my MF de...
Jose Barquin
Foreclosure details and question from a noobie
I am in Pinellas/Pasco (Florida) looking at these counties and surrounding area to make foreclosure purchases (my first).I am curious as what additional expenses I would owe once I win a property in auction. When desc...
Sean Coonce
Private Lending: Question About Promissory Note Details
ContextFirst time investing with a PDX flipper (great at what he does) and happens to be a good friend. He is raising private capital and the deal seems bulletproof, but would love feedback to better understand if I'm...
Michael Battaglia
Where to start as a Landlord?
Hi Everyone. I'm new to bigger pockets and new to the world of landlording. I'm a little stumped on where to begin as I have 0 experience in this area but am a homeowner so I guess that's a start. I'll quickly expl...
Karin Baron
Financial liability in wholesale real estate transactions
Who is financially liable in a wholesale transaction? The entity that provides the POF or the wholesale flipper?
Thanks.
John P.
Property insurance hassles - your experiences?
Trying to keep our insurance with USAA as we have been with them for 30 years. Trying to keep everything with the one company as then our umbrella policy is in force. However, they are being extremely difficult to d...