Kenny Smith
send holidays gifts to all your clients?
hey all!The past 2 years, I've sent out holiday gifts to all my clients. As my business grows, I'm finding that those gifts can start to add up really quickly and get expensive real fast. I'm curious what everyones ...
Jordan Ruby
Should a rental property be the 1st property you own?
I have a wife, two kids and no home. I’m a Canadian who plays semi pro hockey In the US from October to April-ish. When we are in Canada, we stay at my parents Cottage, rent free, as I work a normal job. When the end ...
Damien Cox
Real Estate Agent/Wholesaling
Is it appropriate for a Real Estate Agent to wholesale an "as is" property that is not marketable on the retail market (due to poor condition, deferred maintenance)? And if so, does there need to be a discussion with...
James McCarthy
Points changing during rate lock period?
I'm in the process of doing a refi and have my rate locked. Every time I get a revised estimate statement during the underwriting process, the points have changed. They were initially 1.5%, a week later .5% and now .9...
Jordan Meyer
How to divide the ownership in a syndication
How would you divide ownership in a deal like this? It's a small multifamily property.Investor #1: brings in half of the cash, finds the deal, manages the rehab, manages the property manager, does all other admin.Inve...
Justin Brown
pro forma cap rate and purchasing cap rate explanation
I was wondering if anyone could recommend some good articles or videos on cap rates. I have tried googling it a few times and don't really understand pro forma cap rate, and purchasing cap rate and how it applies to a...
Dan Chapman
contractor partner investor profit vs. investment options
HI, My main partner is a general contractor we have 3 of us total investing in fix n flips. Two of us help find the property and I set up the loan or financing. My question is are there any good sources for factoring ...
Lee Cruz
offering 30 to 40 grand under the asking price. Working for u?
After using the brrrr and rental calculators. Most of the time the asking price and the numbers(coc, roi) doesnt work. Even 10-20 thousand the numbers dont work. Only when i put in 30-40k under the asking price do the...
Dan Barman
3% commission on hard money loan?
Am considering going in as a first time investor / hard money lender (limited partner) on a large (150+ unit), ground-up multi-family.The opportunity came to us by way of one of the managers of the deal, who is a frie...
Stan Hill
Building a home in north Dallas/Fort Worth
We have several rentals and want to take a next step of building a home to sell. So far we have spoken to one builder, with him offering to build a 1,500 s.f. home, 3/2/1, all brick, 9' ceilings, nice fixtures for app...