Account Closed
Crazy motivated seller situation, difficult structuring the deal.
So, I've got a seller who has had an ongoing divorce for ~5 years. He has 2 properties that he used to rent out a couple years ago, but quit as the additional income would relinquish his benefits for his children. The...
Hai Le
Do "the rules" REI even apply in California
Newbie here practicing analyzing some properties in socal, particularly Inland Empire). I'm trying to implement the percent rules (2%, 70%, and 50%) but not even coming close with the property values. What percentages...
Jamie Cox
Due on sale clause a sub to deals
I have the opportunity to pick up a property in a very nice section of Vegas with approx $80k in equity. The homeowner has moved out of the country and just wants the property gone. They owner says they will entertain...
Brent Baker
$500 in brokerage account
I'm not sure if this is the right board or not so mods, please feel free to move if appropriate. My wife told me that she discovered her stepfather opened up a brokerage account for her almost 20 years ago. They seede...
Mike Dymski
accounting system and deal sponsors/syndicators
I am shopping for the right accounting software, have read all the posts on BP related to it and have PM'ed a few members. I am using 3rd party management (they use AppFolio); so, my needs are pretty basic and do not...
Mike Nelson
Advice needed on financing condo deal
Whats up BP. I have a deal here in the Bay Area that im currently in contract on and I would love to see if I could get some advice on my current situation.
DETAILS-
I have an off market condo in contract. Purchase pr...
Joe Fish
Understanding STR trends
For the experienced STR investors, what insights can you share about occupancy and rate trends? How is 2023 shaping up relative to the past few years?I hear a lot about how over supply is driving down prices and occup...
David Hollenberger
Am I getting low balled??
Hey everyone I am new to REI however I have an opportunity to get my first commercial deal under contract. I have an off market deal that I have very close connections with the individuals who own/operate it currently...
Joseph Conrey
Principle 1: Don't Criticize, Condemn, or Complain
“You’re wrong.” These words will put you at odds with anyone. Try it. It’s a tad unethical but I’m experimenting. Again and again I am amazed at people’s deflation. Their shoulders sag, their tone sharpens, and their ...
Marc Pelletier
Cash Flow Properties - Possible when financing??
Hey Everyone!It's my first post! Been following Bigger Pockets for over a year now and finally have something I think I can contribute. I've made some offers on properties and been under contract a couple times but ...