LP gets first 7% of returns as pref-From 7-12% split is 50/50 LP/GP-From 12-17% split is 25/75 in GP favor-From 17%+ split is 10/90 in GP favorThat means that if the investment did 30% irr pre-distribution that the LP...

Specifically, if it's NOT your primary residence?Anyone has experience with this yet? Seems like legislation is just now starting to catch up but after doing research, I still couldn't find a clear answer. 

I contacted an attorney a little over a month ago to draw up a promissory note and a mortgage that I could use for a private money loan between my lender and I.Initially, he requested a $400 retainer to begin work on ...

Hey Everyone,So I've been searching the forums and google for a solid answer but I can't seem to find one. My wife and I will be buying land with an existing home on it to knock down and build a new one. I'm wondering...

Tight Supply Is Limiting Home Sales at Start of Spring

The record-low number of homes on the market is limiting purchases heading into the spring selling season.
Home sales typically slow in the winter before ...

Hi Guys,It has been awhile since I have posted,  been a busy 3 years. Started flipping and now I'm on my 4th flip a big property in DC.  Found some solid contractors and I have learned so much.  Now I'm thinking, I ha...

I am up against my DTI ratio for a traditional mortgage and I have been looking in to the DSCR option and it from what I am seeing it looks like a decent way to continue to scale. Does anyone have insight on what the ...

My partner and I are about to send out our first direct mail campaign (postcards). We've settled on targeting our specific area (Taunton, Massachusetts) and I'm leaning towards using an equity list.First question: Is ...

I am an investor and real estate broker in Providence. I have a high-end listing that has been on the market for over a year. Granted, the owner started way too high at $1,850,000. Now it’s at $1,350,000. The owners a...

Hey BP,I'm starting to narrow down my search to specific neighborhoods and I think that I'm looking now at Federal Hill, South Baltimore, and Riverside Park.  Do any of you BPers invest in these areas and have any tip...