John Gillick
Is this a good deal?
In a work/money fix&flip partnership:
The silent partner provides $1M.
The working partner does all the work, including securing an additional $1.4M in financing for the LLC.
The working partner keeps 2% of the...
Daniel Torres
Investing in syndication vs owning single family homes
Hi All, My current situation is one that I have a fair amount of capital but not a lot of time. I’m considering investing in syndications vs buying single family homes. The syndications appeal to me because of the...
Danielle Davenport
Lack of Insurance is killing my Sales! In California ...
Lack of Insurance is killing my Sales.
Buying a new home in CA? Start with Insurability.
If it’s hard to insure, you will need the FAIR Plan and that could take 8 weeks to secure a Binder.
We are seeing 3-4 weeks...
Mark Forest
Help with renting to family members
My father is almost 90 and is having both mental and physical health problems. We own the house next door to our personal residence, and it is currently vacant as we do some finish work to it. If we rent the hous...
Richard Rountree
Partnering
So I partnered up with another successful agent. I do the door knocking. He follows up and closes the listing. Everything else I am pretty much piggy backing off of him. We are going to do a partnership agreement w...
Dan Smith
Partnering with a friend
Hey BP, I have a friend who I have been speaking with about partnering together with and I was hoping for some advice on the matter. We are looking at contributing 50% each to fund a new deal and we wanted to make su...
Jimmy S.
Did my accountant screw up?
Long story short............. under my schedule e he put 365 days fair rental days when I purchased the property 8/20/14 and was really only like 120ish fair rental days. Now I cant use any of that income under Fannie...
Chiquita Mcgill
Deal Anaylis
Hey guys! I recently came across what I believe to be a remarkable deal. I would really love for fellow and more seasoned real estate investor(s) to help me decide whether or not to move forward with this deal. It wil...
Lance Lvovsky
How do YOU measure fair value (using market interpolation)
Just curious, when you examine a mult-family/apartment deal, how do you allocate what the fair value of your purchase should be? In one of my accounting classes in graduate school, we are learning about fair value mea...
Maybelle Francisco
Fair Lawn NJ - Investors
My husband and I are into flipping in Fair Lawn NJ and rentals in Hudson County NJ. I'm excited to network with the rest of the BP family based in our area. Feel free to pm me = )