Many syndicators/sponsors are offering a "waterfall" payout arrangement to their investors, whereby the investor first gets a "preferred return "of 8%, and then 75% of any cash flow left over after the preferred retur...
we just completed our first flip. We had a licensed general contractor do the skilled work. We had the electrical panel updated by a licensed electrician. A permit was pulled, and the inspector passed the work, no ...
Here is the story, ..... We currently have 5 rental properties with a contract on a vacation rental at the beach. We started out getting rental properties when our oldest son was about to attend college. With eleven...
I found Rodney’s write-up of his deal incredibly helpful, so I wanted to give back with one of my own. Thanks for the inspiration!
Background
A little over a year ago, I was working in the entertainment industry in ...
A family member has decided to sell his business overseas and invest
all his capital in real estate in the US. He is bringing $3M with him.He
would like to buy properties cash and rent them out. Each property he
...
It might just be me but I'm very leery in trusting people... especially if I've only every interacted with them online. This might be due to my current career in IT as we are trained to not trust ANYTHING online. Ho...
Hello, Background: I'm looking to buy my first multi-family rental property, a spacious two family home caught my eye in Rhode Island for about $180,000-$190,000, which should be able to get $3000 in rent a month, it ...
Hi there, I'm a 'newb' from Los Angeles, CA and I have a quick question for all of you out there. Here are the stats on a hypothetical Flip deal:Cost: $125K Sale Price: $220K Rehab total: $40K I'm planning on putting ...
Hello BiggerPockets!Let's call this a... re-introduction. My name is Chad Miles I have been a member on BiggerPockets for a year or two now and have participated in some discussions and learned a ton. Now, I want to r...
Would anyone refinance their home and hold the equity of it to have enough money for when more affordable homes come up (possibly during the down turn of the market)?