Leilah Davis
Understanding Proformas / Deal Analysis
I'm a spec home builder, along with my husband. To this point we've stayed in our lane of doing ground up construction spec homes. That's been our niche. We have never used any lenders, we've never considered doing a ...
Bette Hochberger
Understanding Property Tax Assessments
Hey everyone! Today, let's discuss property tax assessments. These assessments determine how much you pay in property taxes, and they're based on the perceived value of your property. Factors like your home's size, lo...
Thomas May
Memorandum of Understanding (MoU)
Hi BP community!I am a new investor (hopeful) and am partnering with a good friend of mine and a third experienced investor. My initial end of the bargain is to draft a Memorandum of Understanding that will then trans...
Alon A.
Hard money loan understanding
Hey guys I would like to understand something Purchase price: $270KReno: 70KARV: 420K My lender fund 75% from ARV which is 315K , it covers the purchase price also he covers 100% or rehab , I need explanation about t...
Kevin Dickson
Urban Trends to Understand
I try to stay on top of urban trends.
Rising home prices "decrease income mobility and ultimately hurt the U.S. economy," reports Nicole Goodkind in this article:
http://www.cnbc.com/id/49551180
Jane Jacobs noticed...
Kumar Gaurav
Book to understand depreciation
HelloI would like to thoroughly understand depreciation from a CPA's view point.Are there any great books and resources for this? Appreciate your inputs.Thanks
Chad Kilgore
Help Understanding Title Info
Hello! I've got a question about some title info on an auction property I'm hoping someone can help me out with. I've attached the pictures of the documents pertaining to the title that were included in the listing. S...
Melissa Searing
Need Help Understanding Mortgages
Hi BP,
I was "driving for dollars" today and saw a run-down house in a prime area. I found the owner's mortgage info on the county website, but I need some help understanding her mortgage situation.
Her house was so...
Account Closed
Understanding the BRRRR strategy
Hi, I’m trying to understand the BRRRR more in depth and I have questions.1.) Do I have to go all in and pay off the house at once or can I down 20% on the house and slowly pay it off every month with the cash flow fr...
John McCormack
Understanding cash on cash
Can someone please clarify for me how calculating CoC return is helpful particularly when using the BRRRR strategy. I'm reading how it is really only a calculation for the first year only??During the first year of th...