Nicholas Weckstein
Weird heating system
So this property I’m looking at has gas heating for the apartments. There are literally gas space heaters mounted to the walls that require you to light them much like you would a stove. Gas lines run up through the c...
Ashish G.
Why do I need a Buyers agent in Bay Area?
Hi,I have been buying and selling several properties (without an agent) outside CA in the past few years. I am now looking to buy a primary residence in bay area and wondering if I can represent myself in the deal and...
Rob Glenn
Structuring a Syndication
Good day investors. I’m interested in syndicated a deal and wanted to details on properly and legally structuring one. It’s a 16 unit apartment. I will be seeking legal advice as well from a local attorney. I reall...
Josh H.
Private Money (Hard Money is for Suckers)
Good Morning BP Community,Is Hard Money really for suckers?
My wife and I have done about 30 flips over the past few years, typically with a partner of ours that has a good amount of cash which he invests, then we sp...
Steve Christensen
Is a split / percentage expected as a wholesaler at a brokerage?
I am new to wholesaling, and would like to activate my license for comps, searching the MLS, etc. A few brokers have offered work doing BPO's as well, which I feel like I can only benefit from, and I can get paid ea...
Nelson Kingery
Starting Out - Structuring Partnerships
Hello Bigger Pockets,I've been listening to the podcasts religiously for the last couple of months. I've began going to open houses and would like to get started in the Oceanside/Carlsbad market. I am looking for sugg...
William Stubbs
Starting out - Property Management Costs
I have a property that I previously occupied in NC that I have decided to rent out. I currently live out of state. I have received a quote from a property management company, and I'm not sure if the terms are typica...
Bill Fleener
Find the deal first vs. getting financing/partner in place first
I am a newbie that has made the commitment to start purchasing multi-family properties beginning in the new year (2017). I am stuck and have some general questions to ask to help me get on track. First, I don't perso...
Account Closed
Spec deal structure
How do these numbers look on a spec deal? Enough return to justify the risk in your opinion?Lot: $325,000Construction costs: $450,000Financing costs: $35,000 (est.)Closing & commissions: $40,000 (est.)BREAKEVEN: ...
Adam Hoipkemier
Question for the big time syndicators
I have an opportunity to invest in the development of a high-end retirement community in Atlanta. Big project with 5-year-plus horizon for return of capital. While I have personally done a number of direct single fami...