John Allen
Financing an apartment package in Texas
Im trying to buy package of 30 units in Texas. Verbal agreement to sell at $350k. I have the 20% cash down payment but I'm struggling to find a lender. Package is 96.7% occupied (1 unit is gutted to the studs). Lots ...
James DeRoest
Tree falls into my property, onto my building.....guess who pays?
I do!Learn something new every day.Rotten old tree stump that's about 20 feet high falls over and is leaning on our garage (at our latest acquisition).Turns out that we have to pay to have it removed! So someone else'...
William Stinson
Employee approached me about doing a secured promissory note
I recently had one of my 1099 employees approach me about helping him deal with some back taxes that have come to a head and he is running out of options. He owes $60,000 to the IRS from 2004 taxes and he has asked me...
Charles A.
Why I do not invest in syndications.
We are in an environment of unprecedented cap rate compression and record low interest rates which is only headed in one direction after this is all over.Yes, make no mistake, the music will soon stop.That has very li...
Christo Steinmann
Off-Market deals, Learning the angles
Good day BP,So recently I have been assigned a new category at work -it is my job to get the Off-Market ball rolling and to snowball it into something big. One step at a time I am wrapping my head around the process f...
Chris Murphy
trying to figure out financing
Hi, this is my first post on BP. Past two weeks or so I've I jumped into this place head first. I'm located on the south shore of Ma. I'm actually in the trades so I have no formal knowledge of finance. I purchased an...
Corey Dutton
What are the Future Trends in Real Estate?
This is the crystal ball question that all of us wish we had the answer to: What Are the Future Trends in Real Estate?
Do you have any special insights or theories about trends in certain property types like commerc...
Mike McKinzie
Super Bowl National Anthem
How can anyone botch the National Anthem? Especially when they are being paid six figures to sing it? And in addition, CA did an AWFUL job, she should return all her pay for that atrocity! Or at least donate it to ...
Brodie Sharpe
Texas pre-foreclosure confirmation with county records
Hello wise investors!I have a list of Texas properties that are suppose to be in the foreclosure process however it seems some have been saved and others not so. I have tried calling the Trustees to confirm if a prope...
Anson Young
"Federal" reserve
http://www.amazon.com/Creature-Jekyll-Island-Federal-Reserve/dp/0912986212
Anyone else read this book? I'm 1/3rd of the way through it and it blows my mind. This information should be common knowledge, but its not,...