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Note: I wrote this post pretty quickly, so I’m sure there will be some questions and perhaps even some confusion…if so, feel free to ask, and I have some additional disclaimers at the bottom... I’ve written a bunch ...
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Posting my response to a client's question, in order to get my colleagues input on this issue.Q: I have an investor who is actively investing in real estate on their own & have no f/t job. So spending enough time ...
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Hi BP,I'm a fairly new investor and am interested in purchasing my next property in Lubbock. I acquired my first buy-and-hold property in February of this year through a turnkey provider (shout out Memphis Invest!) an...
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Hi BP Community! I am partners in a local Philadelphia group that has an apartment deal in Houston, Texas, and is currently in the capital raising stage. While I have a network of accredited investors that I am speak...
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Hey Everyone,Just closed on my first flip in Maryland. The seller smoked heavily in the property, house is 1250 sq ft and is a rancher style. I was thinking we needed to remove carpet, scrub walls, and then prime, but...
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Hi everyone, It's Friday night and I all my adrenaline is zapped. I am about to lose twenty thousand dollars b/c my mortgage contingency expired and my two private money lenders flipped the script on their terms at th...
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I'm likely going to start BRRRR investing next year and since the first 'R' is 'Rehab' and I plan on doing as much of it myself, that does dictate that the properties are also local.What I'm trying to figure out at th...
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I've seen a lot of posts about people eager to start an RAL and wanted to share some of the costly lessons I have learned and hopefully you can realize it before embarking on these projects. I've noticed the usual pos...
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Hello all:
I have a man holding a note he wishes to sell. It has a face value of 25K at 6% for five years. The payments are about $480 per month and they have made six payments. Note holder wants 21K for the note...