Wesley Thompson
Disappointed…but not deterred
The cabin deal fell apart at the last minute. My partners and I know we didn’t anything wrong, in fact, it’s quite the opposite. We had the entire framework of the deal put together and received the 1st contract for r...
Patrick Goswitz
Owner Finance Deal. Good or Bad?
I was thinking about owner financing a property to a buyer and I need some help please to figure out if this is a good deal or not.I paid $235,000 for the home. Here would be the terms with the buyer:Sales Price: $315...
Jerry Kisasonak
Virtual Wholesaling and Hand Money... Question on the "How-to"
I've done some wholesaling and have done it face to face. When signing the contract I just hand the seller the handmoney. (I use $1) In my state, and I think this is true in all states, you need to put up consideratio...
Account Closed
First BRRR Deal - Zero down, infinity returns
Investment Info:
Single-family residence buy & hold investment in Houston.
Purchase price: $80,000
Cash invested: $1
Zero down, infinity returns.
Thomas Willingham
$500k to $200k cash flow
I want to develop a 3-5y plan to turn $500k into $200k/year cash flow. I’m comfortable in the commercial space but also considering Multi Family. Most of my current 40k sqft is healthcare.
Help me develop my game p...
David Lucas
Looking for bookkeeping tips
Hi everyone,I received a job as an Accountant for a small rental property management company in Richmond, VA. I was invited to interview even though I have no accounting background, and was ultimately given the positi...
Eric Grunfeld
Is A Tenant Ledger Necessary For Due Diligence Purposes
Good Morning:
I am currently making an offer on an apartment building (this is my first rodeo) and one of the items (for due diligence purposes) that we seek from the seller (current landlord) is their tenant ledger....
Ronald Perich
How did you find your first property?
A new colleague of mine just asked me the following. I've put my response down in the spirit of sharing and the hope that other experienced investors might share their best ways.Ronald, I am 20 years old and saving to...
Raquel Zanoni
Encroachment On Title Commitment
Hello BP community!I am working on closing a duplex in the City of Chicago. We are very close to the finish line, however, there has been no shortage of new findings and surprises along the way! I recently received a ...
Nat C.
Is PM evading responsibilty or am I being too demanding?
I just wanted to ask for some honest opinions.I have a property manager for a duplex. Recently I received a letter from the water company that that there had been illegal tampering of the water meter at the property (...