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17-year-old Investor Seeking Advice
Hi guys,
I'm a senior in high school and I am very interested and very serious about investing in real estate. I understand some of the basic concepts of real estate investing, but I do not understand how to go about ...
Frank Fiore Jr
Double entry Accounting and Asset, Liability, Expense, and Equity for Home!
If you can provide insight into any of this I would be grateful, I have read GnuCash help / tutorial, and did some searching online, I have not found the necessary information to understand this. Maybe I ...
David Sirmons
Preventing REO sneak...
Now that I've gotten a lock on an REO, what's to keep someone from discovering it's listed with a RE agency, then submitting an offer of 1k over my price and basically stealing a deal from me?
Any way to do the 'Affid...
Lucia Robledo
New Investor looking for Guidance
Greetings BP community,My name is Lucia. I’m a beginner in real estate investing. I’ve done some learning over the past few weeks on the basics to R.E.I. I’ve gathered a good bit of knowledge on the industry with a wh...
Andrew Jones
Refinancing a Note
Hello BP,
I purchased a 5+ unit property in the past year where the seller carried financing and he currently holds a note. He contacted me seeing if I could cash him out and he would agree to reduce the principle of...
Xavier Torres
Deed in Lieu vs Short sale
So I am in the process of purchasing a multi-family home at a big discount from a seller that I am close to that is in foreclosure. I am trying to lean one way or another between doing a deed in lieu for six months an...
Charles Taggart
Looking for a stock market book
Hello, this is my first post.... yahhh.
I have 2 kids 11 and 13. I want to get them started thinking about money in the right way. My 11 year old is definitely going to be a saver and I fear that my 13 year old is go...
Todd Hensy
Real Estate Investor vs. Mortgage Lending?
I am new to real estate investing and bought many books on how to buy, fix, rent, or flip them. I haven't made any deals yet. I was also considering mortgage lending as a career.My question is ....which is more profit...
Lane Beene
Profit sharing for passive investors
I am joining forces with several investors for the purchase of an apartment building. What is the typical arrangement for distribution of cash flow, profit sharing, and sales proceeds? My template is: 8% quarterly...
Noah Barba
Rental Property Analysis
Hey BiggerPockets friends,I'm looking at a triplex and am trying to estimate my monthly carrying costs for the property. I know my taxes, insurance, mgt payment, and other items like maintenance, cap x and vacancy. Ho...