Hello BP Family,I was recently speaking with a buddy here on BP that is new to the game and is worried about how he is going to replace his and his wife's income. He just had a new baby in February (congrats Andy!) an...
Hello Everyone,I just purchased a duplex in December. One of the tenants does not have a lease in place and she has not responded nor signed the one I sent. Additionally, she has been late paying her rent every mon...
I'm a partner on a $3M syndication deal in Northern Virginia. We have 4 General Partners and a very small number of LPs. I have a small ownership percentage; I will make a larger return by contributing $500,000 to the...
I've been underwriting deals this week where cash on cash exceeds 12%, but the IRR on a 5 year old is around 10%. This would be an absolute triple net lease outpatient surgical center. For those who have invested (or ...
Dear members: This post is to warn you. Do not do business with an individual by the name "Trex Samson" or his company "Trex Samson LLC". If you see this individual around, he is a fraudulent lender. I had been workin...
Hi All,
I am a relatively new landlord. I have a duplex in NH and the new tenant has asked if she could do renovation in the bathroom in her unit. She wants to either move the toilet from one side of the bathroom to ...
I have a duplex (I live in half) with completely separate utilities and fuel oil furnaces. I'm tying to figure out the best system for my tenant to pay for his fuel usage. The way I see it I have two options:1) Work w...
As a new investor and someone who is meticulous with keeping things organized I'm just curious how all you experienced REI keep your expense receipts filed and organized?
Thanks,
Eric
I would like to become a hard money lender.
I have the customers on both sides and a specific business model. I can sell it.
I have the cash reserves myself to lend, as well as know both individuals who want to fun...
I have a friend who wants me to back him in buying a restaurant. He has been to one of the best Chef's schools, has good restaurant management experience, has a good work ethic, is good with people, and is trustworthy...