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Like the title says, how much do you pay your private lenders? I have seen that 8% - 15% seems like the average.
Now another question - is that 8-15% on the money they lend you or of your final profit?
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I was just reading Ben's latest blog post and he brought up some real numbers after owning 100 doors. His experience has led him to the conclusion you need to get $1000 per month(sfh) in order to cover expenses and st...
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Hey everyone, my main marketing strategy for the past three years has been cold calling, I have a cold caller that is outsourced and I handle all the leads that are produced. I have seen a pretty large decrease in our...
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Sorry for the lengthy post, but I've run into something I haven't had to deal with in the past. Not sure if there's much else I can do, but wanted to post what's going on here to see if I'm missing anything.About a mo...
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Hi allDoes anyone have experience of multifamily buy and hold in the hudson valley area. Say from Beacon/Newburgh up to Saugerties. Would welcome thoughts on capital appreciation, cashflow and prospects for growth in ...
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Earlier this year my good friend paid $30k to a Dallas real estate guru to finally get started in real estate at the ripe young age of 55. After the course, the gurus convinced him to put his entire retirement into 2 ...
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Earlier today, on the way to work, I was listening to the BP Podcast #285 as per my usual routine (another great podcast by the way). But after hearing some of the guest's comments about building multi-family and rent...
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Yes, I've been mostly lurking these past few months as I try to deal with situations preventing me from focusing on REI without distraction. In the meantime, I need ideas to chew on until then. So this question is ...
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Just went to inspect some work and noticed they weren't using thinset to lay down the cement board under porcelain tile.
When I asked the contractor, he asked his flooring guy who had been doing tile for 25 ...
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Tenants of 7yrs leaves this month and is already requesting full deposit back. I explained that I had 30 days to do the accounting.
How do you guys handle these? It was like that when we moved in.That was from th...