Martin Saenz
Note Investing - Vertical or Horizontal Expansion?
I spent some quality time with my Note Investing mentor at the IMN Conference a few weeks ago.Part of the discussion centered on the institutional non-performing notes being more difficult to source at low levels AND ...
Erik Bell
Insurance prices in high-risk areas - Forest Fires in the west
Hey All,Given the common reoccurrence of wildfires hitting the west, has this spooked or given anyone uneasiness that its not a matter of "If", but more of a "when" a natural disaster such as a fire could affect your ...
Jessica Hunt
Rentec Direct users?
I'm looking into some new property management software! I currently use TenantCloud, which I think works pretty well for self-managing DIY landlords, but it's not meeting the needs of my property management anymore (I...
Paul Huntley
I Need Help Structuring a Short Sale Offer
I wanted to know the best way to structure an offer to the bank (before the BPO is ordered) for a Short Sale. Here is an example:
1st loan balance: $600,000 (Bank of Amer.)
2nd loan balance: $200,000 (Wells Fargo)
...
Nate Pummel
How should I be looking at a BRRRR deal?
Hi everyone! I'm looking for some guidance regarding how to truly evaluate a BRRRR deal. I have a deal I'm evaluating that is an 11% CAP, $260/month cash flow with a cash outlay of $15k before I refinance. I plan to d...
Fred Shandler
Please explain the notion: "I can pay your asking price if you can agree to my terms"
I don't understand this statement and I hear/read it often. Isn't the bottom line the price you pay for a property -more important than terms? If a seller wants 50K and you want to pay 40K, how would modifying terms...
Ken Swearengen
Who started investing AFTER having kids while working full-time?
I'm looking for some inspiration. I'm working full time while my wife stays home with our kids until they're both school age (so about another 4 years). My wife is slowly starting to get interested in investing with m...
Rich Lee
i'm renting apartment taking monthly hits to slow bleeding
First of all, I want to mention how great this site is. I just spent the last 4hours reading posts.
Now here's my problem... I bought a studio in 2006 with 0 down for $250k and put in roughly $20k to fix up the place...
Max McQueen
Choosing the Right Bank for My Real Estate Investment LLC
Hello BiggerPockets Community,
I'm kicking off the new year with an exciting venture: I've just established my own real estate investment LLC!
I'm currently exploring banking options that align well with this specif...
Brandon Graham
Hard money loan under $50k
Hey everybody, I have found a great deal in my hometown of Columbia SC. It's a duplex that's listed for 50k. The sellers are motivated to sell. The property already has two tenants which yeilds $1170 per month. So the...