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Evening: I am formulating on operations agreement for our first REI deal. The commercial lender needs an operations agreement. Long story short, any clues as to how to write up the agreement that allows me to be the...
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When evaluating a multifamily property (5+ units), one would determine the actual property income (the total income the property generated in the prior 12 months) and use this calculation as part of the calculation fo...
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My Wife and I purchased a 4+ acre property with a 1930’s 3 bedroom, 1 bathroom, 1200 square foot house and a large wooden workshop. The house is in pretty rough shape and we are trying to determine if it is worth reh...
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So I live in New Orleans and my mother is elderly 76 y/o and as alot of ppl her age she's on a fixed income. Her house is still damaged from hurricane Katrina. Pretty deplorable condition, but it's a good size house ...
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Hello, my name is Barclay Hallowell and am just getting started in REI. I spent 25 + years in residential construction operations making money for my bosses. Last builder I worked for closed up shop and a left me to f...
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Let me see if I can formulate my question -- this is for anybody here that has had any experience with custom home builders that knock down old, small, 1950-era houses and put up 3,500 - 4,000 square foot mini-mansion...
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Hello Everyone, I am in the proces of formulating an offer that involves seller financing. Ive included the numbers of the deal. Have I missed anything ? Seem like a good deal ?The home is listed at $69,900. A duplex ...
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Hello BP family!! My friend and I want to start an investment together. What do we need to do as far as legality. I heard so many bad things when it comes to money and friendship. We want to laid everything out in wri...
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Hello! I am Dan Pendon and living in Chicago, IL. Currently working in corporate with a solid career so far but I have had the entrepreneurial bug ever since graduate school. Real estate has attracted me for its flexi...
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I am a newbie who is interested in getting started in rentals properties in the Albany, NY area. I would like to build wealth and supplement my income. I used to have a real estate license and have done two flips th...