Account Closed
"Additional Insured" clause in PM contract
Hi, The PM company we signed on has a clause to add them as 'additional insured'. Is this something OK to do? Any risks? Any insights please? Thanks in advance.
Roger Mace
Beware of Fraud and Scams in the Lending Industry: A Guide to Protecting Yourself
Beware of Fraud and Scams in the Lending Industry: A Guide to Protecting Yourself
The lending industry, unfortunately, can be rife with fraud and scams. To safeguard yourself and your investments, it is crucial to co...
Yvonne Griffin
Where have I been? Let me update ya!
Hello BP members!
Okay, last time I posted a question, I was looking for help with my forst wholesale deal. That was awhile ago and I just wanted to pop in and tell everyone what I am presently up to.
I approached ...
Alan Salgado
Baltimore Buyers Beware
NEVER, EVER, EVER Submit an EMD (deposit) directly to a wholesaler. Be suspicious of anyone requiring or even asking you to send deposit money directly to them instead of the contractually agreed upon title company.I ...
Tom Knox
1031 Exchange - Like Kind Question
I am currently going under contract on the sale of a vacant piece of land and would like to defer my gains into a STR condo. Would this qualify as a like kind exchange? If so when would i need to specify to the title ...
Robert Fritsche
Servicing Debt on multiple properties
Is there a method to servicing the debt that is accumulated through the financing of the properties? If you have 5 properties and 3 go vacant and the 2 that have the income do not cover all 5 what are the best safety ...
Andrew Lackey
Non-recourse loans alternatives
Hello! I'm new to the investing world, and was wondering about different ways to cover yourself if things go wrong - specifically, if you can't find a tenant, and are unable to pay the loan on a property you haven'...
Joan Flynn
Borrowing from a friend
Good afternoon,My business partner and I have an LLC that plans to borrow money from a friend to rehab a house and return it upon closing. We have a contract. Do we need to get or file any paperwork with fed or state...
Mark Gould
When calculating a deal, do you calculate at the long term rental rate?
New and trying to find which lane to pursue. I’m curious when you are calculating your deal, do you go at it the same way you would a long term rental? So for example, if I figure mortgage is $1000, and when I calcula...
Victor Chen
Safest way to invest in real estate
Hi all,I'm interested in real estate investing and am wondering which method you believe in your experience is the safest method, in terms of not losing money. I know about reits and have looked into that before. How ...