Andrea Tapp
Talking about contract terms when planning to assign the contract
How do you share information with your sellers when you are planning to assign a contract to another buyer? Do you disclose to your sellers that you are going to be selling the home immediately to another investor and...
Brian Gibbons
MHI SAFE Act comment letter filed with HUD March 1st
I thought I'd pass this along to the members of BP...
MHI filed the following comment letter today regarding HUD’s proposed rule on the SAFE Act.
The deadline for comments is this Friday, March 5th. Please fell fr...
Pam Marcum
Not only am I against it....
I think it's criminal. It will be the direct cause of many, many deaths, especially of the elderly. A man from the British parliament was on tv the other day and stated that in the U.S. a man with early prostate can...
Shari Posey
Are their 3rd Party Options for Structuring Seller Financing?
I'm a real estate agent who has a seller offering financing on a single unit. We also have a buyer who wants to buy with seller financing. This is an area that neither I nor the seller have experience with. Because of...
Jeff S.
Buying notes and rentals
Have seen it suggested that buying a mix of investment properties and notes is a preferable investment strategy. It makes sense but it seems people have their reasons for going one way or another.
Having only investe...
Daniel Bradshaw
How to determine ARV
Hey guys,
I was wondering how someone can determine the after repair value of home. I know most people say that they look up the sold comps on the MLS for similar properties. What if you are a beginning investor like...
Account Closed
Would you evict this person?
I came across this article today. The circumstances are a little unusual and I thought I would throw it out there for some discussion.
http://tarrytown.patch.com/articles/sleepy-hollow-landlord-seeks-to-evict-80-y...
Russell Gronsky
Basing CAP rate off projected income
Hey all,
So I was looking at a 10-unit multi-family property the other day online and it was advertising an 8 CAP. But when I ran the numbers, the CAP rate I got was closer to 6. When I asked the broker where the 8 CA...
Account Closed
Wholesale Central Florida
Hello all!After marketing for sellers I have quite a few highly motivated sellers lined up in the Volusia and Orange county part of Central Florida. After speaking with my Attorney I am saddened by what she told me a...
Joshua Dorkin
Real Estate Investor Partnership Horror Stories
Have you partnered up with someone on a real estate deal, where it got really ugly for one reason or another? Do you have a partnership horror story?
If so, please share it so we can all learn how to protect ourselv...