Hey BPers,New to the site and really impressed at the friendliness, expertise, and camaraderie happening around here. I'm considering some PM lending to an old friend who's flipping full time ( not sure about it yet,...
I am in the market to rent out my first property as an LTR. Should I take the time to meet with a lawyer/real estate agent to prepare my rental property? Is it acceptable to use a general lease agreement found on the ...
Can someone explain how personal guaranty works on a commercial investment? LTV is: 70/30 6 partners and each is ~16% ownerDo all partners have to sign a personal guaranty (PG)?If we sign a PG and the business can't m...
Has anyone had any experience in partnering 50/50 with Kris Krohn or investing in his RE Fund? I haven't been able to find many reviews on this. Any feedback would be much appreciated. Thanks!
Hello. I am new to the game. I'm working on my first deal and it is in Chicago. I didn't research enough in advance to find out that the permit process can really be a hiccup in your project. Is anyone currently rehab...
Hi BP, I have just started using QuickBooks Online. Does anybody have a site or youtube video that describes how a real estate investor uses Quickbooks online? For example. We do a lot of Flips... What section do yo...
Please explain the pre qualification process on a loan. I currently filled out a questionnaire from a broker but now he is asking to completea , “document checklist with a list of documents needed for your loan qualif...
What does everyone think about real estate seminars? I went to a seminar the other day a learned some valuable information but it was hard to distinguish if the speaker was just boasting about their intensive class or...
I’m looking to buy a mobile home park and have started approaching a couple brokers to get info about properties. One asked for a pre-approval, likely to gauge whether I’m a serious buyer. My thought is that a term sh...
Am a mother of 2 with a wonderful family. Am a professional in the private lending, real estate and investment field with over 15 years of experience. I fund deals and help other with a bad credit find good deals to h...