Jonathan B.
Help understanding "Assignment of mortgadge
Hi Guys,I am practicing my skills in understanding "leagel" Documents and understanding what do they mean actually,There is a property i am looking at I pulled the below out from the County recorder site - can someon...
Sharad M.
I don't understand this behavior
Not sure if you guys ever experience this. I have had some tenants who will come and say they like the apartment and they are going to run down to the Walgreens and withdraw cash and then I never hear back from them. ...
Matthew Sperry
Understanding LLCs in multiple states
Hello! We have two properties in 2 different states and we want to put them and future rentals in an LLC. Can we register ONE LLC in ONE state in which we can put out-of-state properties or do we need an LLC in each ...
Amanda Glendenning
Still attempting to understand BRRR
Ok, I need help understanding how BRRR works in this scenario. We recently purchased a distressed 2 br 1 bath home for 48,500.00 and rehab costs will be roughly 20k. The A.R.V is estimated to be 100,000.00 based on co...
Scott Michael Gross
Multi-unit Appraisal Formula Understanding
Hi BP Community- happy holidays! Was wondering if people could help clarify how to estimate the appraisal value of a multi-unit? I am looking at a 12 unit complex and I understand that it's potential income minus expe...
Kiara Colon
Understanding Upfront Fees When Buying
As you embark on the exciting journey of purchasing your dream home, I want to provide you with some important information about upfront fees that are typically associated with buying a property. It's essential to be ...
Rami Holzman
Understanding New Construction/Spec Costs
Hi, I'm trying to learn as much about the development side of real estate as I can and am ideally looking to start with flipping lots. I'd really like to understand the costs of new construction/spec as much as possib...
Darson Grantham
Understanding ARMS (Adjustable Rate Mortgages)
My team and I at The Grantham Group, are gearing up for our next real estate education series event. The topic this time will be on Adjustable Rate Mortgages (ARMS). We have the Assistant Vice President and Mortgage L...
Raj A.
Understanding LTR in North Chicago
Through deal review and market research, I'm starting to narrow in on North Chicago (Lincoln Square, Lake View, Roscoe Village, Albany Park, North Center, Uptown, Andersonville, etc.) as an area to invest in LTR, give...
Riley Holt
Why can’t I understand this?!
So I understand the private money lender as it pertains to say a flip. I find the deal, private money lender pays the down payment plus rehab or something close to that, once done I sell the house and after the invest...