Rick Schuett
Shared Appreciation Notes - Any Experience?
Greetings!
Just joined a few minutes ago, so thought I would start off with a topic that is somewhat uncommon. I apologize in advance for the long preamble but this is a rather unique and somewhat complicat...
Dimas Garcia
Wholesale contracts explained to a newb
I'm reaching out for help from the BP family because I have what's commonly referred to as 'analysis paralysis', a particularly debilitating case. I can't get started because while I have the general knowledge and the...
Linda Quint
late fees and incentives to pay on time
Does anyone have a sure-fire way to get tenants to pay rents on time? How many days should I give before charging a late fee? What is a fair amount to charge for late fees if rents are in the $1000.00 range? I would...
Joshua D.
I like sfh's more then apartments. Am i crazy?
I like sfh's more then apartments. Am i crazy? Seems to me at least in my area its a better business model.
Example so i looked at i thought was a steal for a 5 unit for $60,000 but in a bad area. It would cashflow ...
Steven Gesis
Purchasing 100+ MultiFamily Apartment Building - Needs Renovation
So, here it is, I love SFR, I have A LOT of SFR, over the course of the last two years, have been dipping into the Multi-Family space and now graduating to 100+ units - still buying lots of SFR (I just cannot contain ...
Eric M.
Lenders, do you have borrowers pre-sign DIL?
I have heard of the technique of avoiding potential FC problems by having a borrower essential pre-sign a Deed in Lieu which basically says, if the loan defaults this Deed in Lieu becomes enforceable.
Sounds too good...
Nick Farrell
I don't trust my Financial Advisor, what should I do?
I've had a roth IRA and a mutual fund thru Northwestern mutual for just under 2 years. I'm 23, I wanted to get started early so I can buy a business with the money some day. I don't trust the guy that is in charge of ...
Linda Weygant
Scammed!!! Help?
I had a tenant who asked me to set up an online payment service for her or her father to make rent payments to. Her father is from California.I set it up through my QuickBooks software using the Intuit Payment Networ...
Bill Gulley
LENDING ADVICE, DETAILS AND THE IN'S AND OUT's THE REAL SECRETS
I just posted to another thread in this forum where someone was asking how to make a loan. Details seemed odd to me and decided to bring this area of lending or borrowing up for some discussion.THE REAL SECRETS IN LEN...
Danny Day
SFR Rehab #2 finished.. analysis
ARV $125,000
Purchase $70,000
Rehab $23,000
Estimated time frame: 2 weeks
Rehab time frame: 4 weeks
Budget: $18,000
Analysis: Went 2 weeks over the estimated rehab time frame because I decided to to some of the work...