Lenny Smith
Let's get right to it, I need financial advice.
Alright. As the title says I am in need of financial advice. I am 28. I have been working a job I hate for two years, and have managed to save close to 10k. At the beginning of the year I inherited a little over 15...
Michael G.
Has anyone had success marketing to probate or divorce attorneys for leads?
I've previously had some success direct mail marketing to probate attorneys for leads on distressed properties.It was over a year ago but it did produce 1 deal worth a $10k assignment fee on a distressed property.The ...
Matthew Holtry
What is the Happy Path for a Private Money lending Transaction?
BP Community,I recently did my first private money deal (as a lender). The borrower is someone I know personally, and we intend to do additional deals together in the future. We stumbled through this first one togethe...
David P.
In escrow for property-Should seller or buyer pay cash for keys
Hi Guys,
Currently in escrow for a tenants occupied duplex in Los Angeles. We already got the tenants to agree to cash for keys to move out. They agreed to accept $2500 each (1 months rent) upon move out Oct 2020. ...
Christopher Gill
To Own or Rent: Combining the Best of Both Worlds! - Part 2
See first to understand the context of this post here: https://www.biggerpockets.com/forums/44/topics/251...I want to see homeownership evolve to fit our current lifestyle and desires. Will home ownership in its prese...
Account Closed
Sponsor's promote based on Cash on Cash Return instead of IRR?
I know people frequently structure deals with disproportionate distributions to the sponsor to reward them for their performance. Every waterfall model I've ever done has used IRR targets as hurdle rates. This is grea...
Shelby Willitts
Has anyone used a self-directed IRA?
I am thinking of transferring funds from my Simple IRA to a self-directed real estate IRA. Wondering if anyone has done this and how difficult is it?
Robin Grimes
Tenant Applicants say the dumbest things
Stupid things Tenant Applicant’s say.
I had renovated a nice 4/3/2 and put it on the market for lease. Here are some of the comments from people who toured the property during the open house or called me from signa...
Peter Seely
LLC or just Good insurance
Hi All,
I am a new investor who will purchase his first US property as a rental and I am wondering if I should open an LLC or would purchasing adequate insurance and an Umbrella policy do the trick to protect me.
...
Mindy Jensen
Investor NOT protected by LLC?!?
A new development out of Atlanta this week. An investor has been held liable for the exceptionally poor conditions of his properties, even though they were held by an LLC that was not under his own name. He argued tha...