I saw an interesting interview on CNBC today of Colony Capital CEO Tom Barrack whose firm has $34 billion under management. He spoke about the many changes in housing but touched on a real interesting point. He compar...
I thought it would interesting to share some recent experience we have had with some of these instruments. To that extent, an illustration of the pain that can come with working with an instrument that is not the...
BEFORE I FORK OVER MY HARD MONEY I WANT TO KNOW IF THESE PEOPLE ARE REAL OR ARE THEY JUST TRYING TO GET MONEY FROM US SOMEBODY TELL ME WHO IS REAL AND SHOULD I INVEST IN HOUSE FLIPPING
Answer this… If I could walk away with XX years of my current annual cash flow, it would be worth it for me to sell my property now.Since we may be due for a correction here in the near future, I figure I’m not the on...
My tenant signed a contact that clearly states that when he moves out the property must be in the same or better condition as at the time he moved in normal wear and tear excepted.
He mounted a TV and when the mount...
Hey BP! I'm still quite new around here so I know I'm risking outing myself as someone who "doesn't get it yet" by asking this, but I've been consuming everything I can to try to educate myself - podcasts, books, for...
In 15 years in the biz I have not met someone who got sued and was saved by having an LLC. Every new investor gets hung up on asset protection and there is an entire industry catering to asset protection. There must b...
Back in November (2014) I closed on my first REI property. A 'turnkey' duplex in Chicago. I went with a well-known turnkey provider and posted initial updates in this thread:http://www.biggerpockets.com/forums/92/to...
I am speaking with my attorney who is helping me setup the proper documentation for use with private investors. She is suggesting that I do not deal with non-accredited investors because if something should happen to...
In my city, our probate leads are published in the newspaper at the same time each month. I am finding that even in some big cities, folks are still having to trek down to the courthouse.
I was wondering, where all o...