Mikhail Pritsker
Sponsors Underwriting Steps. 10 Questions to ask on the first call
Hello everyone!!
Today, I want to discuss the importance of the Sponsor Underwriting Process. Part I.
Introduction
Sponsor underwriting is a critical aspect of real estate and investment analysis. It involves e...
Jennifer Jacobs
Contractors requesting deposit - is this standard?
Hi Everyone,What do you do when your contractor asks for a deposit?My partner and I have always done our own rehab. The next project we are working on we can’t do ourselves and are looking to hire a contractor.We’ve ...
Patrick Menefee
Rehab for dummies (I’m the dummy)
Good morning BPAs I spend more time practicing analyzing deals I know the rehab piece is one spot i need some help. I’ve heard plenty of warnings about misestimated rehab costs, and i know that this is definitely not...
Peter Kozlowski
Can I sue a contractor for not completing work on time?
Hi all,I have a contractor doing some work on my South City duplex. He told me he'd be done by Monday 2/17, so I gave him a few more days (until Wednesday 2/19) to complete the work. All of this is spelled out in my c...
Bryant Clark
Is this property worth purchasing?
I'm looking at buying my first property and have an investor friend who's looking to downsize his portfolio. The areas he invests in are C/D neighborhoods but he has done very well with them. He's done some major reno...
Ryan Terrell
Underwriting major Rehab of 90 Units
I currently have an opportunity to purchase 96 multifamily units, 16 of which are newly renovated leaving 80 that need MAJOR rehab. We are talking full gut to the studs rehab. I am a General Contractor and I am comfo...
Tamara Abel
Can you charge a late fee for rent in California?
Hi! I'm new to the landlord position and have a question. I'm setting up a lease and wanted to know if anyone knew if I could, as an individual landlord, have a late fee stipulation in the lease. I am not a propert...
Juan Santiago
Is "We Buy Houses" on marketing materials false advertising?
Is it considered false advertising as a wholesaler to tell people that "we buy houses" I buy houses" etc...? Is it false advertising to put it on marketing materials? Is it false advertising to use it as a website nam...
Account Closed
Houston Housing Market Nearing "Collapse"
"Houston is the only market that's is already looking dangerously close to collapsing."
Personally, I feel collapse is a strong word and a bit alarmist. Interesting chart though, I like the blue Phase 2 section.
...
April L.
New and Frustrated Investor. Should I Consider Land and Build?
Hi there,I'm in the Metro Atlanta area. I've been looking to pull the trigger on an investment property for two years. At first, I was going to buy my parents a house near me but it's too expensive and competitive in ...