Daniel Fenn
Negotiating on Price / Loan terms
I've heard that banks have a set discount rate from the BPO (Broker Price Opinion) that they will not go below. Does anyone know which banks/lenders have the best discount rates?In case they don't budge on price, wil...
Joe Terracina
Need partnership ideas for seller financing deals
A friend and I are talking about partnering together on a deal where the most likely outcome is that we sell it via seller financing (because the buyers probably won't be able to get traditional financing).We are talk...
Jeff Moulyn
Finding positive cashflow
Hey everyone!I am starting out as an analyst in Modesto CA in the next 6 months after I get my finance degree from Cal Poly. I got my real estate agent license about 8 months ago, and now that I am going to be earning...
Maugno M.
Texas blizzard will you discount rent?
My tenants were without water and electric for a couple days due to the snow storm that hitTexas. Nothing I could do about it till the freeze went over. Should I discount something of the rent this month because of t...
Mark Lira
Discount rent for on time payments.
Hello We all like to receive rent on time. With that in mind, I had a thought of advertising rent slightly higher than I need and offering a discount for payments made on the day I want it. For example if I need $86...
Jonathan Nixon
Discount Real Estate Brokers (South Florida)
Good evening BP,I'm looking to do a bit of market research to find some of the cheaper options for brokers representing sellers in the Fort Lauderdale/Miami area. It seems to me there's a disconnect between agencies t...
Account Closed
Using NPV for real estate investments
I like to use Net Present Value when evaluating deals, but I don't see it a lot on this forum or other real estate evaluations. Can anyone shed some light on why not to use it?
Seth C.
Note selling 101...
I am interested in buying a property and I can get a note from my brother for the purchase, that he could then sell to get his capital back. I was wondering:1) What are the terms / characteristics that make a note des...
Antonio Bodley
Do you prefer looking for wholesale deals in your own local area first?
Do you search for deals in your own backyard first? Or do you venture out to find deals in other areas first?
Bin Chen
Convert from 2 family to 3 or remodel and just rent out
Hi all,I am currently working on a two family house in the riverdale part of the bronx, I went the route of converting the property to a 3 family house but am now wondering if it was worth it.Scenario 1:The house is a...