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We have a pretty large Board of Realtors here and they have an extensive library of books. It's not just dry RE Law books or books on surveying, but all kinds, likely they have some of the "investor" books (I know I s...
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Hi, everyone. I've been using a lease I found and modified since I got started. However, it is a pdf file, and is a huge pain to edit. It also looks kind of hacked up after adding in everything extra that I wanted to ...
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Being a Commercial/ Hard money lender has proven to have had its share of difficult times. Like many people one of my biggest objections has been educating clients on what is acceptable in hard money. Yes hard money ...
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Hello BP Family,How do you all determine numbers for a commercial mortgage when estimating if a property if worth purchasing? Below are numbers I have (50% rule), the main concern is how to get accurate estimates (tha...
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Once, 16 years ago, a friend of mine told me his plan of buying some property in Alaska (where I used to live) building 6 chalets/cabins, and renting them out. He ran some (probably roughshod) numbers by me, and I wa...
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Hi All,I have a company that writes mortgages for those flipping or rehabbing properties. As part of our due diligence, we run background and credit checks on the borrowers. Does anyone have any input or suggestions o...
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I have thought a new service which could offer landlords cash to spread the cost of big ticket expenses over 10months. You think there is any mileage there??? Or do you think kost contractors spread the cost anyway -s...
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My wife (a realtor) has a client that is a VA buyer. They have a home under contract for purchase and chose to do a VA inspection only in lieu doing both a home inspection and a VA inspection, for cost savings and to...
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Hi Everyone!I have been heavily researching starting a real estate portfolio and was hoping to get some advice/feedback on my plan.I am 23 years old, have a salaried job in corporate finance, 750 Credit and recently m...
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Hello BP. I'm seeking advice on purchasing a Triplex. This is my first multifamily and having trouble figuring out what is my MAO. Owner says it is worth $150k but she will not provide an appraisal. Honestly, I think ...