Michael Terry
Ready to Invest in Mortgage Notes
Hey guys,
I have finished reading Dave’s book “Real Estate Note Investing,” along with Kiyosakis “Lazy Way to Invest in Real Estate” and Rachel Richards “Passive Income, Aggressive Retirement.”
I am interested in ...
William Higdon
Show Buyer Contract to prove they will get clear title?
Hello BP! First time poster on this forum, long time lurker. Here's my question:Should I show my Buyer my contract with the Seller to reassure them that they will receive a Warranty Deed?I'm in negotiations with a buy...
Seth Holmen
Cash purchase to Long-Term Debt. - Illinois
I lost out on a 4-unit building with a conventional financing offer. I need to refine my strategy and provide a stronger "cash" offer on the next one. I have a few ways to pull this off but I don't fully understand th...
Arturo Borges
Real Estate development partnerships?
Can you as a small, starting-out developer, partner up with an architect firm, construction firm, and the rest of people needed to make a project? If you are literally starting out, don't have experience, contacts, an...
Fahad Ali
Keeping track of Bill of Materials for each task in a rehab
Hi all,I'm attempting to streamline typical rehab tasks with a bill of material. Really looking for a system or process where depending on a certain task, I can manage the supplies and equipment needed to complete tha...
Philip L.
Tenant Wants To Buy My Rental Property
Hey Everyone - I have a rental property that I own, the tenant is interested in buying it but can't qualify for a mortgage - the property currently has a mortgage in my name - it seems like a land contract would be a ...
John Pitkin
Cap rate calculation
My understanding of cap rate calculation is NOI divided by the property cost or value. Recognizing that cost and value are not necessarily the same, I'm confused about which one to use in my calculations. When would i...
Alicia Waldman
Vetting Hard Money Lenders
Hello All,
I'm new to BP and am using this site as source to educate myself about REI. My strategy is to rehab, buy and hold. I've found a few companies that offer 5 year interest only rental property progr...
Will G.
No egress windows question.
Doing d.d. on a 12 unit multi, built in 72, with a sloping lot and no egress, from the 6 lower units bedrooms. Obviously it is code to have the ability to escape both bedrooms in the event of fire, but could this be m...
Tahra Wright
Wholesaling Fee
Is there a formula you use for wholesaling to determine the purchase price and is there a "standard" rule for what your wholesaling fee should be? I'm putting together a deal where the ARV is low 900s and rehab costs...