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The Exit Cap
I chose to start with the Exit cap because it seems like a small factor in the syndicator’s underwriting and is often overlooked by many passive investors. However, it’s one of the most important factors...
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I gave large deposits to a GC on 2 flips in FL. One project is small 3 bedroom house is only 50% done after 3 months. 2nd flip I gave deposit 10 weeks ago and I checked with the permitting office and their drawings/...
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Interesting article from Working Real Estate Magazine about the origins of RE Disclosures.
Agent Disclosures and "Reasonable Diligence" - The Lawsuit that Started it All
by Isaac Peck, Editor
If you've been a re...
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Hi guys,I just got my taxes done by my accountant and it turns out that I have to pay over 3K for 2014 (yes I was waaayyy behind but finally got my act together and pulled everything into an accounting package). Unfor...
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Hi. I've spent all day speaking with many title companies and attorneys and am now a little confused about the distinctions I need to make in finding one that is good for wholesaling or using other types of creative f...
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I have a 2 bedroom, 1 bathroom unit with a short water heater under the kitchen counter. The tenant is saying that the water heater is making some water noises. I previously discovered some condensation related moistu...
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Greetings everyone! My name is Steve Lovett, and I'm a landlord in Metro-Detroit. I have 8 rentals and have rehab and management experience. I learned about BP initially when listening to Brandon's book on Audible....
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I'd like to tap the collective wisdom of the forum.I've made two business decisions that don't sit well with two friends who want to refer business to me. They won't refer unless I change these two practices. Here t...
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Hi guys-I rented out a 400 sq feet studio apartment about a month ago, and today my tenant says there's a musty smell in the studio, likely indicating the presence of mold. As far as I know, there are no leakages in t...
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We are under contract for a beautiful SFH in Chicago. But during attorney review see that the house is zoned for multi unit. We think the sellers bought it 6 years ago as a multi-unit, did some renovations and have li...