Wes Blackwell
Estate Planning - Leaving Rental Property to a Minor
I have an older client who is about to purchase some rental property in California (a duplex) with another co-owner, and would like to leave her share of the interest in the property (50%) to her 4 year old granddaugh...
Yousuf Kaleem
How Does OPM Investing Work?
I am trying to get a better understand of how using OPM works in RE financing. Specifically, how would you determine how much an investor gets after a flip, or cash flow for rental income? Here are two examples. I a...
Account Closed
How to get to $30k/month if you were me?
Hello! I've learned so much on BP, mostly from lurking over the last few years as I prepare to shift full time to RE. I'm curious to tap the brain trust here on any angles I may not have considered. Would love to hear...
Ryan Anderson
A new investor working with a silent partner to find a deal.
Starting last summer I knew that I wanted to do real estate for the rest of my life so within a few months, I gathered every penny I could find and bought my first home which I am currently house hacking; I was instan...
Frank J.
Broker provide leads to his agents?
I joined a small office this summer and slowly realized that the broker does not do much for the office to provide any leads or new business. We have relationships with some property managers that we do rentals here a...
Quy Huynh
Budgeting For Expenses NOT Covered by CAM (Retail Centers)
Hi all,I'm doing an analysis on a 30k SF retail strip center and wanted to ask how much PSF do you typically budget for: - leasing commissions (property is 90% occupied as of now)-capx / reservesAnd lastly, do you typ...
Patrick Parrott
Commission splits with broker on personally owned assets
I am an agent who flips homes that I personally buy with my own money. When I buy a home Should I accept the 3% buyer agent side of commission and split it with my broker or take no commission and ask seller for 3% re...
Patrik Kusek
Live/work financing? and 1031X
We'd like to purchase a live/work property. Two questions 1) What kind of financing is typically available for this kind of property? Some say commercial some say residential. 2) Can we do a 1031 exchange so we can u...
Tara L.
Should Newbies Start Out With Short Sale Investing?
ALL:
Recently, I've been discussing the potential of short sales rising with an instructor from a Flipping Foreclosures course I took a couple years ago, and I wanted to get your opinion on the subject. Do you think ...
Account Closed
How should I structure my partnership with a financing partner?
I’m interested in hearing ways people (that have executed partnership agreements) have structured deals with partners bringing the financing to a multi-family deal.
In my case, I have investors interested in partneri...