Chase Olson
why the cap rate change
just a month ago, everything in my area was selling at a 7-8 cap, Now everything that is still for sale has moved to a 4.5-6 cap. anyone might know why?
Nathaniel Walker
How To Find Investor Friendly
Hello BP community,
I am looking for a community bank that works with investors, I would be looking to use these Banks to refinance out of short term loans as well as even use them for the initial capital to buy the ...
Jordan McCoy
Buying with Lease Option, Seller Passes Away?
This is a hypothetical situation, but just curious if you were purchasing with a lease option and before exercising that option the seller dies. How do you move forward in buying the property? Must have heirs sign o...
Kevin Mcfarland
finance a commercial property being leased
I have a car wash, lube center, detail center and self service bays when originally purchased appraised at $1M "AS IS", it was a closed building. I renovated with new car wash equipment, miscellaneous pump/ head unit...
Dan Fendius
Trouble closing on my parents house
Hey Everyone,My parents are having issues with the closing of their house and had a question. Any help is greatly appreciated!"Contract to sell house was signed with a contingency that the buyers sell their house. Th...
Nathan Weber
Learning Real Estate Math
Hi Everyone,
What do people recommend is the best way to learn RE math such as cap rate ROI etc?
I don't just mean the definitions but exercises to get comfortable making the calculations?
Thanks!
PK Adi
Early lease termination
Hi,One of my property leases has the following statement in the addendum for early lease termination."All Rent and additional Rent due through the Early Termination date". What does that mean?If the tenant is exercisi...
Emily Ford
Chris McClatchey - Instant Impact 3 day event in San Antonio, TX
Just completed Chris McClatchey's 3 day event in San Antonio. It was GREAT! It reinforced a lot of the information from his one day event in September in Arlington, TX. Biggest carry-aways from this weekend were the c...
Sean Cronan
No such thing as Real Estate!?
Hypothetical Thanksgiving non-sense:1. You are forced to quit your job tomorrow2. There is no such thing as real estate3. You MUST open up a small businessWhat would it be? All smart ass comments or fun ideas are welc...
Joe H Froehlich
How do you start your day?
Good Morning BP,
Doing this post as my Scribe part of my Miracle Morning. I wanted to ask all of you out there, How do you start your day to have the most successful day? Whether that is a certain meal, routine, or ...