I'm looking at a deal where the seller is anxious to sell a 38 unit apartment complex. They bought it for cash in 2005 for $1,675,000. Here are the current numbers.Asking Price $1,411,000. The normal Cap Rate for the ...
Hi Folks - New BP member here and have been doing a lot of reading on master lease options. Seems like a very intriguing way of managing property and benefitting from increase NOI and ultimately property value.I am lo...
Hey guys recently got a message from a friend about buying their home. It's a duplex. I think the price is 10k too high and I dont have the capital or availability to do this right now. What I have debated doing is of...
I am interesting in knowing what are some safeguards if any investor has when using a master lease as a financing option. Is there a way to insure that the original owner will not pocket the monthly payment I make lea...
Hello BP.
As far as wholesales go I've read and heard about a "master list"; how does one create this list, who do you have on it and why, where do you find these individuals at, how often does this list get updated...
The notes I have on MLO say to "get the owner to lease their entire building for usually 5 years, for no more that the current NOI, income - expenses. Set up an option to buy at current or below current value.Then exe...
Hi,Is there a master list of podcasts, numerically , so that I can cross them off as I listen to them, or make notes on which ones to listen to again?
I have a lead where the owner of the property interested in an MLO. The property currently has a mortgage but, the mortgage has a balloon payment that will be due next year, it is not a good candidate for Sub-2 or wra...
How do you ad value to your Airbnb? I've hear multiple ways of doing so. For example, some will have a gift basket or cookies ready for them when they get there. Another person added the families last name on a welcom...
We have 4 members already, looking to add one more. First meeting is 6am -7am EST on Oct 13th, each meeting after that will move to every other Friday at 6am. You need to either be in the Columbus area or have at le...