Caleb Mclamb
Vet'ing a mentor?
Hello BP,I am just getting started and have been active in my local REIA, I have been approached, about a week after a meeting, by a member who has offered his mentorship and would like to do a deal with a 50/50 split...
Chuck Van Court
Computed ROI on fund and impact of Reserve for Loan Losses
I am an investor in the BroadMark fund, which provides investor return from 1st lien position hard money loans. I am generally happy with the fund thus far, but they seem to be using an overly favorable method to com...
Account Closed
Is it worth holding a real estate license as a developer?
hi folksi am currently trying to weigh the potential benefits of getting a real estate license for my california deals.I have $8 million of new homes to sell in one year and am understandably reluctant to the idea of ...
Charlie MacPherson
True story of a Realtor saving clients $121,000
I'm not a fan of wholesalers - especially those that are unlicensed and make their living by stealing equity from sellers who are uninformed or so desperate that they have to take a bad deal to get out of a jam.Well, ...
J M.
Receiveing money, Logistics and tax question
I need to know how would you approach the following scenario.
You have a friend that owes your family some money, so he will be giving you 50k. He has the money in his bank account.
Logistics wise, would it be bet...
Adam Kruse
Boyfriend Squatter alert
Hi All
One of my properties is being renting to a single, female student. The lease stipulates no visitor can stay more than 48 hours without being added to the lease. Her boyfriend is now staying at the property for...
Erik Miller
Do short sales hurt your credit score?
I have heard different answers and was wondering what you guys had to say?
Thanks,
Erik
RICARDO RUIZ
2 QUESTIONS
1.
I am curious how many of you guys own your own home? I ask because my focus for the past several years has been paying off the mortgage. Now that I can see the light at the end of the tunnel I can feel comfortabl...
Karen Parker
Consumer Credit Card Act and Loaded Weapons?
I was reading an article on concealed weapons today. Actually, it can be found here if you're interested in that
http://news.yahoo.com/s/ap/20090722/ap_on_go_co/us_concealed_weapons
but that isn't really the topic ...
Paul Altman
Private money lending advice
Hi
I am considering loaning money in a situation where I would be getting 35-40% of the profit and also a preferred interest rate on my money. This would more so be a partner situation so not lending to stri...