Alejandro Ochoa
Just finished reading Rich Dad Poor Dad and I'm inspired to start
Hello everyone my name is Alejandro Ochoa an I'm very new to this forum and the world of real estate. I just finished listening to Rich Dad Poor Dad and am currently listening to The ABCs of Real Estate Investing and...
Patrick Hopkins
Hello from Medford, MA!
My name is Patrick Hopkins, and I finally set up my BP profile (picture and profile completion to come this weekend). I have researched several topics on the site before, and yesterday I noticed a post in the forums ...
Briette Awbrey
Wells Fargo says I can't convert my rental property into an LLC
Hi everyone,I called Wells Fargo, who services my loan & they said that the investor (Fannie Mae) won't let me transfer my house into a LLC. It was originally bought as a primary residence in 2013 but has since be...
David Stelzer
Is real estate syndication worth the wait?
Hi all. I'm looking at syndication opportunities, and it just doesn't seem worth it. For a minimum investment of $25k, I can get an IRR after sale of nearly 20% in 7 years. That's about $5k. I would also get a sha...
Domenick Cava
Out of state investing and business write offs?
Hey everyone. I am looking for some CPA, legal, or experienced advice on business write offs when investing out of state. I am currently looking at out of state investing and would like to parlay that opportunity to...
Georgia Godfrey
Bagley Tenants - What a Girl Wants / Needs??
Hey there! First-time-out-of-state investor here! Been discussing some of this with my PM but would love to hear from the local investor community...Just purchased a great 3/1 SFH (1500sf) in need of a heavy cosmetic ...
Andre Chambers
Application of principles from Never Split the Difference
Hi BP!Just wanted to share a recent success story of my girlfriend in negotiating. I recently read Never Split the Difference by Chris Voss on the recommendation of a member. Instantly top 10 book for me as far as pri...
Derek Clark
Push For More Cash Flow or Get a Great Tenant in Place?
I have a potential tenant interested in leasing a commercial spot that I am currently under contract on. I have met them and can tell based off there lease history and our conversation it would be a great tenant and m...
David Beard
Property Mgmt Agreement w/ Sales Commission
I was curious how many of you have property management agreements where the PM has inserted a clause saying they'll be paid a specified % of the sales price if sold during the term of the agreement. Sounds crazy to m...
Stephen N.
Doing first short sale. Need major help
I'm trying to do my first short sale and I really need help.
Here are the details:
FMV of house based on comps: $155K
Repairs needed to property: no more that $20K
Total owed on 1st to Wells Fargo: ~$163K
No second...