David Oh
Profit Sharing Bonus for Property Mangement Staff
Hi All, Not sure I'm posting in the right place but it says this is the Rental Property Management Forum, but it's about the business end.I'm looking for some guidance from other PMs who have created a profit sharing ...
Michael Ealy
Is "Stupid" Money Chasing Millennials in Your Market?
Have you heard of the expression "stupid money"? It is when a herd of investors or speculators seem to be overpaying for an asset.In my market in Cincinnati and I guess almost everywhere in the country, "stupid money"...
Daniel Stegelman
Need Your Help With Potential Fourplex. Is this a good deal?
This is my first time positing on the BiggerPockets forum so please let me know whether or not this is appropriate. I found a multifamily house in a small town in Indiana and hope that some of you would help me analyz...
John Williams
short term rental or longterm for more cash?
I recently bought a home that has an attached dwelling unit where Im planning to move in and rent out the main unit. A question I have is, if i rent out the main unit that has 4BD-2B, is it better to get a long term r...
Jason Gott
Partnerships and how to write the terms
Hello BP family,I'm pursuing a deal and have never used a partner before. He is bringing the cash and I found the deal. We will split 50/50 on cashflow and proceeds when we sell. This is a seller financing deal. W...
Greg K.
Other ways to offer home as collateral besides mortgage lien?
I'm currently communicating with a local large bank, hoping to get a loan to payoff a current terrible mortgage on my house, rehab, and probably flip. What I like about this bank is that once I got on the phone with ...
Alex Wade
New from Portland, Oregon
Hello from Portland.I have very little experience but am here to learn more, and get ideas from others about how to make money by investing. I have been a residential mortgage lender for 6 years, and currently have 1...
Jason K.
How To Structure A Group of Investors
These seems to be a common unanswered topic. Here is my specific situation: I have about 20 years of successful investing experience in both flips and buy and hold. As a result, I have many friends/ family/ business...
Eliot M.
Mobile Home Park Valuation once and for all
Frank Rolfe says: MHP value = Lot rent per month x # of units x 60 or 70Laura Cochran says: MHP value = (Lot rent x 12 x # units)/19% or higherBasic real estate common sense says: MHP value = NOI x market multiple (o...
Larry Feacher II
First Time posting on BP!!! Is this all I need?!? Thanks in advance for any feedback!
First time positing on BP!!! I've Been a member for about a week or so, but been an observer for about a month... This place is like REI heaven! I have a contract Im getting ready to secure this coming weekend from a ...