Rachael A. Tanner
Nuts and bolts of private money lending help!
I am preparing to raise capital and I would like help understanding how to go about structuring and writing the terms of the funds.MY IDEA I want a $100,000 interest-only loan. I would invest this into a BRRRR. Then I...
Michinori Kaneko
Switching Title of the property to an LLC
Hi, I just went into contract for my first rental property a week ago. the property i'm purchasing is already in contract with my personal name, as I read many articles about how setting up an LLC is overhyped. I ha...
Kacey W
Explain to me a Mortgage Wrap!
I have a commercial property that I have a buyer for. One of our only options would be a mortgage wrap. I have never done a wrap and am not real familiar with it. Can someone give me an explanation of a wrap, what to ...
Grant Fjetland
Indemnity Clause in Property Management Contracts
Hello BP Community,I have been vetting some property management companies (Manager). When looking at contracts, I am seeing a theme of indemnity clauses. The Owner would be on the hook for the negligence of the Mana...
Christopher Brooks
Land flipping in Tennessee!
Hello,
My names Chris and I’m new the BP forums. At the beginning of the year my mom, sister and myself decide we wanted change! So together we embarked on this new journey of real estate investment. After doing so...
David Kenny
First deal under contract!! Any last minute tips?
Hi everybody,I have listened to almost all of the podcasts and have wanted to invest in a rental property for the past year.. I have been patiently waiting for a property to fit my criteria, which has been difficult i...
Bryan H.
I have 2 rentals and a primary. What should be my next move.
Hi everyone, Thank you for taking the time to read about my situation and give me advice. My goal is to bring in 16k per month with my buy-and-hold properties. I plan on living on 25% of that and using the additional ...
John Mano
Rental Investment vs. Flip
I purchased a rental 4 years ago for $40k (no mortgage) and it's been rented for the first 3 yrs then last year I decided to fix and sell. Spent $100k (no loan) on repairs and upgrades and I have an agreement of sale...
Caleb Whitney
What does your perfect short sale lead look like?
In regards the
1) the mortgage(s) (do you prefer 1 lien or 2)
2) the actual property (age, repair level, location, etc)
3) lenders
4) never listed? dropped off (or expired SS listing)
I know there's not a "per...
Grant R.
Property Management Fee Negotiation
I'm located in the Midwest U.S., and have experience with 2 previous property managers. I'm looking now at a 3rd PM, and have found a lot of extra fees that I haven't paid before. Are these fees considered appropria...