Sam Y.
What would you do with a Promissory note with Ex-tenant?
Hi BP community, I would like to get your opinion on a promissory note from my ex-tenant, It's like an IOU.So the story is in California back before 2009, I had an ex-tenant (single mom+kids) that I was too nice to a...
Mahad Fahieh
New Member in North Dakota, Moving back to Denver
Hey All, My name is Mahad and I've decided to jump in head first and take action...finally! I'm in the process of moving back to my home town of Denver and am really excited to get started in real estate investing. ...
Erin Kelly
What is your take on Reverse Wholesaling?
I have been reading a ton of information on Wholesaling. Reverse Wholesaling seems smarter than traditionally Wholesaling - buying a property, then finding an investor.Is there a right way or wrong way to Wholesale?W...
Mary Jay
What are your predictions for the RE market? 6.5% interest rates
Hi guys,There was a great topic on the real estate predictions. I cant find it.What do you think will happen with the real estate prices? Now the interest rates are 6.5% I see some prices are dropped may be 15K but st...
Adam R.
Structure of MHP lease option
I’m considering an offer on a MHP. I’m leaning towards a lease option and looking for ideas on how to structure an offer. Owner is very concerned about tax implications and firm on price. Here is what I’m thinking:
W...
Tracy Brown
My First Deal? I Got Hosed......
The first deal was a night mare....the broker scammed me into buying a home where she new the owner and he was selling to go back to his homeland of Portugal where they are both from. (broker mistake...she never discl...
Michael Williams
California Eviction Moratorium Commercial property
With the California eviction moratorium ending will this be the best time to find off market deals for commercial multi family properties in California? Will property owners owe so much in back rent that their best op...
Mike Downing
My first investment property bought as an investment
Investment Info:
Single-family residence buy & hold investment in Houston.
Purchase price: $635,000
Cash invested: $135,000
Sweetheart deal that I found on Craigslist that is located in one of mo...
Scott Rauch
BRRR “refinance question”
I’m at the Refinance part of my BRRRR. I Just got it appraised a few days ago. A local small bank has offered a 20 year ARM loan. Interest rate for the first 5 years is set at 4.75%. Then at the 6th year the interest ...
Lawrence Hsieh
IRR, CoC w/ Pref Calculation
I'm curious if anyone can walk through the calculations on IRR and CoC when an annualized pref rate is part of the deal.On a standard deal is the CoC usually the annualized pref amount so it's counted as just cash flo...