Dallin Dragon
How do I secure funding before buying a foreclosure at auction?
To buy a foreclosure at auction I need to have the full amount of cash within 24 hours of getting the house at auction (that’s after paying $20k at the auction). I’ll go to auctions with specific houses in mind that I...
Brian Essex
lender recourse if condemned?
Does anyone know if a lender has the right to recourse if the home suffered from a natural disaster (flooding) and is now condemned? My investment property can be short sold for only the value of the land and this wi...
Andrew Rosenthal
How to create syndicated capital raise broker agreement
We are looking to raise both debt and equity for 50-100 million dollar projects in asia. The debt is a fixed rate, lets say 10% and the equity has a fixed rate and a promote. We are looking to create an all encomp...
Bradley Rombach
Join venture - Full Recourse
I am (investor) looking at a deal that’s $600,000. To secure and renovate the property it’s $220,000. I, a very distant investor, will bring $220,000 to the table and the operator will do the entire project. Here are ...
Randy Lance
Full time W2 Investors
I have some general question for all of those full time W2 workers that also invest in real estate.
1. Does your employer know that you invest?
2. If so, what was that conversation like? Was there a con...
Jeremy Lee
CA: handymen vs contractors
Hey all,Just wanted to clarify but in California if I have repairs that cost over $500 including parts and labor, I need to hire a licensed contractor to do the work. If it's under $500 (including parts and labor) I c...
Beau Pearson
First, Last and Security is a lot of money??
I have a few SFR’s In south Florida. I just signed a new tenant at one with the rent being 1,425. It seems a lot to ask a tenant to come up with first, last and security with these rent amounts what they are. Any sugg...
Account Closed
How to evaluate a note offering
Hello BP community! I'm looking to find out how to get educated specifically around the process of evaluating a note. I'm considering notes from various exchanges, but have no method/strategy defined around how to a...
Eric Sullivan
Raising capital to keep up with opportunity
My question: For seasoned investors, have you had success bringing someone in to help raise capital for projects? If so what did that structure look like? Where they salaried? % of capital raised? Partner? I am sure t...
Matthew Slaughter
Construction Lawyer and Bad Contractor
HI BP! I have work being done a duplex in Akron Ohio by a contractor listed on the Akron Canton Real Estate Investor Association website who is falling down at the end of the job. Project is about 75% complete and h...