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What is a good formula for splitting profits on a property?
I am involved in a 3-way investment on a rental property and we are being forced to sell because of a DOT project. Our profit on this property will be approximately $75,000 and we need to figure out how to split this ...
Jason Hill
Swing and a 16 unit miss
I came across what I thought would be a great deal a 16 unit apartment complex 8 of the units were gutted to the studs the other 8 needed to be gutted also. Talking to the extremely friendly wholesaler the property wa...
William Coet
Does This Make Sense? Syndication Question
Hello,A syndication closed on a multifamily property several months ago and they are still raising funds for the property. They say that the money raised will go toward reserves. As someone with no experience invest...
Jackie Liu
Reasonable cost to paint, patch, sand a 10X10 room
Hello BP members, I have a SFR rental location in Indianapolis in the Near Westside area. My tenant of 1 year just moved out recently (work transfer), but during the move-out inspection we found that one of the 10X10 ...
Mike H.
BiggerPockets PM System Complaint
The new site's email layout is absolutely awful.Its stupid to have the emails listed on the left. How the heckcan you find anything easily? Somebody needs to fix this feature becauseit makes the thing completely usele...
Laura Krukowski
Own a house outright & need a lender--is there ANYONE that can help?? PLEASE????
Here's my scenario.My husband & I are renovating a house that we own outright (approximate worth is 350k).....we are interested in taking money to finish the renovation & also we have an interest in buying ano...
James Lopez
doing your first whole sale contract correctly
Hi my name is James Lopez, i am new to the business and about to put my first offer for a whole sale deal in San Antonio TX. I am just a little stuck on how to protect my self on the contract in case my buyers see a ...
Jay Leisten
Tips for Real estate investing debt free?
Im looking to invest but want to do it all cash out of pocket. Is there anyone here who started working that way with say 15-25k? Sweat equity is no problem for me. Should I be scouting forclosure sales on the courtho...
Account Closed
Found Deals Off Market - Here's How
Here is a big pro tip:
Stop buying on the MLS. It’s too expensive! There is a process called "Buying Off Market". Where do you think all of those properties on the MLS come from? They were "off market" until they wer...
Ivan Jenkins
Applying Fair Housing Standards to Criminal Records?!?
I logged on to my local MLS today and noticed a new message with an attachment from the US Dept of Housing and Urban Development (HUD) that speaks (in general) about how almost 1/3 of the US population has a criminal ...