Greetings All,
I am a new member to BP. I am a multifamily real estate investor from Randolph, MA. My company also invest in commercial multifamily properties while providing conservative returns for investors.
I h...
Hi,I just wanted to take a poll to see if any investors had a preference between Elance or Odesk or do some of you use them interchangeably? I started with Odesk and now I'm exploring Elance.Does it come down to a mat...
Hi there, I'm a newbie architect in Hawaii trying to break free of a 60+ hour work week to start developing my own properties. I'm also new to BP.
I know it's easier to get started in real estate on the mainland, bu...
A little over a year ago, I wrote a post that received over 10k views. Based on the popularity of the post, I thought it might be worth posting an update, especially because the outcome is quite ironic! Before, I get ...
LP gets first 7% of returns as pref-From 7-12% split is 50/50 LP/GP-From 12-17% split is 25/75 in GP favor-From 17%+ split is 10/90 in GP favorThat means that if the investment did 30% irr pre-distribution that the LP...
Creative finance and creative negotiating is about the same thing. There are many definitions for the so called creative stuff, so what it is? In my opinion, it is a buyer attempting to put together a transaction tha...
I'll keep it simple, their credit is not good, mine is great, I have my own home and have amazing credit, they have first and second mortgage on theirs at high rates and cannot refinance due to lack of income (one sto...
Hi BiggerPockets Community,
I'm preparing to rent out a 2-bedroom, 1-bathroom unit to college students and would love some advice on how to furnish it effectively. What are the essential pieces of furniture and ameni...
Good evening all. Please forgive my ignorance. I've only just discovered Bigger Pockets and the brrrr strategy within the last couple of days. I don't even know if there's a search function. My question is this. When...
Hello all:
Got a potential note seller wanting to sell one under these circumstances:
Approx 74K face value
7% interest
Balloon due 1.1.2012
Note holder has not called note.
FMV of RE securing note is approx. 80K.
Ask...