Mariano Wahlmann
Getting serious about investing in real estate
All,I've been lurking BP for a year now and I think there is ton of information here which, I admit, was overwhelming at the beginning. I'm looking to start doing my first deal and take real action.As a long term obje...
Cameron Hamidi
Partnership set up thoughts
Does anyone have any suggestions or thoughts on partnership agreements/set ups? I’m providing the finances to purchases RE investments and I want my sister to help me manage them. What’s a fair split? 50:50? 80:20?
Dave Bopp
Leasing Agent Forgot to Collect Last Month's Rent
Hi BP!I recently rented one of my units using a leasing agent who was referred to me by a friend. I provided my own lease which specified that first month's rent, last month's rent, and a security deposit were require...
Allan B.
Second mortgage foreclosing and claimed priority over first, bidding
I see an instance where a property has two mortgages, Mortgage A (by Bank A) recorded earlier, and Mortgage B (by Bank B) recorded later. Mortgage B does not have any subordination language, nor does it indicate HEL...
Cole Heavican
Meeting with family friend (Major Real Estate Investor)
I have a meeting today with a family friend. He is one of the largest if not the largest real estate people in my area. He owns a real estate company, title company, and a lot of real estate. I am a new investor an...
Account Closed
First Property - Looking for advice and feedback
Hi - I am looking into my first property and was hoping to share the numbers and get some feedback in case I am overseeing something. Also, please feel free to give general opinions as far as what I should be on a ...
Kerry Larson
What Loan Products Exist for Different Scenarios?
How to get additional financing when a project doesn't go as planned?Original Project: great single family fix & flip single family in affluent area of Atlanta. PP $700k, Rehab $300k, ARV $1.6-1.7MProblem Origina...
Lucas Schlund
Single Family Home Spreadsheet Property Analyzer
Hello all! I am a numbers and spreadsheet guy, so I like to see all the numbers layed out and organized before making a decision. Any good formats/tools out there that are good for analyzing the numbers on a potential...
Daniel Root
Analyzing the amount of rehab that needs to be done
For those of you who buy and fix/rehab properties, do you have recommendations on estimating figures for what repairs may need to be done (books/articles/hands-on teaching)? I would like to avoid the expense of hav...
Lila Kaplan
Looking for a trustworthy experienced real estate attorney
The attorney I worked with in the past was horrible. I'm looking to invest in the area and hope to find an attorney that's familiar with the Jersey City area.