Tony Nguyen
Asbestos in rental
Hello,I have a peculiar situation here. I own a SFH that has been a rental for 16 years. When the tenant moved in, he bumped into some ductwork made of asbestos. This caused the material to come apart and he wanted...
Ku Thao
Structuring and legalizing private money
Hello all,I am new to private money and would like any and all input on private money. I have a few friends that are willing to put money together to fund deals. how do we structure this and what legal steps do I tak...
Jason Merchey
Housing Prices and REITs 2014-2017
The local real estate market is looking pretty good for me into the future I think, or at least, better than average. I do worry a bit about Blackstone or whatever that huge REIT is (is that the right word?) and th...
Justin Przybylski
Ratios
What would be a beginner's guide to the criteria and ratios that I would need to analyze an investment property? My goal would be to have the property produce positive cash flow even if its $1 a month. I just wan...
Nick DePrizio
Refi options for a newbie in South Boston
My wife and I own a condo Southie and are currently renting it out while we live in San Francisco. It's Cash Flow positive about $175 a month (which we are putting into principal), Loan was for 328k @ 4.25% and are lo...
Account Closed
Private Lending Basics
Good Afternoon fellow BiggerPockets members!I recently received an amazing opportunity to become a private lender in a flip in my neighborhood. I've done some basic underwriting and the deal looks solid. That being sa...
Jon Mccarthy
First flip "maybe"
I found a house I want to buy and flip it is going for 79,900 I want to offer 70 for it. I think if i can dump about 30 into it I could get about 130 to 140 for it. Here is the problem the seller does not want to sell...
Andrew Schena
Fees for Private Placements?
I've been raising capital now for almost 5 years and placing private money into structured equity positions in our properties LLC's, which have all been flips. My question, however, revolves around a potential fee st...
Andrew P.
First deal, need advice..
Hi,This is my first real estate deal. Looking at a condo about 1000sqft listed for 135k.Now it needs new paint, new carpet (or laminate floors instead) and the HVAC is 18 years old.For 25% down and a conservative 1 mo...
Felicia Gordon
Job Searching
I have been applying to real estate industry questions for the past 2 years. I've made it to some interviews where I thought the interview went great and they would hire me but they eventually did now. I was wondering...