I've enjoyed reading so many of these deal diaries that I wanted to add one I am working on right now. I really think there is a ton of value added to our community by sharing what the life cycle of a deal looks like ...
Never have used a financial advisor and not seeing the use for one. I know they are big into insurance etc. Do you use?
Hello, everyone. Well, I've discussed with a potential buyer that I'll be doing a double closing, meaning the A-B settlement, then the B-C settlement. I told him that I'll close with the seller first using private fun...
So I recently purchased another rental property (3bed, 2bth, built 2003, ~1300sqft). I purchased it for cash for $68K (tenant occupied, will get to this later). I put about ~$3k into the rehab and about 2-3 weeks star...
Hi BP friends. I'm currently a private money lender based here in Phoenix. I'm currently seeing a surplus of capital and reduction of rates with new competition. I'm looking for alternative options to place capita...
Some states, like Indiana, allow dual agent, and some don't. Even in states where dual agent is allowed, some agencies don't allow it themselves. This makes me think of pros and cons of dual agency.
The pro I can com...
I have a rental I bough in the 90s. My first. Stable neighborhood at the time, but not anymore. We pulled money out during the boom years and the area is now severely depressed. (South end of Toledo, oh - 43609). I’m ...
I don't know who needs to read this, but I feel it needs to be posted, publicly.
Recently the following happened:
- BP Member posts negative statement about syndicator to these forums, involving lost money, poor co...
Hi - I, too am transitioning from SFH to apartment buildings, and would like to see what kinds of LOI's are out there.
What language, due diligence exits, and other concerns are you using in your offers? Actual exam...
There probably was a time when online reviews probably didn't get any notice. You would have the occasional resident who was in eviction, or hit with a late fee, that would vent his or her frustration online and it wo...